History of Sheraton Hotel
Sheraton Hotels & Resorts operates a leading chain of upscale hotels with about 400 locations in some 75 countries. The company's properties target both business and leisure travelers with full-service accommodations, fine dining, and other amenities. Its Four Points by Sheraton brand includes approximately 150 additional properties, which typically feature smaller locations with basic service and amenities such as high speed Internet access and fitness centers. Sheraton was founded in 1937 by Ernest Henderson and Robert Moore. The chain was acquired by Starwood in 1998; it is Starwood's largest brand.
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.
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