Market Overview

Starwood Hotels Opens Sheraton Macao Hotel

Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today marked a new
milestone with the opening of Sheraton Macao Hotel, Cotai Central – the
largest hotel to open worldwide in 2012. At nearly 4,000 rooms, it is
the largest hotel in Starwood's global portfolio and the biggest hotel
to open in Macau. Consisting of two sleek towers overlooking the
dazzling Cotai Strip®development, the hotel is home to the
world's largest Sheraton Club Lounge, a main ballroom the size of more
than 11 basketball courts, more than 160,000 square feet of meeting
space, three signature restaurants, and three outdoor pools with
poolside cafes. The opening coincides with the 75th
anniversary of the Sheraton brand and widens Starwood's lead in Asia
Pacific, where it

See full press release

Posted-In: News Guidance Contracts Global

 

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