Marriott International lands Sheraton Grand Phoenix for $255M

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Bethesda-based Marriott International has purchased the 1,000-room Sheraton Grand Phoenix hotel for $255 million with plans for a significant renovation. The announcement comes as part of Marriott International’s transformation of Sheraton, the company’s most international brand since its purchase as part of the Starwood Hotels & Resorts acquisition in late 2016. Earlier this month, the company ...

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