Starwood has sold Sheraton on the Park in Sydney, Australia to Sunshine Insurance Group for AUS$463.0 million. Starwood has completed over US $1.5 billion of hotel asset sales over the last three years. “We are pleased to advance our asset-light strategy with the sale of the iconic Sheraton on the Park hotel and look forward to working closely with SIG to ensure its continued success,” said Simon Turner, president of global development for Starwood.
The Sheraton Shenyang South City Hotel has opened its doors in the Hunnan New District of Shenyang, the capital city of Liaoning Province in northeast China representing Starwood’s vigorous expansion plan in China.
Starwood Hotels & Resorts and Majid Al Futtaim Properties have celebrated the opening of Sheraton Dubai Mall of the Emirates Hotel. With this opening, Starwood now operates 14 hotels in Dubai, representing the highest concentration of Starwood hotels in any individual city outside of New York.
Starwood Hotels & Resorts is planning to expand its Sheraton brand over the next 12 months with 30 planned openings, predominantly in the Asia Pacific region. Half of the new properties will open in China, lengthening Starwood’s lead as the largest upper-upscale global hotel operator in Asia Pacific.
Starwood Hotels & Resorts Worldwide, Inc. announced the opening of Sheraton Silver Spring Hotel, just north of downtown Washington, D.C.
Starwood Hotels & Resorts has announced the opening of the Sheraton Hartford South Hotel. The former Marriott hotel is undergoing a $6 million renovation and conversion project to meet Sheraton brand standards. The opening is part of the Sheraton brand’s strategic $5 billion expansion effort.
The Sheraton Jiaozhou Hotel has opened its doors in the new district of Jiaozhou, near Qingdao city in Shandong province. The development marks the opening of the first Sheraton branded hotel, as well as the first hotel managed by Starwood Hotels & Resorts in the region.
Sheraton Hotels & Resorts has debuted in Madrid with the opening of the Sheraton Madrid Mirasierra Hotel & Spa. The 180-room property is part of Starwood’s multi-billion expansion plan to open more than 60 Sheraton hotels around the world in the next three years.
Sheraton Social hour featuring Curated Wine Menus and Wine Tasting Events rolls-out to more than 240 Hotels around the World .
Starwood Hotels & Resorts has announced its largest brand, Sheraton Hotels, and its owners are investing more than $350 million to enhance its flagship properties around the world. Highlights include the Sheraton Grand Hotel & Spa in Edinburgh, Great Wall Sheraton Hotel Beijing, Sheraton Rio Hotel & Resort, and Sheraton New York Hotel & Towers.
BTN talks to Mounir Amer, General Manager, Sheraton Kuwait Hotel & Towers - Kuwait’s Leading Hotel 2012 at this years World Travel Awards Middle East Gala Ceremony in Dubai
Sheraton Hotels is investing more than $350 million to enhance its flagship properties around the world. The global hotel giant, which is owned by the Starwood group, will unveil several large-scale renovation projects including projects in New York, Australia and Edinburgh.