Starwood Hotels & Resorts Worldwide, Inc. Systemwide (1) Statistics - Same Store UNAUDITED Systemwide - Worldwide Systemwide - North America Systemwide - International 2011 2010 Variance 2011 2010 Variance 2011 2010 Variance TOTAL HOTELS REVPAR ($) 105.28 95.35 10.4% 99.73 89.75 11.1% 113.08 103.24 9.5% ADR ($) 165.22 156.56 5.5% 153.31 146.58 4.6% 182.87 170.77 7.1% Occupancy (%) 63.7% 60.9% 2.8 65.1% 61.2% 3.9 61.8% 60.5% 1.3 SHERATON REVPAR ($) 89.93 82.90 8.5% 83.26 75.65 10.1% 98.70 92.43 6.8% ADR ($) 145.31 137.48 5.7% 132.08 126.42 4.5% 163.47 151.76 7.7% Occupancy (%) 61.9% 60.3% 1.6 63.0% 59.8% 3.2 60.4% 60.9% (0.5) WESTIN REVPAR ($) 120.23 108.53 10.8% 116.75 105.98 10.2% 130.66 116.16 12.5% ADR ($) 179.64 170.42 5.4% 171.89 164.46 4.5% 204.24 189.09 8.0% Occupancy (%) 66.9% 63.7% 3.2 67.9% 64.4% 3.5 64.0% 61.4% 2.6 ST. REGIS/LUXURY COLLECTION REVPAR ($) 172.38 151.90 13.5% 194.70 168.46 15.6% 161.82 144.03 12.4% ADR ($) 277.23 259.84 6.7% 289.62 273.01 6.1% 270.65 253.06 7.0% Occupancy (%) 62.2% 58.5% 3.7 67.2% 61.7% 5.5 59.8% 56.9% 2.9 LE MERIDIEN REVPAR ($) 119.01 110.15 8.0% 162.32 142.16 14.2% 114.43 106.76 7.2% ADR ($) 183.95 177.87 3.4% 213.12 194.48 9.6% 180.25 175.76 2.6% Occupancy (%) 64.7% 61.9% 2.8 76.2% 73.1% 3.1 63.5% 60.7% 2.8 W REVPAR ($) 180.15 154.31 16.7% 170.77 148.96 14.6% 213.95 173.66 23.2% ADR ($) 251.53 236.18 6.5% 236.81 223.32 6.0% 306.30 287.47 6.6% Occupancy (%) 71.6% 65.3% 6.3 72.1% 66.7% 5.4 69.9% 60.4% 9.5 FOUR POINTS REVPAR ($) 69.49 61.89 12.3% 62.78 57.18 9.8% 82.13 70.72 16.1% ADR ($) 110.47 105.40 4.8% 100.53 98.83 1.7% 128.77 117.20 9.9% Occupancy (%) 62.9% 58.7% 4.2 62.4% 57.9% 4.5 63.8% 60.3% 3.5 ALOFT REVPAR ($) 67.41 53.99 24.9% 65.92 52.03 26.7% ADR ($) 109.01 102.43 6.4% 107.14 97.81 9.5% Occupancy (%) 61.8% 52.7% 9.1 61.5% 53.2% 8.3 (1) Includes same store owned, leased, managed, and franchised hotels Page 1
Starwood Hotels & Resorts Worldwide, Inc. Worldwide Hotel Results - Same Store UNAUDITED Systemwide (1) Company Operated (2) 2011 2010 Variance 2011 2010 Variance TOTAL WORLDWIDE REVPAR ($) 105.28 95.35 10.4% 119.69 108.19 10.6% ADR ($) 165.22 156.56 5.5% 184.08 173.95 5.8% Occupancy (%) 63.7% 60.9% 2.8 65.0% 62.2% 2.8 NORTH AMERICA REVPAR ($) 99.73 89.75 11.1% 123.11 110.09 11.8% ADR ($) 153.31 146.58 4.6% 180.36 171.61 5.1% Occupancy (%) 65.1% 61.2% 3.9 68.3% 64.2% 4.1 EUROPE REVPAR ($) 113.44 106.02 7.0% 125.04 117.77 6.2% ADR ($) 199.04 190.97 4.2% 212.91 207.63 2.5% Occupancy (%) 57.0% 55.5% 1.5 58.7% 56.7% 2.0 AFRICA & MIDDLE EAST REVPAR ($) 127.95 133.62 (4.2%) 128.84 134.69 (4.3%) ADR ($) 199.77 190.09 5.1% 202.10 191.94 5.3% Occupancy (%) 64.0% 70.3% (6.3) 63.8% 70.2% (6.4) ASIA PACIFIC REVPAR ($) 111.23 94.53 17.7% 109.75 91.33 20.2% ADR ($) 173.09 155.49 11.3% 172.63 154.11 12.0% Occupancy (%) 64.3% 60.8% 3.5 63.6% 59.3% 4.3 LATIN AMERICA REVPAR ($) 95.75 82.05 16.7% 101.08 85.43 18.3% ADR ($) 154.16 143.40 7.5% 161.89 154.57 4.7% Occupancy (%) 62.1% 57.2% 4.9 62.4% 55.3% 7.1 (1) Includes same store owned, leased, managed, and franchised hotels (2) Includes same store owned, leased, and managed hotels Page 2
