The first new hotel to be built in downtown Phoenix since 1976,
Sheraton Phoenix Downtown Hotel offers a welcoming, interactive setting,
superior service and signature amenities
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today announces
the grand opening of the Sheraton Phoenix Downtown Hotel. The hotel will
hold its ceremonial ribbon cutting in conjunction with the city of
Phoenix on Wednesday, October 1 at 10 a.m. Phoenix Mayor Phil Gordon and
Starwood CEO Frits van Paasschen are among those speaking at the event.
The opening of the Sheraton Phoenix Downtown is part of the most
aggressive growth plan in the Sheraton brand’s
history, with 50,000 new rooms and newly renovated rooms to be completed
by 2009 in North America alone. The newly-built hotel also heralds the
revitalization of the iconic brand and illustrates Sheraton’s
focus on large, urban convention center sites and booming downtown
markets.
Soaring 31 stories into the air, the stunning property is the largest
hotel in Arizona and the first new hotel built downtown since 1976. The
1,000-room hotel offers guests an inviting ambience enhanced by warm,
welcoming service, upscale amenities and sleek, contemporary décor.
The new hotel, along with the expansion of the Phoenix Convention
Center, has repositioned Phoenix as a top destination for conventions,
corporate meetings and major sporting events like the NBA All Star game,
which comes to Phoenix in February 2009. Sheraton Phoenix Downtown Hotel
is also opening ahead of schedule and well within the $350 million
projected budget.
“The Sheraton Phoenix Downtown is a new
flagship hotel for Sheraton and is illustrative of the brand’s
aggressive growth plan, which includes an investment of $2.3 billion in
new hotel openings in North America,” said
Starwood CEO Frits van Paasschen. “We have a
long, successful history in Phoenix with an equally bright future that
includes an additional six new hotels opening soon.”
Starwood is the largest hospitality operator in the greater Phoenix area
with marquee properties such as The Phoenician, the Sheraton Wild Horse
Pass Resort & Spa, The Westin Kierland Resort & Spa and the recently
opened W Scottsdale. Starwood’s six new hotels
in development include a Westin, an Element and four AloftSM
hotels.
