Starwood Hotels & Resorts Signs to Develop the 120-room Sheraton Cozumel Resort in Mexico

Sheraton Hotels & Resorts | April 28, 2015

Agreement Signed with Inmobiliaria Punta Tormentos S.A. de C.V. for the Resort Slated to Open in Early 2018 April 28, 2015 - STAMFORD, Conn. - Gaining momentum in markets across Latin America, Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced it has signed an agreement with Inmobiliaria Punta Tormentos S.A. de C.V. to introduce its world-renowned Sheraton® brand to Cozumel, Mexico. Sheraton Cozumel Resort, slated to open in early 2018, will be located on an idyllic island in the Yucatan Peninsula, with sweeping views of the Caribbean. The new resort will increase the Sheraton brand's portfolio to six hotels in Me...