Starwood Hotels & Resorts Worldwide, Inc. Owned Hotel Results - Same Store (1) UNAUDITED WORLDWIDE NORTH AMERICA INTERNATIONAL 2011 2010 Variance 2011 2010 Variance 2011 2010 Variance TOTAL HOTELS REVPAR ($) 132.37 54 Hotels 119.37 10.9% 134.14 27 Hotels 123.81 8.3% 129.82 27 Hotels 112.98 14.9% ADR ($) 197.33 191.11 3.3% 192.81 186.55 3.4% 204.46 198.77 2.9% Occupancy (%) 67.1% 62.5% 4.6 69.6% 66.4% 3.2 63.5% 56.8% 6.7 Total Revenue 351,275 326,078 7.7% 210,074 198,986 5.6% 141,201 127,092 11.1% Total Expenses 305,803 287,229 (6.5%) 186,150 179,470 (3.7%) 119,653 107,759 (11.0%) BRANDED HOTELS REVPAR ($) 140.61 47 Hotels 125.68 11.9% 150.49 20 Hotels 137.28 9.6% 129.82 27 Hotels 112.98 14.9% ADR ($) 203.70 195.49 4.2% 203.10 193.10 5.2% 204.46 198.77 2.9% Occupancy (%) 69.0% 64.3% 4.7 74.1% 71.1% 3.0 63.5% 56.8% 6.7 Total Revenue 320,535 295,526 8.5% 179,333 168,434 6.5% 141,201 127,092 11.1% Total Expenses 271,765 253,151 (7.4%) 152,112 145,392 (4.6%) 119,653 107,759 (11.0%) (1) Hotel Results exclude 2 hotels sold and 9 hotels without comparable results during 2011 & 2010 * Revenues & Expenses above are represented in '000's Page 3
Management Fees, Franchise Fees and Other Income UNAUDITED ($ millions) Worldwide 2011 2010 $ Variance % Variance Management Fees: Base Fees 67 60 7 11.7% Incentive Fees 30 27 3 11.1% Total Management Fees 97 87 10 11.5% Franchise Fees 43 35 8 22.9% Total Management & Franchise Fees 140 122 18 14.8% Other Management & Franchise Revenues (1) 32 29 3 10.3% Total Management & Franchise Revenues 172 151 21 13.9% Other 5 2 3 n/m Management Fees, Franchise Fees & Other Income 177 153 24 15.7% (1) Other Management and Franchise Revenues includes the amortization of deferred gains of approximately $21 million in 2011 and $20 million in 2010 resulting from the sales of hotels subject to long-term management contracts and termination fees. n/m = not meaningful Page 4
Vacation Ownership & Residential Revenues and Expenses UNAUDITED ($ millions) 2011 2010 $ Variance % Variance Originated Sales Revenues (1) -- Vacation Ownership Sales 82 77 5 6.5% Other Sales and Services Revenues (2) 66 62 4 6.5% Deferred Revenues -- Percentage of Completion - - - 0.0% Deferred Revenues -- Other (3) (1) (8) 7 87.5% Vacation Ownership Sales and Services Revenues 147 131 16 12.2% Residential Sales and Services Revenues 6 2 4 n/m Total Vacation Ownership & Residential Sales and Services Revenues 153 133 20 15.0% Originated Sales Expenses (4) -- Vacation Ownership Sales 58 49 (9) (18.4%) Other Expenses (5) 48 45 (3) (6.7%) Deferred Expenses -- Percentage of Completion - - - 0.0% Deferred Expenses -- Other 3 6 3 50.0% Vacation Ownership Expenses 109 100 (9) (9.0%) Residential Expenses 2 1 (1) (100.0%) Total Vacation Ownership & Residential Expenses 111 101 (10) (9.9%) (1) Timeshare sales revenue originated at each sales location before deferrals of revenue for U.S. GAAP reporting purposes (2) Includes resort income, interest income, gain on sale of notes receivable, and miscellaneous other revenues (3) Includes deferral of revenue for contracts still in rescission period, contracts that do not yet meet the requirements of ASC 978-605-25 and provision for loan loss (4) Timeshare cost of sales and sales & marketing expenses before deferrals of sales expenses for U.S. GAAP reporting purposes (5) Includes resort, general and administrative, and other miscellaneous expenses Note: Deferred revenue is calculated based on the Percentage of Completion ("POC") of the project. Deferred expenses, also based on POC, include product costs and direct sales and marketing costs only. Indirect sales and marketing costs are not deferred per ASC 978-720-25 and ASC 978-340-25. n/m = not meaningful Page 5
