United Investments Portugal to open Sheraton resort

Sheraton Cascais Resort

Starwood Hotels & Resorts Worldwide has signed a deal with owner and operator United Investments Portugal to open the Sheraton Cascais Resort in Portugal's upmarket resort town of Cascais. The hotel previously operated as the Vivamarinha Hotel & Suites.

When it opens on February 24 under a franchise agreement with Starwood, the hotel will be the third Sheraton in the country, following the Sheraton Lisbon Hotel & Spa and the Sheraton Porto Hotel & Spa.

“We have successfully partnered with United Investments Portugal for over 24-years at Pine Cliffs, a Luxury Collection Resort in the Algarve,” Michael Wale, President, Starwood Hotels & Resorts, Europe, Africa and Middle East, said in a statement, noting that the brand is looking to open 150 new Sheraton hotels around the globe by 2020.


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The hotels, all owned by U.S. OCG, total 499 rooms and together offer more than 93,000 square feet of meeting space.

The micro-hotel brand has confirmed six additional properties in New York City, Indianapolis, Savannah, Washington, D.C. and Lima, Peru.

The China-based conglomerate also acquired the iconic brand's IP assets as part of the £11 million deal, with the brand expected to live on online.