Sheraton Carlsbad Begins Construction

Grand Pacific Resorts, Inc. and Starwood Hotels & Resorts Worldwide, Inc. announce the beginning of construction of the Sheraton Carlsbad Resort. Situated on 15 acres, the Sheraton Carlsbad will be approximately 30 minutes north of San Diego and one hour south of Anaheim. The resort is scheduled to open its first phase in early 2008. It will have 129 guest rooms, including 13 suites, and 25,000 square feet of meeting and conference facilities. More than 200 additional guest rooms will be added in subsequent phases. For more information visit [www.starwoodhotels.com].

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