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Sheraton Brand Invests Millions of Dollars |
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Monday, June 11, 2018
New York.- The Marriott International group expects investments close to 500 million dollars to renovate the Sheraton Hotels and Resorts brand, the third largest in its portfolio.
The modernization of this denomination constitutes a priority for the chain after the merger with Starwood was finalized in later 2016.
In that regard, around 25 percent of the Sheraton establishments worldwide are expected to benefit from the renovations.
Over the past two years, the company has signed agreements to incorporate at least 5,000 rooms, in addition to raising the market share that it serves.
Sheraton has some 450 hotels, in addition to 80 additional projects, and is present in seven dozens of countries and territories.
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