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Starwood plans global expansion for Sheraton | theage.com.au
Starwood Hotels & Resorts Worldwide on Monday announced a global expansion of the Sheraton chain, its largest brand.
Starwood said Sheraton Hotels & Resorts would open 54 new hotels and add 20,000 new rooms by next year. Sheraton currently has 406 hotels and resorts in 71 countries.
The growth plan will include a $US2 billion investment in new hotels in North America in an effort to revitalize the brand.
This year, Starwood said, Sheraton will open a hotel every 12 days, in locations including Dallas, Denver, Minneapolis, Phoenix and Washington, as well as Ireland, Argentina, Egypt and China.