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Starwood Hotels & Resorts Expands Presence in Australia with the Signing of Four Points by Sheraton Parramatta

SYDNEY--(BUSINESS WIRE)--POINT 1: Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced that it has signed an agreement with Sydney based developer, JL Parramatta Pty Ltd to open Four Points by Sheraton Parramatta in the cosmopolitan city of Sydney in Australia, Located at 89 George Street in Parramatta’s Central Business District, the 271-room new build hotel is scheduled to open in 2018.