Sheraton to Expand Presence in Portugal with Sheraton Cascais Resort
Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced that it will bring its iconic Sheraton brand to the upmarket resort town of Cascais in Portugal with the signing of the Sheraton Cascais Resort. Owned and managed by United Investments Portugal (UIP), the property will join the Sheraton brand on February 24th, 2016 under a franchise agreement with Starwood.