Over the next three years and with an investment of US$ 4,000 million dollars, Sheraton will open 50 hotels in 15 countries around the world.In China, the hotel chain will build 28 establishments, doubling its presence in this country, but will also establish more accommodations in India, Russia, Slovakia, Taiwan, Colombia, Vietnam and the United States.
Most of these establishments are created due to the economic recovery, which brings the influx of new tourists and business travelers in emerging markets that are consolidating in the travel industry. According to information provided by Sheraton, about 700 million Chinese and Indians "will have enough income to travel abroad."
This expansion will affect fast-growing regions of demand and mature markets such as Europe and the United States. (In the photo: Facade Hotel Sheraton Bogotá)
