Environmental

Aloft Tempe Earns LEED Certification

Aloft Tempe becomes the seventh LEED-certified property for Aloft brand parent Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT), which leads the industry in green-building initiatives.

Aloft Hotels "Environmentally-conscious development has never been more important than in today's business environment.Our mantra has always been to build into the future and with the Aloft brand and LEED certification, we believe we have achieved that goal," said Michael Mahoney, CEO of Triyar Hospitality, the hotel developer.

With over 40 hotels open to date, Aloft is shaking up the hospitality industry as one of the fastest and most successful brand launches in hospitality industry history. Starwood saw the select serve market was ripe for reinvention and innovation and created Aloft for the savvy, design-conscious consumers who grew up with the democratization of design. The Aloft brand offers an urban-influenced, modern, open and vibrant design, high tech amenities and a social guest experience with its dynamic re:mixlounge and destination w xyz bar - all at an affordable price point.

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Aloft Tempe joins a growing list of eco-conscious, LEED-certified buildings in Tempe, including the Downtown Tempe Transit Center, Arizona State University's Memorial Student Union Center and Papago Gateway Center.

"For both guests and our neighbors in Tempe, we know that 'being green' is a priority, and we're very proud that Aloft Tempe achieved the high standards of the US Green Building Council to earn its LEED certification," said Brian McGuinness, Senior Vice President of Specialty Select Brands for Starwood. "It's gratifying for us that guests can have a unique Aloft experience while helping conserve resources."

LEED is a point based system where building projects earn LEED points for satisfying specific green building criteria. By using less energy and sustainable products, LEED-certified buildings reduce greenhouse gas emissions and contribute to a healthier environment for residents, workers and the larger community.

Starwood is an industry leader in green building initiatives. Across its entire portfolio, Starwood is rolling out initiatives that aim to conserve energy and water, reduce waste and enhance indoor environmental quality for guests and associates alike.

Aloft Tempe is owned in a joint venture between Triyar Hospitality, LLC a Los Angeles-based company and Warburg Pincus Real Estate I, L.P. a New York-based private equity fund. 



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