Starwood Will Open 49 Hotels In 15 Countries

Over 40 percent of the new hotels will be under the banner of the Sheraton brand. This expansion of the Sheraton hotel chain has taken place in concert with over 40 different developers around the world and will cost about $4 billion (Dh14.7bn). Harper said developers working with Sheraton will be responsible for about 90 percent of this cost. Starwood has been revamping the Sheraton brand over the last three years, cutting loose 42 hotels because they did not meet brand standards.