Hotels Without Comparable Results & Other Selected Items As of March 31, 2011 UNAUDITED ($ millions) Properties without comparable results in 2011 and 2010: Revenues and Expenses Associated with Assets Sold in 2011 and 2010: (1) Property Location Sheraton Steamboat Resort Steamboat Springs, CO Q1 Q2 Q3 Q4 Full Year Westin Peachtree Plaza Atlanta, GA Hotels Sold in 2010: W New Orleans - French Quarter New Orleans, LA 2010 The Westin St. John Resort St. John, Virgin Islands Revenues $ 8 $ 3 $ 7 $ - $ 18 St. Regis Osaka Osaka, Japan Expenses (excluding depreciation) $ 6 $ 4 $ 5 $ - $ 15 W London Leicester Square London, England Grand Hotel, Florence Florence, Italy Hotels Sold in 2011: Sheraton Kauai Koloa, HI 2011 The Westin Gaslamp Quarter San Diego, CA Revenues $ - $ - $ - $ - $ - Expenses (excluding depreciation) $ - $ - $ - $ - $ - Properties sold in 2011 and 2010: 2010 Property Location Revenues $ - $ - $ - $ - $ - W New York - The Court & Tuscany New York, NY Expenses (excluding depreciation) $ - $ - $ - $ - $ - St. Regis Aspen Aspen, CO (1) Results consist of 1 hotel sold in 2010. These amounts are included in the revenues and expenses from owned, leased and consolidated joint venture hotels in 2010. These amounts do not include revenues and expenses from the W New York - The Court & Tuscany, which were reclassified to discontinued operations. Page 6
Capital Expenditures 2011 UNAUDITED ($ millions) Maintenance Capital Expenditures: (1) Owned, Leased and Consolidated Joint Venture Hotels 22 Corporate/IT 18 Subtotal 40 Vacation Ownership Capital Expenditures: (2) Net capital expenditures for inventory (excluding St.Regis Bal Harbour) (16) Net capital expenditures for inventory - St.Regis Bal Harbour 32 Subtotal 16 Development Capital 33 Total Capital Expenditures 89 (1) Maintenance capital expenditures include improvements, renewals and extraordinary repairs that extend the useful life of the asset. (2) Represents gross inventory capital expenditures of $37 in the three months ended March 31, 2011, less cost of sales of $21 in the three months ended March 31, 2011. Page 7
Starwood Hotels & Resorts Worldwide, Inc. 2011 Divisional Hotel Inventory Summary by Ownership by Brand* As of March 31, 2011 NAD EAME LAD ASIA Total Hotels Rooms Hotels Rooms Hotels Rooms Hotels Rooms Hotels Rooms Owned Sheraton 6 3,528 4 705 5 2,713 2 821 17 7,767 Westin 5 2,849 3 650 3 902 1 273 12 4,674 Four Points 2 327 - - - - - - 2 327 W 7 2,427 2 665 - - - - 9 3,092 Luxury Collection 1 643 7 828 1 180 - - 9 1,651 St. Regis 2 489 1 161 - - 1 160 4 810 Aloft 2 272 - - - - - - 2 272 Element 1 123 - - - - - - 1 123 Other 7 2,594 - - - - - - 7 2,594 Total Owned 33 13,252 17 3,009 9 3,795 4 1,254 63 21,310 Managed & UJV Sheraton 39 26,743 62 18,875 15 2,942 59 21,335 175 69,895 Westin 54 28,259 12 3,569 1 259 26 8,860 93 40,947 Four Points 1 171 10 1,971 4 517 13 4,274 