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Attention Business Editors:

Canada Says Aloha to aloft
Starwood Hotels' New Select-Service Hotel Brand, Created by the W Hotels
Team, To Open Properties in Toronto and Dorval

TORONTO, May 16 /CNW/ - Starwood Hotels & Resorts Worldwide, Inc.
(NYSE:HOT) announced today at the Canadian Hotel Investment Conference, plans
for two aloft hotels in Canada. These aloft properties, part of Starwood's new
select service hotel brand, will be located in downtown Toronto and in Dorval
at the Montreal Airport, and will be franchised under long-term license
agreements with Starwood.
In the same way W Hotels broke through the clutter of conformity in the
upscale hotel arena, aloft - A Vision of W Hotels will raise the bar in the
tired select-service category, delivering urban-inspired, loft-like guest
rooms, enhanced technology services, landscaped outdoor spaces for socializing
day and night and an energetic lounge scene to nearly 500 markets worldwide by
2012.
"aloft has set out to eliminate the trials of travel by incorporating
style, convenience and a social environment - similar to the atmosphere in W's
Living Rooms - to an otherwise tired, lonely experience," said Brian
McGuinness, VP, aloft brand development. "We're excited about moving into
Canada - clearly aloft has made a strong connection with the development
community in North America and around the world."
aloft guest rooms will feature 9-foot ceilings, oversized windows to
maximize natural light and create a residential feel, ultra-comfortable beds,
well-designed workspaces, and wireless access throughout the property. The
hotels will also feature re:fuel, a gourmet grab & go food and beverage
concept featuring signature sweet, savoury and healthy foods, 24 hours a day,
as well as a destination bar for unwinding, aptly named w xyz.
The aloft Toronto will command a superb address in the dynamic Niagara
St. and Portland St. enclave. The hotel will feature 250 guest rooms in a
brand new construction high-rise concept. The site, adjacent to picturesque
Victoria Memorial Square Park, backs onto Front St. West, with the arrival
court and main entrance on Niagara St. The area is fast becoming known for
lifestyle offerings, including some of the city's best restaurants and hippest
residential projects. The developer, owner/operator is Manga Hotels
International, which is owned by Dave Toor. Construction is slated to begin
mid-2007, with a projected opening in late 2008.
The aloft Dorval will offer travellers at Pierre Elliot Trudeau
International Airport a refreshing new place to stay. The new hotel, featuring
136 loft-like guest rooms, will be located right at the entrance to the
bustling airport. The developer and owner/operator is the Silver Hotel Group,
owned by Deepak Ruparell. Construction is slated to start in late 2006, with a
projected opening some 12 - 18 months later.
"We are thrilled to be bringing the aloft concept to life in this
vibrant, hip area of Toronto," said Dave Toor, President & CEO, Manga Hotels
International. "aloft hotels brings a unique sense of style and service to our
guests that will bring something fresh and exciting to the market. It is great
to be working with the team at Starwood as they continue to raise the bar."
"It is very exciting for us to have the opportunity to be on board as
this new brand takes off in Canada," said Deepak Ruparell, President, Silver
Hotel Group. "We believe that aloft hotels will offer travellers a new twist
on their hotel stay, offering a stylish, refreshing alternative to what's
currently out there."
Each aloft hotel will incorporate W's heritage: a totally sensory
experience, design integrity and attention to materials as much as to details.
Design visionary David Rockwell and the Rockwell Group, whose award-winning
projects include the Kodak Theater, Nobu and the W Union Square, collaborated
on aloft's design.

About Manga Hotels International:
Manga Hotels is a wholly owned Canadian hospitality and development
company lead by Dave Toor, President and CEO. The company is focused on growth
in new build quality hotels franchised with major brands by Marriott, Hilton,
Intercontinental Hotel Group.

About Silver Hotel Group:
Silver Hotel Group (SHG) is one of the largest privately owned hotel
investment, development, and management companies in Canada. The group has
been an active participant in the hospitality industry in Canada and the U.S.
for over 30 years. SHG's has focused and excelled in all areas involving hotel
investments including single assets, portfolio acquisitions, note sales and
development. SHG's extensive market knowledge, in-depth management expertise,
and diverse brand relations combined with its core management practices and
strategic approaches optimize hotel performance and values. SHG's current
portfolio includes 16 hotels located in Canada and the U.S., and ranges from
internationally branded full and select service hotels to independent boutique
hotels.

