drron
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- Jul 4, 2002
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Starwood to Set Up Aloft, Expand Four Points Hotels in Australia - Businessweek
Great news for us lonely SPG fans.
The Stamford, Connecticut-based company plans to open as many as 15 Aloft hotels in Australia and have a Four Points by Sheraton hotel in all eight state capitals within five years, said Andrew Taylor, Sydney-based director of acquisitions and developments for the Pacific region.
Starwood will open Melbourne’s only Sheraton Hotel in March 2014 as part of a mixed-use project that includes apartments and retail properties, according to Taylor. The property is being developed by the Golden Age Development Group, a private company based in the city.
Starwood is in talks to manage a hotel that’s being developed in a city on Australia’s east coast, to be one of its“mid-market” brands and set to open in 2013 or early 2014, Taylor said, declining to provide further details.
It is also planning to enter Auckland with a Sheraton hotel within the next three years, Taylor said.
Great news for us lonely SPG fans.