16 June 2014
Starwood Hotels and Resorts Worldwide, Inc. (NYSE: HOT) said it has signed an agreement with IOI Properties Group to manage the Four Points by Sheraton Puchong and Le Méridien Putrajaya hotels, slated to open in the fall of 2014 and 2015, respectively.
These two new hotels will add 599 rooms to Starwood´s robust portfolio in the country and reflect Starwood´s desire to expand into the fast growing districts of Malaysia. Puchong and Putrajaya are part of the Klang Valley area, which includes Kuala Lumpur and its suburbs and adjoining cities and towns in the state of Selangor.
Starwood Hotels and Resorts Worldwide, Inc. is one of the leading hotel and leisure companies in the world with nearly 1,200 properties in 100 countries and 181,400 employees at its owned and managed properties. For more information, visit www.starwoodhotels.com