Sheraton accelerates growth in Asia Pacific with ‘Sheraton 2020’ plan
ETW Staff – Mumbai
Sheraton Hotels & Resorts has announced accelerated growth plans for Asia Pacific, continuing its sharp focus on Sheraton 2020, a comprehensive 10-point plan designed to put Sheraton back into the global spotlight. Following the most recent designation of Sheraton Grand Macao Hotel, Cotai Central in January, the brand is continuing its expansion of Sheraton Grand by welcoming three properties to the premier tier: Sheraton Grand Shanghai Pudong Hotel & Residences, Sheraton Grand Guangzhou Huadu Resort and Sheraton Grand Jakarta Gandaria City Hotel. Sheraton also revealed plans to open more than 20 properties in the region by mid-2017, supporting the brand’s Sheraton 2020 goal of adding 150 new hotels by 2020.
“As we complete the first year of our bold new vision for Starwood’s most global brand, Sheraton 2020 initiatives are already underway to establish Sheraton as the hotel brand of choice everywhere. We are making tremendous progress in Asia Pacific, continuing to provide guests with effortless travel experiences so they can experience more, from offering the new lobby bar menu paired to leading the expansion of the brand’s new premier tier, Sheraton Grand,”said Vincent Ong, senior director, brand management, Starwood Hotels & Resorts Asia Pacific.
In addition to welcoming three new Sheraton Grand properties, the brand continues to march toward its Sheraton 2020 goal of adding 150 hotels by 2020, with the aim to open more than 20 properties alone in Asia Pacific by mid-2017. Sheraton will debut in countries such as Bangladesh, Sri Lanka, the Philippines and Myanmar over the next several years, as the brand continues to expand its global reach across every corner of the world.
“As Starwood’s most global brand, Sheraton enjoys the long established recognition that many owners have already come to know and expect of the brand. We are confident that Sheraton will continue to enjoy significant footprint growth as we power through Sheraton 2020,” said Rajit Sukumaran, senior vice president, acquisitions and development, Starwood Hotels & Resorts Asia Pacific.
Sheraton 2020 also aims at implementation of revenue and profit-driving initiatives to benefit owners and developers; and a goal of adding more than 150 new Sheraton hotels worldwide by 2020.