Internationally Acclaimed Chef Alain Ducasse to Open New Restaurant at St. Regis Hotel, New York

Chef Alain Ducasse is one of the world's most decorated chefs and the only chef in the world to own and operate three signature restaurants each honored with three Michelin stars. Ducasse has developed unparalleled expertise over the past 25 years in the art of good living and eating, evidenced by his receipt the world's most prestigious culinary awards.

"Pairing the talent of Alain Ducasse with the luxury and rich legacy of the St. Regis Hotel, New York will create a distinct and exciting experience," said Steven J. Heyer, chief executive officer for Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT), the parent of St. Regis Hotels & Resorts. "Our vision is to create a new style hotel restaurant with a theatrical environment, energy and vitality."

Masterfully utilizing the freshest seasonal ingredients, the menu will feature an elegant cuisine, rich textures and new flavors complemented by one of the most important wine collections in the world today.

"My ambition for The St. Regis in New York is to create a wine and culinary experience with a resolutely unique approach. The goal will always be to create an unforgettable culinary experience," stated Chef Alain Ducasse.

Recently named the number one hotel in the world by the readers of Institutional Investor, The St. Regis Hotel, New York is the first New York hotel to win the coveted top spot in the survey's 25-year history. The opening of the Alain Ducasse restaurant, further underscores the hotel's reputation for and commitment to creating extraordinary experiences for guests.

David Rockwell and the talented Rockwell Group design team will oversee the dramatic redesign of the space formerly occupied by Lespinasse including customized areas for private dining along with several distinctive private tasting rooms.

"We are delighted to welcome Chef Ducasse to The St. Regis Hotel, New York, offering guests and New Yorkers an unrivaled dining experience. The addition of this unique collaboration is another chapter in the hotel's storied history, and further establishes The St. Regis Hotel, New York as a destination for the world's most discerning travelers," commented Scott Geraghty, general manager of The St. Regis Hotel, New York.

The St. Regis Hotel, New York is revered as one of the finest addresses in the world. The majestic Beaux Arts exterior, elegant public spaces, exquisitely designed guest rooms and suites and unparalleled, bespoke service have preserved its legendary status for more than 100 years. Ideally located in the heart of Manhattan at the corner of Fifth Avenue and 55th Street, The St. Regis Hotel, New York completed an exquisite renovation by noted designers Sills + Huniford, as well as with a new Remede Spa. In September 2006, the hotel unveiled a magnificent suite designed by Bottega Veneta.

St. Regis Hotels & Resorts includes the most celebrated properties in the world. Founded by John Jacob Astor with landmark St. Regis Hotel, New York over a century ago, the company will unveil highly anticipated St. Regis properties in Fort Lauderdale (2006), Mexico City (2007), Punta Mita, Mexico (2007), Singapore (2007), Anguilla (2008), Atlanta (2008), Deer Valley, UT (2008), Puerto Rico (2008) and Bal Harbour, Fl (2009) that will further enhance the brand's legacy. Personalized service and amenities, enviable locations and luxuriously localized design are recognized worldwide as hallmarks of the St. Regis experience.

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