Starwood Expands in Brazil
Wednesday December 19th, 2012 - 10:35AM H
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STAMFORD, CT—Starwood Hotels & Resorts Worldwide, Inc. has partnered with GJP Hotéis & Resorts to open the first Sheraton Hotel & Resort in Salvador, Brazil, the Sheraton da Bahia Hotel.
The 284-room hotel is currently undergoing a renovation and is expected to reopen in the beginning of 2013. It will feature two restaurants, a fitness center, a 1,938-sq.-ft spa, business center and 27,000 sq. ft. of flexible meeting space. GJP will operate the hotel under a franchise agreement.
Starwood currently operates seven properties in Brazil under the Sheraton and Four Points by Sheraton brands, and this will be the 6th Sheraton in the country. According to the company, this agreement is an important step toward reaching the goal of having 500 Sheraton properties by 2015. The Sheraton Reserva do Paiva Hotel and Conference Center is scheduled to open in Recife, Brazil by early 2014.
Tags: • Hospitality • Ownership •
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.