Sheraton Hotels Will Drive Starwood’s Portfolio Growth in 2011 and Widen Lead in China
"Sheraton is the number one contributor to Starwood's global growth and has given us a significant lead in many fast-developing markets," said Simon Turner, President of Global Development for Starwood. "In China, which is now Starwood's second largest market after North America, Sheraton is expanding its presence in the country's biggest cities such as Beijing and Shanghai, as well as in rapidly developing urban centers including Guangzhou, Wanning and Hangzhou. The strength of Sheraton is also driving meaningful growth for sister brand Four Points by Sheraton, which is set to double its footprint in China over the next three years."