Four Points by Sheraton to add 16 properties to its portfolio

Published: 18-Mar-2010

Gearing up to open its 150th property in the first half of 2010, the US-based Four Points brand, part of the parent company Starwood Hotels & Resorts Worldwide, is slated to open 16 more properties.

The Four Points brand's growth follows a $1 billion rejuvenation of the brand. Major renovations, conversions, and new-build hotels have led to a 70% turnover in the Four Points portfolio over the last five years. In 2010, eight new Four Points properties are slated to open in North American markets and another eight is set for international business and leisure travel hubs in Asia and Africa.

In China, three Four Points properties are expected to open in the coming year in Lianyungang, a center of international trade known as China's ‘east-west freight corridor’; the port city of Taicang; and Tai'An.

Four Points is also scheduled to debut in key markets like Lagos, Nigeria, Bangkok, and the Thai resort island of Phuket. In Canada, Four Points will open hotels in 2010 in Niagara Falls, Ontario; Saskatoon, Saskatchewan; and Calgary, Alberta. Domestically, properties are planned for markets including San Jose; Oklahoma City, Memphis, and Long Island City.

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