Starwood Signs Deal for New Sheraton in Istanbul
Thursday March 6th, 2014 - 9:36AM BG
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ISTANBUL—Starwood Hotels & Resorts Worldwide, Inc., has signed an agreement with Cevahir YApi Sanayi Turizm ve Ticaret A.S. to open a new Sheraton hotel here.
The Sheraton Istanbul Atasehir, which is expected to open by 2015, will feature 160 guestrooms and will occupy the top section of a new multi-purpose building from the 18th to 27th floors.
Developed by Varyap Meridian Otel & Ofis, the hotel is designed by international architectural firm RMJM together with Istanbul-based designer Kreatif Design.
Tags: Sheraton • Istanbul • Hospitality • Brands • Construction/Renovation •
The theme of this year’s ALIS conference was “Don’t Worry, Be Happy.” But, lets face it, there are always going to be some people who aren’t happy unless they are worried about something—whether it’s the Fed potentially raising interest rates or that the price of oil is now too low, threatening to cripple the economies of some foreign nations.