Sheraton Hotels & Resort continues record high global growth zith debut in the Republic of Maldives
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Sheraton Hotels & Resort continues record high global growth zith debut in the Republic of Maldives
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Category: Asia Pacific - Maldives - Industry economy -
New brands / Affiliations
This is a press release selected by our editorial committee and published online for free on 2008-10-23
Sheraton Maldives Full Moon Resort & Spa Adds More Depth to the Rapidly Growing Sheraton Resorts Portfolio
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today announced a joint venture agreement with Full Moon Private Limited to rebrand the Full Moon Resort to Sheraton Maldives Full Moon Resort & Spa. Starwood is extensively refurbishing the 156-room resort, which is located on its own private island in the Republic of Maldives, and targets to officially open the resort as a Sheraton on December 1.
The addition of Sheraton Maldives Full Moon Resort & Spa heralds the aggressive growth of the brand’s portfolio of world-class resorts in desirable destinations across the globe. Sheraton currently offers more than 16 resorts in Asia Pacific, in locations such as Fiji, Japan, China, Indonesia, Guam and Australia. And there are Sheraton resorts under development in markets like Taiwan, India and Spain. “The Sheraton brand is familiar and well-known to travelers, and the addition of this spectacular hotel to our beautiful collection of upper upscale resorts located throughout the world gives leisure travelers more reasons to love us,” said Miguel Ko, President, Starwood Hotels & Resorts, Asia Pacific.
“The Maldives woos tourists with promises of 'the last paradise on earth', with its pure white beaches, pristine turquoise lagoons and spectacular and diving resorts. Together with W Retreat & Spa, Maldives, we are thrilled to be able to offer travelers different resort experiences that reflect their preferences and personalities, and ultimately create a truly memorable travel experience for them, “added Ko. W Retreat & Spa, Maldives is the first W resort in the world and has been making waves since September 2006. The W resort is owned by a joint venture between an affiliate of Starwood Hotels & Resorts Worldwide, Inc. and Universal Enterprises Private Limited, the parent company of Full Moon Private Limited.
Sheraton Maldives Full Moon Resort & Spa is located on its own private island, Furana Fushi, in the North Male Atoll and a 20 minute boat ride from Male International Airport. In addition to the 156 rooms, Sheraton also welcomes guests with 7 restaurants and bars, a spa, and various indoor and outdoor recreational activities.
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