Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today announced that its largest brand, Sheraton Hotels & Resorts, and its owners invested more than $230 million to refurbish its four iconic Hawaiian properties. The large-scale, multi-year project was completed with the recent unveiling of the Sheraton Kona Resort and meets the increased demand for high-quality accommodations as business and leisure travel to the Hawaiian Islands continues to grow. The revitalization projects include the $188 million renewal of the Sheraton Waikiki, the $6.5 million renovation of the Sheraton Maui Resort & Spa, a $16 million upgrade to the Sheraton Kauai Resort, and a $20 million refresh of the Sheraton Kona Resort & Spa at Keauhou Bay.
Starwood is a fully integrated owner, operator and franchisor of hotels, resorts and residences with the following internationally renowned brands: St. Regis®, The Luxury Collection®, W®, Westin®, Le Méridien®, Sheraton®, Four Points® by Sheraton, Aloft®, and Element SM. The Company boasts one of the industry’s leading loyalty programs, Starwood Preferred Guest (SPG), allowing members to earn and redeem points for room stays, room upgrades and flights, with no blackout dates. Starwood also owns Starwood Vacation Ownership, Inc., a premier provider of world-class vacation experiences through villa-style resorts and privileged access to Starwood brands. For more information, please visit www.starwoodhotels.com.