©2013 STARWOOD HOTELS & RESORTS WORLDWIDE, INC. | Proprietary & Confidential

GUIDO DE WILDE // SVP, REGIONAL DIRECTOR – MIDDLE EAST

STARWOOD IN THE MIDDLE EAST

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FORWARD-LOOKING STATEMENTS These presentations contain forward-looking statements within the meaning of federal securities regulations. These forward-looking statements generally can be identified by phrases such as Starwood or its management “believes,” “expects,” “anticipates,” “foresees,” “forecasts,” “estimates” or other words or phrases of similar import. Similarly, statements in this release that describe the Company’s business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties and other factors that may cause actual results to differ materially from those anticipated at the time the forward-looking statements are made. Future results, performance and achievements may be affected by general economic conditions including the severity and duration of any downturn in the US or global economy, the impact of war and terrorist activity, business and financing conditions, including the availability of mortgage financing, foreign exchange fluctuations, cyclicality of the real estate, including the sale of residential units, and the hotel and vacation ownership businesses, operating risks associated with the sale of residential units, hotel and vacation ownership businesses, relationships with associates, customers and property owners, the impact of the internet reservation channels, our reliance on technology, domestic and international political and geopolitical conditions, competition, governmental and regulatory actions (including the impact of changes in U.S. and foreign tax laws and their interpretation), travelers’ fears of exposure to contagious diseases, risk associated with the level of our indebtedness, risk associated with potential acquisitions and dispositions, and other circumstances and uncertainties. There can also be no assurance that agreements will be entered into for the hotels in the Company’s pipeline and, if entered into, the timing of any agreement and the opening of the related hotel. These risks and uncertainties are presented in detail in our filings with the Securities and Exchange Commission. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that our expectations will be attained or that results will not materially differ. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. Please note that these presentations include non-GAAP financial measures. For definitions of certain terms used herein and a presentation of the most directly comparable financial measure calculated and presented in accordance with GAAP and a reconciliation of the differences between the non-GAAP financial measure disclosed and the most comparable financial measure calculated and presented in accordance with GAAP, please refer to the Company’s web site at www.starwoodhotels.com.corporate/investor_relations.html.

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WELCOME TO DUBAI مرحبا بكم في دبي» A city at the center

of one of the most dynamic regions in the world

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MIDDLE EAST IS A REGION THAT MATTERS » Melting pot of diverse

and complex politics and religions

» Rich and complex history » Growing population » At the crossroads

of globalization

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RICH HISTORY » History dates back

to 3500BC » Innovations in language,

culture, science » Birthplace of Judaism,

Christianity and Islam

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FAST GROWING DYNAMIC POPULATION » >50% of population under 30

years » 1990-2008, population

growth rate was higher than India and China, and remains high

» Mosaic of over 350M people » The UAE’s population is

7.5M » 2M in Dubai alone with 5%

growth in 2012

Source: OECD/ World Bank 2010; Dubai Statistics Centre 25

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MIDDLE EAST IS AT THE CROSSROADS OF GLOBALIZATION

» Trade between China and Arab world and trade with Africa has increased tenfold

» UAE, Qatar and Saudi becoming important hubs

» By 2030, travel into the region is expected to triple to 149M arrivals

» Outbound travel is up 400% in last 20 years

» Expected to reach 80M outbound trips annually by 2030

Source: UNWTO 26

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NOT JUST ABOUT OIL » 60% of world’s total

proven oil reserves » Despite economic

crisis, some of the highest per capita incomes globally

» Dramatic Growth in inbound and outbound tourism » Arrivals up over 7% per

year since 2005 » Outbound travel

up 8% per year since 2005

Sources: OPEC; UNWTO 27

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SHEIKH ZAYED ROAD – THEN » Transformation

of Dubai » Open-Skies policy » Free Economic Zones » Promotion of tourism

» 600k population in 1993 » 167 Hotels in 1993

Sources: Dubai Statistics Center; Gulf News 28

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SHEIKH ZAYED ROAD – NOW » UAE's hospitality market

» Revenues of $7.5B by 2016

» +67% over 2011 » 2.1M population » 326 Hotels

Sources: Khaleej Times, UAE; Alpen Capital Hospitality Report; Dubai Statistics Center 29

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OTHERS FOLLOWING DUBAI’S LEAD » Abu Dhabi focusing on culture

with branches of the Guggenheim and Louvre opening, along with the Zayed National Museum

» Qatar investing $11B in new Doha international Airport, $6B in Doha Port project and $25B in other infrastructure

» Saudi Arabia constructing the $86B King Abdullah Economic City

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STARWOOD’S MIDDLE EAST ADVANTAGE

WESTIN DUBAI MINA SEYAHI BEACH RESORT & MARINA

SHERATON DUBAI MALL OF THE EMIRATES HOTEL

» First mover advantage » Strong local brand recognition » Deep local relationships » Leading loyalty program and

global infrastructure » Innovative Food and Beverage

Programs » Best in class talent

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STARWOOD HAS BEEN IN THE REGION FOR FIVE DECADES

1966 1982 2009 1984 1978 2012 2010

Sheraton Kuwait – Starwood’s first hotel outside of the U.S

Starwood enters Qatar and Pakistan with Sheraton Entry of W and Aloft brands

Growth in emerging markets – opening of Sheraton Dushanbe and

signing of Sheraton Aktobe

Luxury Collection takes over operation of Grosvenor House

and Al Maha

Debut in UAE and KSA with Sheraton Dubai Hotel Creek & Towers and

Le Méridien Medina

Opened the first worldwide reservations office in the region

(Bahrain)

Signing of Sheraton Erbil – marking Starwood’s re-entry

into Iraq after 20 years

FIRST-MOVER ADVANTAGE

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OUR EXPERIENCE GIVES US AN ADVANTAGE » 79 hotels (operating + pipeline) » More than 22,000 rooms in 13 countries

UAE 33 HOTELS – 21 OPERATING, 12 PIPELINE

SAUDI ARABIA 15 HOTELS - 9 OPERATING, 6 PIPELINE

OTHER 31 HOTELS - 15 OPERATING, 16 PIPELINE

45 Operating 34 Pipeline (Executed)

FIRST-MOVER ADVANTAGE

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THE LARGEST LUXURY/UPPER –UPSCALE HOTEL COMPANY IN THE MIDDLE EAST

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0

10

20

30

40

50

Starwood Marriott Hilton Hyatt

MIDDLE EAST HOTELS

FIRST-MOVER ADVANTAGE

Source: STR Census as of December 2012; Starwood Internal Data 34

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DIVERSE PIPELINE BY BRANDS AND MARKET

Sheraton 26%

Le Méridien 3%

Westin 9% St.

Regis 8% W

14% The Luxury Collection

9%

Four Points by Sheraton

17%

Aloft 11%

Element 3%

BY BRAND

34 PIPELINE HOTELS

UAE 34%

KSA 20%

Levant 14%

Iraq 9%

Oman 9%

Qatar 3% “Stan”

Countries 11%

BY MARKET

FIRST-MOVER ADVANTAGE

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ACCELERATING GROWTH

45 HOTELS TODAY

80 HOTELS IN 2016

100 HOTELS IN 2019

FIRST-MOVER ADVANTAGE

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THE ST. REGIS SAADIYAT ISLAND RESORT ABU DHABI

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THE ST. REGIS DOHA

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THE ST. REGIS ABU DHABI

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MULTI-BRAND PROJECT – DUBAI 40

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3 X DUBAI MUSCAT AMMAN ABU DHABI

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ERBIL, IRAQ DUSHANBE, TAJIKISTAN

AKTOBE, KAZAKHSTAN

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OUR BRANDS RESONATE WELL IN THE MIDDLE EAST

SHERATON KUWAIT AND FOUR POINTS BY SHERATON KUWAIT

SHERATON DUBAI MALL OF THE EMIRATES

» Second region after North America to have all nine brands

» Increasing number of conversion opportunities

» Rejuvenation of Sheraton and Le Méridien with renovations

» Expansion of existing properties to meet high-demand

» High-levels of guest satisfaction

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DEEP RELATIONSHIPS BUILT ON DECADES OF TRUST » We have a deep understanding

of this part of the world » Right teams in place to deliver

the promise » Strong relationships with some

of the most influential royal families

» Highly influential royal families are some of the most important owners of the hotels we operate

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TAILWIND FROM OUR GLOBAL PLATFORM: SPG » Members based in the

Middle East accounted for 350,000 stays in 2012

» SPG community in the Middle East spends well above the global average

» SPG accounted for 51% share of occupancy in 2012

» 21 SPG point “millionaires” in the region

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GORDON RAMSEY JEAN GEORGES VONGERICHTEN GARY RHODES

IMPACT OF FOOD AND BEVERAGE » Operate 277 Restaurants

and Bars » Relationships with world

class chefs » F&B accounts for 43% of

regions total revenue in 2012

» SPG and F&B Integration

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BEST IN CLASS TALENT » Associates from over 100

different nationalities, speaking over 50 languages

» Approximately 12% of our workforce are local nationals

» House close to 16,000 associates in staff accommodations, serve over 15 million meals per year

» 20,000 associates by the end of 2013

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ALOFT RIYADH

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AJMAN PALACE, A LUXURY COLLECTION HOTEL

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W ABU DHABI

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SHERATON DUBAI SHEIKH ZAYED ROAD

SHERATON SHARJAH

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STARWOOD’S MIDDLE EAST ADVANTAGE

WESTIN DUBAI MINA SEYAHI BEACH RESORT & MARINA

SHERATON DUBAI MALL OF THE EMIRATES HOTEL

» First mover advantage » Strong local brand recognition » Deep local relationships » Leading loyalty program and

global infrastructure » Innovative Food and Beverage

Programs » Best in class talent

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