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Starwood to Operate Luxury Condo

The Westin Trillium House To Be Located In The Heart Of The Newly Developed Village At Blue Mountain
Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT), has completed an agreement with Intrawest Corporation (NYSE:IDR; TSX:ITW) to operate Intrawest`s new 222-suite luxury condominium-hotel under the Westin flag in Ontario, Canada. The Westin Trillium House will be situated in the heart of the newly developed 32-acre resort known as the Village at Blue Mountain, and will join three existing condominium-hotel properties. Blue Mountain, Ontario`s preeminent ski and golf resort area, is located 70 minutes north of Toronto and is a popular year-round destination.

The Westin Trillium House, slated to open its doors in the summer of 2005, will be situated at the base of the Blue Mountain ski hills and will border a three-acre millpond, giving it a unique ski-in, ski-out, lakeside address. In addition to the 222 self-contained suites, the property will feature 10,000 square feet of premium meeting space and will enjoy convenient access to an adjoining indoor/outdoor aquatic center. Its design was inspired by the grand Georgian Bay lakeside lodges of the past.

“The Westin Trillium House will be a terrific addition to our global portfolio,” said Sue Brush, senior vice president, Westin Hotels & Resorts. “We look forward to bringing Westin`s signature services and innovations, including the Heavenly Bed(R) and Heavenly Bath(R) to this luxury resort development.”

This highly anticipated condominium-hotel represents the latest real estate opportunity in the Village at Blue for potential homeowners. For more information contact The Village at Blue Mountain real estate office at 1-888-696-2583 or visit the website at www.thevillageatblue.com

Intrawest Corporation (IDR:NYSE; ITW:TSX) is the world`s leading developer and operator of village-centered resorts. The company owns or controls 10 mountain resorts, including Whistler Blackcomb, North America`s most popular mountain resort. Intrawest also owns Sandestin Golf and Beach Resort in Florida and has a premier vacation ownership business, Club Intrawest. The Company is developing additional resort villages at six resorts in North America and Europe. The Company has a 45 per cent interest in Alpine Helicopters Ltd., owner of Canadian Mountain Holidays, the largest heli-skiing operation in the world. Intrawest is headquartered in Vancouver, British Columbia and is located on the World Wide Web at www.intrawest.com

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Westin Hotels & Resorts, with 123 hotels and resorts in 30 countries and territories, is owned by Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) and was voted the number one upper-upscale hotel brand for three years in Business Travel News` “Annual U.S. Hotel Chain Survey.” Starwood Hotels & Resorts is one of the leading hotel and leisure companies in the world with more than 740 properties in more than 80 countries and 105,000 employees at its owned and managed properties. With internationally renowned brands, Starwood is a fully integrated owner, operator and franchisor of hotels and resorts including: St. Regis, The Luxury Collection, Sheraton, Westin, Four Points by Sheraton and W Hotels, as well as Starwood Vacation Ownership, Inc., one of the premier developers and operators of high quality vacation interval ownership resorts. For more information visit www.westin.com

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