EXHIBIT 99.1 WESTIN HOTELS LIMITED PARTNERSHIP REPORTS CERTAIN PRELIMINARY FINANCIAL INFORMATION FOR SEPTEMBER 2003 White Plains, NY, October 10, 2003 - Westin Hotels Limited Partnership ("WHLP") today reported the following preliminary unaudited limited financial information for September 2003: WESTIN MICHIGAN AVENUE HOTEL: THREE MONTHS ENDED NINE MONTHS ENDED SEPTEMBER 30, 2003 SEPTEMBER 30, 2003 ------------------ ------------------ 2003 2002 2003 2002 ---- ---- ---- ---- Total operating revenues (in thousands) $ 12,821 $ 11,289 $ 33,559 $ 29,792 Revenue per available room $ 130.55 $ 117.96 $ 114.83 $ 102.39 Average daily rate $ 149.45 $ 147.96 $ 146.96 $ 148.56 Occupancy 87.4% 79.7% 78.1% 68.9% This financial information is being released on a preliminary unaudited basis in order to provide WHLP's limited partners with additional information with which to evaluate any current and potential unsolicited tender offers to purchase limited partnership units of WHLP. For further information please contact Phoenix American Financial Services, Inc., WHLP's investor relations manager, at 1-800-323-5888. # # # #