Starwood Hotels & Resorts Worldwide has announced that its largest brand, Sheraton Hotels, and its owners are investing more than $350 million to enhance its flagship properties around the world.
The global hotel giant will unveil several large-scale renovation projects this year including the $160 million renovation of the Sheraton New York Hotel & Towers, the multi-million dollar refurbishment effort of the Sheraton Grand Hotel & Spa in Edinburgh, and the $20 million renovation of the "grande dame" of Australia, the Sheraton Mirage Resort & Spa Gold Coast.
In addition, several Sheraton landmark hotels will kick-off multi-million dollar renovations this year, including the Sheraton Rio Hotel & Resort in Brazil, Sheraton Maria Isabel Hotel & Towers in Mexico City, and the Great Wall Sheraton Hotel Beijing, Sheraton Xian Hotel, Sheraton Chengdu Hotel and Sheraton Nanjing Hotel in China.
"We are delighted to follow our highly successful $6 billion brand-wide revitalization with a significant investment in several of our flagship properties," said Hoyt Harper, Global Brand Leader for Sheraton Hotels & Resorts. "As business and leisure travel continues to gain momentum, Sheraton is well positioned to meet the increased demand for high-caliber lodging with upgraded brand offerings and a line-up of freshly renovated landmark hotels in key cities across the globe."