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 Starwood has unveiled plans to open 30 Sheraton 
			  hotels over the next 12 months, with half of the new Sheraton 
			  hotels to open in China.  Sheraton is also picking up momentum in several 
			  other emerging markets including Latin America, the Middle East 
			  and Turkey. "Sheraton is anticipating record-breaking 
			  growth, putting us on track to open our 500th hotel in 2015. The 
			  majority of our new hotel development is taking place in the 
			  world's fast-growing economies, while in North America, Sheraton 
			  remains one of the most sought-after brands for conversion 
			  opportunities," said Hoyt Harper, Global Brand Leader for Sheraton Hotels & Resorts. "Our portfolio is stronger than ever following 
			  our highly successful brand-wide revitalization and multi-billion 
			  dollar investment to enhance the Sheraton brand over the past 
			  several years."  One of Every Two New Sheratons will Open 
			  in China  Sheraton is slated to open 15 new hotels across 
			  China over the next 12 months, moving it closer to its target of 
			  80 properties in this vast market by the end of 2015. One of the 
			  more notable openings this year is Sheraton Huzhou Hot Spring 
			  Resort, which boasts an innovative ring-shaped structure designed 
			  by leading-edge architect Ma Yansong. "The Sheraton growth 
			  trajectory in China has been nothing short of remarkable. For the 
			  fourth year in a row, Sheraton will open approximately half of its 
			  new hotels in China and demand continues to grow especially in 
			  second and third tier cities," said Harper. "We are also proud to 
			  add Sheraton Huzhou Hot Spring Resort to our growing portfolio of architecturally unique hotels in Asia Pacific." Emerging Markets In addition to the flurry of new hotel openings in China, Sheraton 
			  is also growing its portfolio in other fast-growing markets within 
			  Asia Pacific. New openings this year will include Sheraton New 
			  Caledonia Bourail Resort and Spa in New Caledonia and Sheraton 
			  Chandigarh Hotel in India. "Sheraton is renowned as a 
			  global hospitality icon and the brand's early entry into markets 
			  around the world is continuing to pave the way for future growth 
			  not only for Sheraton, but also for Starwood's other eight 
			  sought-after brands," said Simon Turner, President of Global 
			  Development for Starwood. "The quality of the Sheraton hotel 
			  portfolio and pipeline is the strongest it has ever been and we 
			  look forward to ongoing expansion in both emerging and developed 
			  markets." The brand's portfolio in Africa and the Middle 
			  East will expand over the next 12 months with the addition of four 
			  new hotels including the fourth Sheraton in Saudi Arabia - Sheraton 
			  Medina Hotel, Sheraton Dubai Mall of Emirates and the first in Tajikistan - Sheraton Dushanbe Hotel. Sheraton will also open two 
			  new hotels in Turkey, Europe's fastest-growing market, in the 
			  cities of Adana and Bursa. The Americas One of the most promising growth markets for Sheraton is 
			  Latin America, which boasts several of the world's fastest growing 
			  economies. This year's openings will include Sheraton Tucuman 
			  Hotel - the brand's ninth hotel in Argentina. Sheraton is also 
			  increasing its footprint in Brazil as the country ramps up 
			  infrastructure development ahead of the 2014 FIFA World Cup and 
			  2016 Summer Olympics.  Following the opening of Sheraton Vitória in 
			  2012, the brand will open Sheraton da Bahia Hotel in Salvador this 
			  year and Sheraton Reserva do Paiva Hotel & Convention Center, 
			  which is located 30 minutes from Recife, in early 2014. Sheraton continues to capture conversion opportunities in cities 
			  across North America. Over the next 12 months, Sheraton will 
			  re-brand hotels in a number of key cities throughout the U.S..ATF,
			  
			  Vientiane,
			  
			  Laos,
			  
			  Starwood,
			  
			  Sheraton
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