Phase One to Feature 470 Condo-Hotel Units and Upscale Village

Orlando, FL - Intrawest Corporation (NYSE: IDR) (TSX: ITW) and Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today announced that they have signed an agreement to brand the first phase of The Village of Imagine as The Westin Imagine Orlando Residences.  Located across from the Orange County Convention Center in Orlando, Florida, The Westin Imagine Orlando Residences will be the area’s newest residential village condominiums providing luxury accommodations for both business and leisure travelers and easy access to the nation’s second largest convention center and the area’s renowned scenic, cultural and entertainment venues. Phase One, due to open in early 2008, will consist of 470 condominium suites and residences including the 256-unit Grand Imagine building that was released in December 2005.

“We are creating a lifestyle destination within central Florida that will attract people from around the world,” said Connie Wynne, regional vice president for Intrawest. “We chose Westin because of its internationally recognizable name and reputation for outstanding hospitality experiences.”

“We are very proud to be partnering with Intrawest on our fourth location after The Westin Trillium House at Blue Mountain, Le Westin Resort & Spa at Tremblant and the soon-to-open Westin Monache at Mammoth Mountain,” said Sue Brush, senior vice president, Westin Hotels & Resorts.  “Westin’s new brand positioning is centered on Renewal –  offering our guests the services, products and amenities that will help them rejuvenate, renew and restore their mind, body and spirit. We look forward to pampering travelers visiting central Florida so they will feel better when they check out than when they checked in.” 

Phase One of The Village of Imagine will consist of suites, and one and two bedroom residences. All two bedroom residences will be equipped with fully appointed kitchens. Guests of The Westin Imagine Orlando Residences will enjoy all of the signature services and amenities that travelers have come to expect of Westin, including Westin’s Heavenly Bed® and Heavenly Bath® and WestinWORKOUT® Powered by Reebok fitness facility. The Westin Imagine Orlando will also be part of the main Village corridor that will provide guests with upscale dining, shopping, swimming pools and an event lawn area designated for nightly activities.

Information on The Westin Imagine Orlando Residences is now available at The Village of Imagine Discovery Center located on Universal Boulevard.  Completion of the first phase at The Village of Imagine is estimated to be early 2008 to coincide with the busy tradeshow season.

About The Village of Imagine
The Village of Imagine is owned by Orlando Village Development Limited Partnership, an Intrawest joint venture partnership.  When completed, this 30-acre master-planned resort village will feature approximately 1,000 condominium hotel residences showcasing a mixture of architectural styles authentic to the state, while devoting ample space to native landscaping, abundant water features, natural walkways and preserved green areas.   Located in the heart of central Florida and next to the Orange County Convention Center, The Village of Imagine will provide over 40 upscale eateries and boutique shops for business travelers to dine and unwind, a venue for destination travelers to marvel in the one-of-a-kind retail concepts and a friendly gathering place for locals who seek an exceptional level of service and attention.  For more information on residential and retail opportunities visit www.westinimagineresidences.com.

About Intrawest Corporation
Intrawest Corporation (IDR:NYSE; ITW:TSX) is a world leader in destination resorts and adventure travel. The company has interests in 10 resorts at North America’s most popular mountain destinations, including Whistler Blackcomb, a host venue for the 2010 Winter Olympic and Paralympic Games.  Intrawest owns Canadian Mountain Holidays, the largest heli-skiing operation in the world, and an interest in Abercrombie & Kent, the world leader in luxury adventure travel.  The Intrawest network also includes Sandestin Golf and Beach Resort in Florida and Club Intrawest – a private resort club with nine locations throughout North America.  Intrawest develops real estate at its resorts and at other locations across North America and in Europe.  Intrawest is headquartered in Vancouver, British Columbia.  For more information, visit www.intrawest.com.

About Westin Hotels & Resorts
Westin Hotels & Resorts, with 121 hotels and resorts in 31 countries and territories, is owned by Starwood Hotels & Resorts Worldwide, Inc. and was ranked “Highest in Guest Satisfaction Among Upscale Hotels Chains” in the J.D. Power and Associates’ 2004 North America Hotel Guest Satisfaction StudySM and voted Best Domestic Hotel Chain by Global Traveler Magazine.  Starwood Hotels & Resorts Worldwide, Inc. is one of the leading hotel and leisure companies in the world with approximately 850 properties in more than 95 countries and 145,000 employees at its owned and managed properties. Starwood® Hotels is a fully integrated owner, operator and franchisor of hotels and resorts with the following internationally renowned brands: St. Regis®, The Luxury Collection®, Sheraton®, Westin®, Four Points® by Sheraton, W®, Le Méridien® and the recently announced AloftSM. Starwood Hotels also owns Starwood Vacation Ownership, Inc., one of the premier developers and operators of high quality vacation interval ownership resorts. For more information, please visit www.starwoodhotels.com.

MEDIA CONTACTS:

John Riddle / Bennett & Company
407-478-4040 or john@bennettandco.com

Ellen Gallo / Starwood Hotels & Resorts Worldwide, Inc.
914-640-8167 or ellen.gallo@starwoodhotels.com

INTRAWEST CONTACT:
Tim McNulty / Intrawest Corporation
604-623-6620 or tmcnulty@intrawest.com

Statements contained in this release that are not historical facts are forward-looking statements that involve risks and uncertainties. Intrawest's actual results could differ materially from those expressed or implied by such forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, Intrawest’s ability to implement its business strategies, seasonality, weather conditions, competition, general economic conditions, currency fluctuations and other risks detailed in the company's filings with the Canadian securities regulatory authorities and the U.S. Securities and Exchange Commission.