Starwood Hotels & Resorts Accelerates Growth in Mexico with the Signing of Sheraton Cozumel Resort
Gaining momentum in markets across Latin America , Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced it has signed an agreement with Inmobiliaria Punta Tormentos S.A. de C.V. to introduce its world-renowned Sheraton ® brand to Cozumel, Mexico . Sheraton Cozumel Resort , slated to open in early 2018, will be located on an idyllic island in the Yucatan Peninsula , with sweeping views of the Caribbean . The new resort will increase the Sheraton brand's portfolio to six hotels in Mexico and 37 in the region.