March 31, 2008

Sheraton Launches Agressive Renovation Programme

Starwood Hotel and Resorts’ largest brand Sheraton Hotels and Resorts has launched an aggressive expansion and renovation programme across much of its North American portfolio. Sheraton will spend US$1.3 billion on renovating 50,000 rooms and 100 lobbies, upgrading close to half of its

By cms admin

Starwood Hotel and Resorts’ largest brand Sheraton Hotels and Resorts has launched an aggressive expansion and renovation programme across much of its North American portfolio.

Sheraton will spend US$1.3 billion on renovating 50,000 rooms and 100 lobbies, upgrading close to half of its North American portfolio.

The brand will also spend US$400 million on brand initiatives and US$2 billion on opening new hotels.

Sheraton operates 406 properties in 72 countries.