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31-502: In April 1995, ITT Sheraton introduced the Four Points by Sheraton brand, to replace the designation of certain hotels as Sheraton Inns. During the early 2000s, this mid-scale, moderate-rate, full-service hotel brand operated around 135 properties, across about 15 countries, but primarily in the US. In 1998, Starwood acquired ITT Sheraton. In 2000, Starwood relaunched Four Points by Sheraton as

62-506: A brief period after World War II , Matson operated an airline using Douglas DC-4 aircraft between the Pacific Coast and Hawaii. The airline ultimately ceased operations because of political pressure from Pan American World Airways , which resulted in inability to obtain federal government scheduled operating authority. On December 1, 2011, Matson's then-parent company Alexander & Baldwin announced that its board of directors approved

93-578: A converted apartment building. Sheraton dates its founding to that year and considers that property its first hotel. The chain got its name from the third hotel the pair acquired, in Boston, in 1939. It had a large lighted sign on the roof saying "Sheraton Hotel," which was too expensive to change. Instead, Henderson and Moore decided to call all of their hotels by that name. Henderson and Moore purchased Boston's famed Copley Plaza Hotel in 1941, and continued expanding rapidly, buying existing properties along

124-633: A hotel bearing the name of an international company in the People's Republic of China , when it assumed management of the Great Wall Hotel in Beijing , a financially troubled two-year-old Chinese-American joint venture, which became the Great Wall Sheraton. By 1987, The New York Times described it as "50 years old, the world's largest hotel chain, and consumer-driven." On October 24, 1989, Sheraton

155-563: A plan to split A&B and Matson into two separate companies. As part of the plan, Matson would leave Oakland, California , to become a Honolulu -based company. The two companies are now traded separately. In 2015, Matson, Inc., acquired Horizon Lines , formerly its main competitor in the United States domestic market, for $ 469 million. Joining two Aloha-class freighter sister ships delivered to Matson in 2018 and 2019; in November 2022,

186-410: A premier upscale hotel chain for business and leisure travelers. The hotels initiated a Best Brews program that offers an opportunity to sample local craft beers. In September 2016, Marriott acquired the Four Points by Sheraton brand as part of its purchase of Starwood . After the takeover, Marriott identified properties which did not meet brand standards, which were required to either renovate, or exit

217-744: A recession hit, and had been seized from its previous owner, the Aga Khan , by its creditors. The majority of these hotels were placed in the ITT Sheraton Luxury Collection, though a few were placed in the Sheraton division. In April 1995, ITT Sheraton introduced a new, mid-range hotel brand, Four Points by Sheraton , to replace the designation of certain hotels as Sheraton Inns. In 1998, Starwood acquired ITT Sheraton for $ 13.3 billion, topping an offer by rival Hilton . Under Starwood's leadership, Sheraton began renovating many hotels and expanding

248-626: Is an American international hotel chain owned by Marriott International . As of June 30, 2020, Sheraton operates 446 hotels with 155,617 rooms globally, including locations in North America, Africa, Asia Pacific, Central and South America, Europe, the Middle East and the Caribbean, in addition to 84 hotels with 23,092 rooms in the pipeline. The origins of Sheraton Hotels date to 1933, when Harvard classmates Ernest Henderson and Robert Moore purchased

279-534: The Eppley Hotel Company , which was then the largest privately held hotel business in the United States, with 22 properties across six Midwestern states. Sheraton retained ten of the largest hotels and immediately resold the other twelve. That same year, Sheraton acquired its first motels, purchasing two properties in the suburbs of Syracuse, New York. In 1957, Sheraton, which had previously focused on acquiring existing hotels, opened its first newly built hotel,

310-658: The Hilo Bay of the Hawaiian Islands . The enterprise began in the carrying of merchandise, especially of plantation stores, to the islands and returning with cargoes of sugar, later expanding interests at each end of the line. In 1924, Matson completed the Matson Building , designed by Bliss and Faville , at 215 Market Street in San Francisco, and noted as "one of a series of Chicago School skyscrapers built during

341-959: The Moana Hotel , the Royal Hawaiian Hotel , the SurfRider Hotel, and the Princess Kaiulani Hotel . That same year Sheraton opened its first newly built motel, marketed as a "Highway Hotel," the Sheraton Inn, located in Binghamton, New York. The early 1960s saw the arrival of the first Sheraton hotels outside the US and Canada, with the opening of the Sheraton-Tel Aviv Hotel in Israel in March 1961 and two Caribbean properties in 1962 -

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372-585: The Oceanic Steamship Company (Spreckels Line), operating three trans-Pacific liners, including the SS Sonoma . From the early 20th century through the 1970s, Matson liners sailed from the west coast ports of San Francisco and Los Angeles to Honolulu and points beyond, including a handful of South Pacific ports of call as well as Sydney , Australia and Auckland , New Zealand . Two of their earlier cargo liners , Maui and Wilhelmina , were