About aloft:
Carrying the DNA of W Hotels, aloft hotels, Starwood's much-anticipated
new brand in the select-service hotel category, delivers stylish design,
accessible technology and a hip urban attitude to another outdated hotel
segment. Starwood anticipates the first aloft hotels to open in early 2007,
with 500 properties worldwide expected by 2012. Visit aloft hotels online at
www.alofthotels.com.

Starwood Hotels & Resorts Worldwide, Inc. is one of the leading hotel and
leisure companies in the world with approximately 850 properties in more than
95 countries and 145,000 employees at its owned and managed properties.
Starwood(R) Hotels is a fully integrated owner, operator and franchisor of
hotels and resorts with the following internationally renowned brands:
St. Regis(R), The Luxury Collection(R), Sheraton(R), Westin(R), Four Points(R)
by Sheraton, W(R), Le Méridien and the recently announced AloftSM. Starwood
Hotels also owns Starwood Vacation Ownership, Inc., one of the premier
developers and operators of high quality vacation interval ownership resorts.
For more information, please visit www.starwoodhotels.com.

(Note: This press release contains forward-looking statements within the
meaning of federal securities regulations. Forward-looking statements are not
guarantees of future performance or events and involve risks and uncertainties
and other factors that may cause actual results or events to differ materially
from those anticipated at the time the forward-looking statements are made.
These risks and uncertainties are presented in detail in our filings with the
Securities and Exchange Commission. Although we believe the expectations
reflected in such forward-looking statements are based upon reasonable
assumptions, we can give no assurance that our expectations will be attained
or that results and events will not materially differ. We undertake no
obligation to publicly update or revise any forward-looking statement, whether
as a result of new information, future events or otherwise.)



For further information: Press contacts: aloft hotels: Jack Yeaton,
(212) 242-9353; Starwood Hotels & Resorts: Ellen Gallo, (914) 640-8167;
Starwood Canada: Cynthia Bond, Dan Young, (416) 947-4827, (416) 947-4955
ext. 4458
 
That's very interesting. It would seem that the neighbourhood in question is about to become a destination. Does anyone know exactly where this hotel will be?
 
I wonder whether this is the old Artword Theatre site, as that venue seems to be undergoing demolition.

Alternatively, there is a big parking lot on the north-east corner of Portland and Front, which is a possibility.
 
I wonder whether this is the old Artword Theatre site, as that venue seems to be undergoing demolition.

That project is another Freed project I believe (what a real estate agent told me).

There is a large open piece of land beside the townhomes on niagara. There is a signage company in an older building that might get demo'ed to make room. The article said it would be connected to front street. I will take a picture of this spot, I know exactly the place.

I am going to get the lovely noise of construction for years to come! (currently live in Zed).
 
That's my guess too. Right beside 550 Front Street West.

The lot for the Sixty Loft sales office backs onto Niagara beside the townhomes. It would have to be that location because further west along Front Street would mean the lot isn't really adjacent to the park anymore...but rather more adjacent to the 20 Niagara lofts.

Man, that area is booming. I lived there for a couple of years when it was just Portland Park Village and 20 Niagara. That's why I only paid $180 per sq. ft. back in 1998 for a brand new condo! That's right, only $180,000 for 1000 sq. ft. plus only $5000 for parking!
 
Hopefully it won't be quite so suburban as the prototype in that brochure. Underground parking only please.
 
aloft

from CofA

560 Front Street West
14 storeys
386 units
44.5m high
 
Starwood's aloft Select Service Brand Will Franchise Two New
Build Hotels in Toronto and at Montreal's International Airport
.
TORONTO, May 16, 2006 - Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) announced today at the Canadian Hotel Investment Conference, plans for two aloft hotels in Canada. These aloft properties, part of Starwood's new select service hotel brand, will be located in downtown Toronto and in Dorval at the Montreal Airport, and will be franchised under long-term license agreements with Starwood.

In the same way W Hotels broke through the clutter of conformity in the upscale hotel arena, aloft - A Vision of W Hotels will raise the bar in the tired select-service category, delivering urban-inspired, loft-like guest rooms, enhanced technology services, landscaped outdoor spaces for socializing day and night and an energetic lounge scene to nearly 500 markets worldwide by 2012.

