Starwood Hotels & Resorts Accelerates Growth in Latin America with the Signing of Sheraton Santos Hotel
Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced its long-established presence in Brazil will expand with the signing of Sheraton® Santos Hotel, owned by local real estate developer Grupo Mendes, marking the company's 10th hotel in the country. The signing comes on the heels of the recent reopening of Sheraton Barra Rio de Janeiro Hotel in May and, fitting for the Sheraton brand, will be the first international upper-upscale hotel in Santos in the state of São Paulo.