- Sheraton Hotels and Resorts
company_name = Sheraton Hotels and Resorts
company_slogan = "Belong"
foundation = 1937
headquarters = White Plains, New York industry =
Hospitality, Hotels, Tourism
products = Temporary residence
homepage = [http://www.sheraton.com/ Sheraton Hotels]
Sheraton Hotels and Resorts is
Starwood Hotels & Resorts' largest and second oldest brand ( Westinbeing the oldest). Starwood's headquarters are in White Plains, New York.
The origins of the brand date back to 1937 when Ernest Henderson and Robert Moore acquired the Stonehaven Hotel in
Springfield, Massachusetts. The chain got its name from another early hotel the men acquired, which had a lighted sign on the roof saying "Sheraton Hotel" that was too expensive to change. Instead, they decided to call all their hotels by that name. [cite news|title=Running to Cover|publisher=Time|url=http://www.time.com/time/magazine/article/0,9171,827438,00.html?iid=chix-sphere|date=July 13, 1962|accessdate=2007-12-31]
Henderson and Moore had opened three hotels in Boston by 1939, continuing with their rapid expansion opening properties along the entire East coast. In
1945, it was the first hotel chain to be listed on the New York Stock Exchange.
In 1949 Sheraton expanded internationally with the purchase of two Canadian hotel chains. The 1960s saw the first Sheraton hotels outside the US and Canada with the opening of the Tel Aviv-Sheraton in 1961 and the Macuto-Sheraton outside Caracas, Venezuela, in 1963. By 1965, the 100th Sheraton had opened its doors. The multinational conglomerate
ITTpurchased the chain in 1968, after which it was known as ITT Sheraton.
ITT Sheraton reached a milestone in 1985. It became the first Western company to operate a hotel in the People's Republic of China assuming management of the state-built Great Wall Hotel in Beijing, which became the Great Wall Sheraton.
In 1994, ITT Sheraton purchased a controlling interest in the Italian CIGA chain, the Compagnia Italiana Grandi Alberghi, or Italian Grand Hotels Company, which had been seized from its previous owner, the Aga Khan, by its creditors. The chain had begun by operating hotels in Italy, but overexpanded across Europe just as a recession hit. [cite news|title=How the Aga Khan Stumbled|url=http://www.time.com/time/magazine/article/0,9171,978648-1,00.html|publisher=Time|date=June 7, 1993|author=Adam Zagorin|accessdate=2007-12-31] . These hotels formed the core of what came to be the ITT Sheraton Luxury group, later Starwood's Luxury Collection.
In April 1995, Sheraton introduced a new, mid-scale hotel brand Four Points by Sheraton Hotels, to replace the designation of certain hotels as Sheraton Inns.
In 1998, Starwood Hotels & Resorts Worldwide, Inc. acquired ITT Sheraton (outbidding Hilton). It has since grown to become one of the leading hotel companies in the world. Its other brands include Four Points by Sheraton Hotels, St. Regis Hotels & Resorts, The Luxury Collection, Element , Le Méridien, W Hotels, and Aloft. Since buying ITT Sheraton, Starwood has created a fourth brand from their hotels. St. Regis Hotels & Resorts are named after the famous hotel on Fifth Avenue in New York, which had been a Sheraton for years. That hotel and the former Sheraton Carlton in Washington, D.C., were two of the first hotels in the new chain, which now spreads across the globe.
Eppley Hotel Company
Sheraton on the Falls
* [http://www.sheraton.com/ Sheraton Hotels - Official Site]
* [http://www.starwoodhotels.com Starwood Hotels - Official Site]
* [http://www.sheratononthefalls.com/index.php Sheraton on the Falls Hotel]
Wikimedia Foundation. 2010.
Look at other dictionaries:
Sheraton Hotels and Resorts — Sheraton Hotels Resorts Logo de Sheraton Hotels and Resorts Création 1937 Dates clés 1998: Rachat par Starwood … Wikipédia en Français
Sheraton Hotels and Resorts Hawaii — Sheraton Hotels and Resorts Hawai i is a Hawai i subsidiary of Starwood Hotels Resorts Worldwide under the Sheraton brand name. Based in Honolulu, the corporate group administers and manages the seven Sheraton Hotels and Resorts on the islands of … Wikipedia
Sheraton Hotels \x26 Resorts — Sheraton Hotels Resorts Saltar a navegación, búsqueda Sheraton Hotels and Resorts Eslogan Belong Tipo Hotel Fundación 1937 Sede Nueva Yor … Wikipedia Español
Pan Pacific Hotels and Resorts — Type Hotel management Founded Tokyu Corporation Headquarters Singapore Owner(s) UOL Corporation Website http://www.panpacific.com … Wikipedia
Sheraton Hotels & Resorts — Sheraton Hotels Resorts Logo de Sheraton Hotels and Resorts Création 1937 Dates clés 1998: Rachat par Starwood … Wikipédia en Français
Sheraton Hotels & Resorts — Sheraton Hotels and Resorts Lema Belong Tipo Hotel Fundación 1937 Sede Nueva York, Estados Unidos … Wikipedia Español
Sheraton Hotels & Resorts — Pour les articles homonymes, voir Sheraton (homonymie). Logo de Sheraton Hotels Resorts … Wikipédia en Français
Starwood Hotels \x26 Resorts Worldwide — Starwood Hotels Resorts Worldwide Saltar a navegación, búsqueda Starwood Hotels Resorts Worldwide Eslogan no disponible Fundación 1930 Sede White Plains, Nueva York Industria … Wikipedia Español
ITC Welcomgroup Hotels, Palaces and Resorts — [http://www.itcwelcomgroup.in ITC Welcomgroup Hotels, Palaces and Resorts] is India s second largest hotel chain with over 80 hotels. Based out of Hotels Division Headquarters at the ITC Green Centre in Gurgaon, off New Delhi, ITC Welcomgroup is… … Wikipedia
Walt Disney Parks and Resorts — Type Subsidiary of The Walt Disney Company Industry Theme Parks … Wikipedia