Nine of the new resorts will open in China, and the other will open in Indonesia. With these new additions, Sheraton will boast the largest portfolio of resorts under one brand in the four and five star category.
“The Sheraton resorts portfolio is experiencing phenomenal growth fueled by the development boom inChina and other dynamic emerging markets across Asia Pacific and the Middle East,” said Hoyt Harper, global brand leader for Sheraton Hotels & Resorts. “Part of our $5 billion global growth strategy, these new openings in Bali, Sharjah, Yantai and nine more destinations add even more luster to our expanding resorts portfolio.”
“The surge in new Sheraton resort openings in Asia Pacific underscores the resounding popularity of the brand in this dynamic market, where Starwood continues to lengthen its lead as the region’s largest global hotel operator,” said Miguel Ko, Chairman and President of Starwood’s Asia-Pacific Division. “Already one of the most well-established global brands in Asia, Sheraton is poised for even more growth in the resort segment over the next decade, fueled by the projected surge of inbound and outbound travel to Asia.”
Sheraton currently boasts a portfolio of nearly 60 resorts in key destinations around the world including several award-winning properties such as the Sheraton Maui, Sheraton Wildhorse Pass, Sheraton Maldives, and more.
New Sheraton Resorts Opening before the end of 2012:
