Stock Under $10 with 50-100% upside potential - 14 Days FREE!

Sheraton Hotels & Resorts Celebrates The Opening Of Sheraton Bali Kuta Resort

Stock quotes in this article: HOT 

Sheraton Hotels & Resorts, part of Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT), today announced the opening of the Sheraton Bali Kuta Resort on Kuta Beach, one of world’s renowned surfer’s paradise in Bali. The hotel is located directly at the heart of Kuta beach with pristine Indian Ocean scenery.

Owned by PT. Indonesian Paradise Island, the Sheraton Bali Kuta Resort is part of a luxurious shopping destination, presenting over 200 retail outlets in an open-air style and designed architecture inspired by the design of Bali’s rice paddy field. Centrally located at the heart of Pantai Kuta and just 5 kilometers away from Bali Ngurah Rai International Airport (DPS), the resort’s elevated position on the island provides amazing ocean and beach views.

“For 75 years, Sheraton has become a gathering place for our guests and locals alike around exciting destinations across the globe,” said Hoyt Harper, Global Brand Leader, Sheraton Hotels & Resorts. “Bali is a perfect fit for the Sheraton Brand, being an international holiday destination that is well known globally – Bali is one of the world’s gathering places.”

Sheraton Bali Kuta Resort marks Starwood’s fifth hotel on the Island of Gods. Currently, Starwood manages The St. Regis Bali Resort, W Retreat & Spa Bali – Seminyak, The Laguna, A Luxury Collection Resort, and The Westin Resort Nusa Dua, Bali. By 2014, Starwood will debut three new hotels in Bali, marking a total of eight hotels representing six of Starwood’s lifestyle hotel brands.

“We are delighted to welcome our iconic Sheraton brand to Bali. The opening of Sheraton Bali Kuta Resort sets Starwood on track to become the hotel management company with the largest number of brands represented in Bali,’ said Chuck Abbott, Regional Vice President, Southeast Asia, Starwood Hotels & Resorts. “Sheraton Bali Kuta Resort together with the new development of beachwalk offer guests an all-around experience – whether it is for business or leisure, for a family holiday or a honeymoon getaway.”

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
TRY IT FREE

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
Dividend Stock Advisor
TRY IT FREE
New! $49.95/yr

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREE

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Real Money
TRY IT FREE

24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.

Product Features:
  • Jim Cramer + 20 Wall Street pros
  • Intraday commentary & news
  • Real-time trading forum
  • Actionable trade ideas
Real Money Pro
TRY IT FREE

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass + 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
TRY IT FREE

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 15,354.40 121.18 0.80%
NASDAQ 3,498.97 33.73 0.97%
S&P 500 1,667.47 17.00 1.03%
US 10 Yr 1.949% +0.084

Brokerage Partners

Advertising Partners
Special Features

Free Newsletters from TheStreet

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy. Manage Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs