Sheraton to Open in Dallas/Ft. Worth Area
Thursday October 17th, 2013 - 9:30AM PB
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MCKINNEY, TX—Expanding its portfolio in the Dallas/Ft. Worth metropolitan area, Sheraton will open a new 186-room hotel here, which will be connected to a 20,000-sq.-ft. events center. Both properties are slated to open in February 2015.
The City of McKinney and the McKinney Community Development Corp. (MCDC) are teaming up with Champ Hospitality and Beck Development to build the $38-million Sheraton McKinney Hotel.
“We look forward to introducing the Sheraton brand to McKinney, one of the fastest growing cities in the United States. After spending $6 billion to revitalize the brand, Sheraton is now in the midst of the largest growth spurt in its history, with $8 billion invested in new hotel developments over the next three years,” stated Allison Reid, SVP/North American Development for Starwood Hotels & Resorts Worldwide, Inc.
Tags: Sheraton • Dallas Ft Worth • Champ Hospitality • Beck Development • Sheraton McKinney • Hospitality • Brands • Openings •
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.