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 •
When you hear all the lodging industry projections for the months and years to come, much of the robust growth is forecast to be the result of the expected influx of travelers from China. In what could only be seen as good news for the industry, that expectation moved a little closer to reality when President Obama signed a visa waiver extension for Chinese travelers earlier this month.