let’s rise · 2020-05-22 · westin photo caption the westin austin downtown, usa westin hotels...

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The Westin Austin Downtown, USA Westin Hotels & Resorts is the preeminent wellness brand in hospitality, with over 225 inspiring destinations and a unique brand positioning backed by a global macro trend with staying power. Westin serves as a partner in its guests’ well-being, empowering them to maintain and enhance their routines while on the road so they can be the best version of themselves while traveling. Through innovative, signature products and programs combined with instinctive service and intuitive design, Westin delivers on each guest’s every need, driving unmatched loyalty and industry-leading performance. Westin continues to grow strategically, with over 55 properties in the pipeline. Let’s Rise

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Page 1: Let’s Rise · 2020-05-22 · Westin photo caption The Westin Austin Downtown, USA Westin Hotels & Resorts is the preeminent wellness brand in hospitality, with over 225 inspiring

Westin photo caption

The Westin Austin Downtown, USA

Westin Hotels & Resorts is the preeminent wellness brand in hospitality, with over 225 inspiring destinations and a unique brand positioning backed by a global macro trend with staying power. Westin serves as a partner in its guests’ well-being, empowering them to maintain and enhance their routines while on the road so they can be the best version of themselves while traveling. Through innovative, signature products and programs combined with instinctive service and intuitive design, Westin delivers on each guest’s every need, driving unmatched loyalty and industry-leading performance. Westin continues to grow strategically, with over 55 properties in the pipeline.

Let’s Rise

Page 2: Let’s Rise · 2020-05-22 · Westin photo caption The Westin Austin Downtown, USA Westin Hotels & Resorts is the preeminent wellness brand in hospitality, with over 225 inspiring

With a distinct and contemporary point of view, Westin dominates its category by nearly every measure. Whether innovating from the ground up or revitalizing a property, owners are well equipped to produce a world-class property with robust returns. Experience the benefits of an established hotel brand enriched by a history of innovation, compelling promise and meaningful offerings delivered through passionate service culture.

MARRIOTTDEVELOPMENT.COM

As of December 31, 2018, there were 128 Westin hotels open and operating in North America (U.S. and Canada); of these, 82 were franchised. The data above reflects the performance of the 66 franchised Westin hotels open for 24 months as of December 31, 2018, for which Smith Travel Research, Inc. has data and which did not undergo material renovations or expansions during the 24 months preceding conversion.Of the 66 STR Included Franchised Hotels, 33 hotels or 50.0% achieved an average occupancy rate equal to or greater than 74.3%; 29 hotels or 43.9% achieved an average daily room rate equal to or greater than $186.37; 30 hotels or 45.5% achieved or exceeded the average RevPAR of $138.45; and 36 hotels or 54.6% achieved an average RevPAR Index equal to or greater than 106.9. There is no assurance you will do as well. OFFER AND SALE BY PROSPECTUS ONLY. See Item 19 of our Franchise Disclosure Document dated March 31, 2019, for additional details.

NORTH AMERICA PERFORMANCE

Occupancy: 74.3% Average Daily Rate: $186.37 RevPAR: $138.45 RevPAR Index: 106.9%Source: 2019 Franchise Disclosure Document

TARGET COMPETITORS

Hilton Hyatt

DISTRIBUTION (Q1 2020) UNITS ROOMS

WORLDWIDE OPEN 226 82,585

WORLDWIDE PIPELINE 57 16,186

NORTH AMERICA OPEN 131 53,370

NORTH AMERICA PIPELINE 14 3,811

The Westin Resort & Spa, Puerto Vallarta, Mexico The Westin Jakarta, Indonesia

The Westin Resort, Costa Navarino, Greece