"aloft has set out to eliminate the trials of travel by incorporating style, convenience and a social environment - similar to the atmosphere in W's Living Rooms - to an otherwise tired, lonely experience," said Brian McGuinness, VP, aloft brand development. "We're excited about moving into Canada - clearly aloft has made a strong connection with the development community in North America and around the world."

aloft guest rooms will feature 9-foot ceilings, oversized windows to maximize natural light and create a residential feel, ultra-comfortable beds, well-designed workspaces, and wireless access throughout the property. The hotels will also feature re:fuel, a gourmet grab & go food and beverage concept featuring signature sweet, savoury and healthy foods, 24 hours a day, as well as a destination bar for unwinding, aptly named w xyz.

The aloft Toronto will command a superb address in the dynamic Niagara St. and Portland St. enclave. The hotel will feature 250 guest rooms in a brand new construction high-rise concept. The site, adjacent to picturesque Victoria Memorial Square Park, backs onto Front St. West, with the arrival court and main entrance on Niagara St. The area is fast becoming known for lifestyle offerings, including some of the city's best restaurants and hippest residential projects. The developer, owner/operator is Manga Hotels International, which is owned by Dave Toor. Construction is slated to begin mid-2007, with a projected opening in late 2008.

The aloft Dorval will offer travellers at Pierre Elliot Trudeau International Airport a refreshing new place to stay. The new hotel, featuring 136 loft-like guest rooms, will be located right at the entrance to the bustling airport. The developer and owner/operator is the Silver Hotel Group, owned by Deepak Ruparell. Construction is slated to start in late 2006, with a projected opening some 12 - 18 months later.

"We are thrilled to be bringing the aloft concept to life in this vibrant, hip area of Toronto," said Dave Toor, President & CEO, Manga Hotels International. "aloft hotels brings a unique sense of style and service to our guests that will bring something fresh and exciting to the market. It is great to be working with the team at Starwood as they continue to raise the bar."

"It is very exciting for us to have the opportunity to be on board as this new brand takes off in Canada," said Deepak Ruparell, President, Silver Hotel Group. "We believe that aloft hotels will offer travellers a new twist on their hotel stay, offering a stylish, refreshing alternative to what's currently out there."

Each aloft hotel will incorporate W's heritage: a totally sensory experience, design integrity and attention to materials as much as to details. Design visionary David Rockwell and the Rockwell Group, whose award-winning projects include the Kodak Theater, Nobu and the W Union Square, collaborated on aloft's design.

About Manga Hotels International:

Manga Hotels is a wholly owned Canadian hospitality and development company lead by Dave Toor, President and CEO. The company is focused on growth in new build quality hotels franchised with major brands by Marriott, Hilton, Intercontinental Hotel Group.

About Silver Hotel Group:

Silver Hotel Group (SHG) is one of the largest privately owned hotel investment, development, and management companies in Canada. The group has been an active participant in the hospitality industry in Canada and the U.S. for over 30 years. SHG's has focused and excelled in all areas involving hotel investments including single assets, portfolio acquisitions, note sales and development. SHG's extensive market knowledge, in-depth management expertise, and diverse brand relations combined with its core management practices and strategic approaches optimize hotel performance and values. SHG's current portfolio includes 16 hotels located in Canada and the U.S., and ranges from internationally branded full and select service hotels to independent boutique hotels.

About aloft:

Carrying the DNA of W Hotels, aloft hotels, Starwood's much-anticipated new brand in the select-service hotel category, delivers stylish design, accessible technology and a hip urban attitude to another outdated hotel segment. Starwood anticipates the first aloft hotels to open in early 2007, with 500 properties worldwide expected by 2012. Visit aloft hotels online at www.alofthotels.com.

Starwood Hotels & Resorts Worldwide, Inc. is one of the leading hotel and leisure companies in the world with approximately 850 properties in more than 95 countries and 145,000 employees at its owned and managed properties. Starwood(R) Hotels is a fully integrated owner, operator and franchisor of hotels and resorts with the following internationally renowned brands: St. Regis(R), The Luxury Collection(R), Sheraton(R), Westin(R), Four Points(R) by Sheraton, W(R), Le Méridien and the recently announced AloftSM. Starwood Hotels also owns Starwood Vacation Ownership, Inc., one of the premier developers and operators of high quality vacation interval ownership resorts. For more information, please visit www.starwoodhotels.com.

This press release contains forward-looking statements within the meaning of federal securities regulations. Forward-looking statements are not guarantees of future performance or events and involve risks and uncertainties and other factors that may cause actual results or events to differ materially from those anticipated at the time the forward-looking statements are made.
 
And its beside one of Toronto's ugliest stucco condos. It will be a welcomed addition.
 

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