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STARWOOD HOTEL & RESORTS WORLDWIDE, INC FILES (8-K) Disclosing Other Events, Financial Statements and Exhibits

May 1, 2014

Item 8.01 Other Events.

On May 1, 2014, Starwood Hotels & Resorts Worldwide, Inc. (the "Company") declared a regular quarterly dividend of $0.35 per share. The regular quarterly dividend will be paid on June 27, 2014 to stockholders of record on June 6, 2014. In addition, the Company has declared a special dividend of $0.65 per share. The special dividend will also be paid on June 27, 2014 to stockholders of record on June 6, 2014. The Company intends to continue returning cash to stockholders through regular dividends, special dividends and stock buybacks and intends to utilize the approximiately $614 million that remains available under the Company's share repurchase authorization by the end of 2014. The press release is attached as Exhibit 99.1 and incorporated herein by reference.

Cautionary Statements

This Current Report on Form 8-K includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct.

Important factors that could cause actual results to differ materially from those discussed in, or implied by, the forward-looking statements are disclosed in the "Risk Factors" contained in the Company's 2013 Annual Report on Form 10-K and other periodic reports filed with the Securities and Exchange Commission. All forward-looking statements are expressly qualified in their entirety by such factors. The Company does not undertake any duty to update any forward-looking statement except as required by law.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

99.1 Press release dated May 1, 2014


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