Starwood Vacation Ownership, Inc., a division of Starwood Hotels & Resorts Worldwide, Inc. expects the first phase of the only hotel-branded vacation ownership resort in Cancun to be ready for occupancy in summer of 2008.  The Company currently has three vacation ownership and fractional resorts under development in Mexico.

The first phase of the Westin Lagunamar Ocean Resort Villas consists of four eight-story buildings, a reception building, sales gallery and various amenities including a lavish swimming pool and Westin workout fitness facility.  This phase will include 78 two-bedroom lockoff villas.  Upon completion, the resort will have a total of 296 two- bedroom lockoff villas. (source)

In addition to their Hawaii project, Starwood's Mexico projects are impressive.  Starwood holds over 890 properties in 100 countries. This will continue to expand Starwood owner's options within their own network. 

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