Summary of STARWOOD HOTEL & RESORTS WORLDWIDE, INC

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(d) Election of New Director

On January 2, 2013, Starwood Hotels & Resorts Worldwide, Inc. (the "Company") announced that the board of directors of the Company (the "Board") elected Aylwin Lewis as a director of the Company, effective January 1, 2013. The nomination and selection of Mr. Lewis was made without any arrangements or understandings between Mr. Lewis and the Company, its shareholders, or any third party.

It is expected that Mr. Lewis will serve on the Company's Audit Committee.

There are no related party transactions of the kind described in Item 404(a) of Regulation S-K in which Mr. Lewis was a participant.

For serving on the Company's Board, Mr. Lewis will be compensated for his service in the same manner as the Company's other non-employee directors.

Mr. Lewis is expected to become a party to an Indemnification Agreement with the Company on the same basis as the Company's other directors, in the form filed with the Company's Current Report on Form 8-K filed with the SEC on November 25, 2009. There are no other contractual arrangements between Mr. Lewis and the Company.

The press release is attached as Exhibit 99.1 and incorporated herein by reference.