Sheraton Hotels  FDD Summary


Type of Business
The franchisee will establish and operate a Sheraton® hotel or resort under a franchise agreement with The Sheraton LLC.


Corporate Information
The franchisor is The Sheraton LLC, a limited liability company organized under the laws of the State of Delaware in 2006. They were incorporated on June 10, 1974 under the name The Sheraton Corporation. On October 24, 1989, they changed their name to ITT Sheraton Corporation. On December 31, 1999, they changed their name to The Sheraton Corporation, and on April 10, 2006, they changed their name and organizational form to The Sheraton LLC. They offer franchises for the operation of Aloft hotels, Sheraton® hotels and resorts, Four Points® hotels, and The Luxury Collection® hotels, resorts and suites in the United States. They are a wholly-owned subsidiary of Starwood Hotels & Resorts Worldwide, LLC, f/k/a Starwood Hotels and Resorts, Inc.


Investment
The total investment necessary to begin operation of a 250 guest room conversion Sheraton Hotel franchise is approximately $1,633,100 to $21,162,500, which includes $385,600 to $617,500 that must be paid to the franchisor or its affiliates. The total investment necessary to begin operation of a 250 guest room new build Sheraton Hotel franchise is approximately $47,478,100 to $75,427,500, which includes approximately $365,600 to $597,500 that must be paid to the franchisor or its affiliates. If you choose to include a branded spa at your Sheraton Hotel, the additional investment is approximately $883,500 to $9,340,000 for an 8,000 square foot 10 treatment room spa, which includes approximately $27,000 that must be paid to the franchisor or its affiliates. These sums do not include any costs for real estate.


View the 2016 Sheraton Hotels FDD

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