28 6,933 W 22 6,537 2 577 2 433 6 1,438 32 8,985 Luxury Collection 4 1,648 20 3,924 7 290 5 1,464 36 7,326 St. Regis 9 1,811 1 93 2 309 5 1,171 17 3,384 Le Meridien 4 607 53 13,604 - - 24 6,846 81 21,057 Aloft - - 2 555 - - 2 431 4 986 Other 1 773 1 - - - - - 2 773 Total Managed & UJV 134 66,549 163 43,168 31 4,750 140 45,819 468 160,286 Franchised Sheraton 151 45,243 29 6,814 8 2,040 15 6,421 203 60,518 Westin 58 18,628 6 2,657 2 396 8 2,231 74 23,912 Four Points 103 16,355 11 1,542 8 1,276 7 1,227 129 20,400 Luxury Collection 7 1,553 15 2,029 2 248 8 2,260 32 6,090 St. Regis - - 1 133 - - - - 1 133 Le Meridien 7 2,007 5 1,455 2 324 3 714 17 4,500 Aloft 40 5,644 - - - - 2 301 42 5,945 Element 8 1,309 - - - - - - 8 1,309 Total Franchised 374 90,739 67 14,630 22 4,284 43 13,154 506 122,807 Systemwide Sheraton 196 75,514 95 26,394 28 7,695 76 28,577 395 138,180 Westin 117 49,736 21 6,876 6 1,557 35 11,364 179 69,533 Four Points 106 16,853 21 3,513 12 1,793 20 5,501 159 27,660 W 29 8,964 4 1,242 2 433 6 1,438 41 12,077 Luxury Collection 12 3,844 42 6,781 10 718 13 3,724 77 15,067 St. Regis 11 2,300 3 387 2 309 6 1,331 22 4,327 Le Meridien 11 2,614 58 15,059 2 324 27 7,560 98 25,557 Aloft 42 5,916 2 555 - - 4 732 48 7,203 Element 9 1,432 - - - - - - 9 1,432 Other 8 3,367 1 - - - - - 9 3,367 Vacation Ownership 13 6,618 - - 1 382 - - 14 7,000 Total Systemwide 554 177,158 247 60,807 63 13,211 187 60,227 1,051 311,403 *Includes Vacation Ownership properties Page 8
Vacation Ownership Inventory Pipeline As of March 31, 2011 UNAUDITED # Resorts # of Units (1) In In Active Pre-sales/ Future Total at Brand Total (2) Operations Sales Completed (3) Development (4) Capacity (5),(6) Buildout Sheraton 7 7 6 3,079-712 3,791 Westin 9 9 9 1,463 99 43 1,605 St. Regis 2 2-63 - - 63 The Luxury Collection 1 1-6 - - 6 Unbranded 3 3 1 124-1 125 Total SVO, Inc. 22 22 16 4,735 99 756 5,590 Unconsolidated Joint Ventures (UJV's) 1 1 1 198 - - 198 Total including UJV's 23 23 17 4,933 99 756 5,788 Total Intervals Including UJV's (7) 256,516 5,148 39,312 300,976 (1) Lockoff units are considered as one unit for this analysis. (2) Includes resorts in operation, active sales or future development. (3) Completed units include those units that have a certificate of occupancy. (4) Units in Pre-sales/Development are in various stages of development (including the permitting stage), most of which are currently being offered for sale to customers. (5) Based on owned land and average density in existing marketplaces (6) Future units indicated above include planned timeshare units on land owned by the Company or applicable UJV that have received all major governmental land use approvals for the development of timeshare. There can be no assurance that such units will in fact be developed and, if developed, the time period of such development (which may be more than several years in the future). Some of the projects may require additional third-party approvals or permits for development and build out and may also be subject to legal challenges as well as a commitment of capital by the Company. The actual number of units to be constructed may be significantly lower than the number of future units indicated. (7) Assumes 52 intervals per unit. Page 9