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Moderate but Steady Growth in Business Travel Continues

Submitted by Kathie Gonzalez on Jun 05, 2012 - 9:11am
Posted in Business Travel

Did you know? The Global Business Travel Association’s Business Travel Quarterly Outlook – United States, released in April, stated that the business travel market has finally stabilized and is expected to hit its pre-recession levels by the middle of 2012 (so right about now). The report estimated overall growth would be 4.6 percent this year - which bodes well for the economy as a whole.

This is certainly welcoming news to our parent company, Starwood, which recently completed renovations totaling $350 million on Sheraton properties worldwide, including the Sheraton New York Hotel and Towers, the Sheraton Grand Hotel and Spa in Edinburgh, the Sheraton Mirage Resort and Spa Gold Coast in Australia, Sheraton Rio Hotel and Resort in Brazil, Sheraton Maria Isabel Hotel and Towers in Mexico City, and several hotels in China. These upgraded brand offerings and freshly renovated landmark hotels in key cities across the globe position the Sheraton to meet the increased demand for high-caliber lodging, which is critical as business and leisure travel continue to gain momentum.

The Sheraton Denver Downtown Hotel completed a $70 million renovation back in late 2009, upgrading guest rooms, adding the Link@Sheraton lounge, and introducing a revolutionary new health and fitness program – all done to create an entirely new guest experience that reflects and embraces our guests’ preferences. Swing by to take a look if you haven’t already – you won’t be disappointed!

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