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Starwood Hotels & Resorts Worldwide, Inc. Announces Fourth Quarter Earnings Release Date

    WHITE PLAINS, N.Y., Jan. 5 /PRNewswire/ -- Starwood Hotels & Resorts
Worldwide, Inc. (NYSE: HOT) announced today that it will release the Company's
fourth quarter financial results prior to market open on Thursday, February 8,
2001, followed by a conference call at 10:30 a.m. (eastern).  The conference
call will include a brief discussion of the quarter followed by questions and
answers.  The call will be moderated by Dan Gibson, Senior Vice President,
Corporate Affairs and will include remarks by Barry Sternlicht, Chairman and
Chief Executive Officer and Ron Brown, Executive Vice President/Chief
Financial Officer.
    Participants may listen to the simultaneous webcast of the conference call
by logging onto the company website http://www.starwoodhotels.com, choosing
"Press Releases" within the Investor Relations section of the website at 10:30
a.m. eastern.
    In addition, a replay has been arranged, which will air from Thursday,
February 8 at 1:30 p.m. (eastern) through February 15 at 8:00 p.m.  The replay
will be available on the Company's website or by dialing 719-457-0820 (access
code is 790268).

    Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) is one of the
leading hotel and leisure companies in the world with more than 725 properties
in 80 countries and 120,000 employees at its owned and managed properties.
With internationally renowned brands, Starwood is a fully integrated owner,
operator and franchiser of hotels and resorts including: St. Regis, The Luxury
Collection, Sheraton, Westin, Four Points and W brands, as well as Starwood
Vacation Ownership, Inc., one of the premier developers and operators of high
quality vacation interval ownership resorts. For more information, please
visit Starwood Hotels & Resorts at http://www.starwoodhotels.com.


SOURCE Starwood Hotels & Resorts Worldwide, Inc.




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    800-758-5804, ext. 443150
    CONTACT:
    Pam Sternad Styles of Starwood Hotels &
    Resorts Worldwide Inc., 914-640-8382