403-599: The 1910s and 1920s which give San Francisco its downtown character." It featured an observation tower and cupola at the northern corner of the building that enabled company executives to see its ships coming through the Golden Gate . The company later sold the building to Pacific Gas and Electric Company , whose general office was next door at 245 Market. PG&E has incorporated the former Matson Building into its general office complex, keeping Matson-specific details such as elevator doors with detailed maps of Hawaii on them. For

434-650: The Arabella Hospitality Group in Germany to create ArabellaSheraton, a joint venture under which 14 Arabella Hotels in Germany, Switzerland and Spain were rebranded as ArabellaSheraton Hotels. In 1999, Sheraton bought the outstanding shares in CIGA, giving it complete ownership. In 2015, Starwood introduced the "Sheraton Grand" brand, higher-end Sheraton properties located in urban or resort destinations. In 2016, Marriott International purchased Starwood Hotels, and

465-866: The Cario-Sheraton Hotel & Casino. In 1971 Sheraton opened its first hotels in Continental Europe , the Sheraton Stockholm Hotel and the Sheraton-Copenhagen Hotel. In 1972, Sheraton opened its first hotel in Sub-Saharan Africa , the Sheraton-Mont Febe Palace in Yaounde , Cameroon . From 1977 to 1997 the company was headquartered at 60 State Street in Boston. In 1985, Sheraton became the first western chain to operate

496-872: The Continental Hotel in Cambridge, Massachusetts. In 1937, Henderson and Moore purchased the Standard Investing Corporation and the International Equities Corporation, combining them into the Standard Equities Corporation, the company through which they would run their hotels. Also in 1937, they purchased their second hotel, and the first as part of the new company, the Stonehaven Hotel in Springfield, Massachusetts ,

527-787: The East Coast from Maine to Florida. In 1946, the Standard Equities Corporation merged with the United States Realty and Improvement Corporation, forming the Sheraton Corporation of America, which became the first hotel chain to be listed on the New York Stock Exchange in 1947. In 1949, Sheraton expanded internationally, buying the Ford Hotels chain, with three properties in Toronto, Ottawa and Montreal. They quickly resold

558-904: The Kuwait-Sheraton Hotel. In 1967 Sheraton unveiled Reservatron II , a computer system for personalized reservations. That same year, Sheraton opened its first hotel in Asia, the Sheraton-Philippines Hotel in Manila; its first hotel in Europe, the Sheraton-Du Cap Hotel on the island of Corsica in France; and its first hotels in Australia, two Sheraton Motor Hotels in Melbourne and Sydney. In 1968,

589-574: The Philadelphia Sheraton Hotel. In 1958, Sheraton became the first hotel chain to centralize and computerize its reservations when it introduced Reservatron , the hotel industry's first automatic electronic reservations system. In 1959, Sheraton acquired its first properties outside North America, purchasing four hotels owned by the Matson Lines on Waikiki Beach in Honolulu , Hawaii -

620-910: The Sheraton-Kingston Hotel in Jamaica and the British Colonial Hilton Nassau in Nassau, Bahamas . In 1962, Sheraton created a franchise division, primarily to operate Sheraton Motor Inns, large highway motels providing free parking. In 1963 Sheraton opened its first hotel in South America, the Macuto-Sheraton Hotel, outside Caracas, Venezuela . In 1965 the 100th Sheraton property, the Sheraton-Boston Hotel, opened. In 1966 Sheraton opened its first hotel in an Arab country,

651-745: The South Pacific, China, and Japan. William Matson (1849–1917) founded Matson Navigation Company. He was born in Lysekil in Västra Götaland County , Sweden , and orphaned during childhood. He arrived in San Francisco after a trip around Cape Horn in 1867. Working aboard the Dickel family yacht, he struck up a friendship with tycoon Claus Spreckels , who financed many of Matson's new ships. In 1882, he sailed his three-masted schooner Emma Claudina into

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682-641: The Toronto and Ottawa properties to finance their continued Canadian expansion in 1950, paying $ 4.8 million to purchase Cardy Hotels, a chain of six properties in Ontario and Quebec. In April 1951, the Park Sheraton Hotel in New York City would host the 1951 NBA draft , which was the second ever draft under the NBA name and fifth overall NBA draft in existence by that time. In 1956, Sheraton paid $ 30 million to buy

713-471: The brand was renamed Four Points Flex by Sheraton. [REDACTED] Media related to Sheraton hotels at Wikimedia Commons Matson Lines Matson, Inc. , is an American shipping and navigation services company headquartered in Honolulu, Hawaii . Founded in 1882, Matson, Inc.'s subsidiary Matson Navigation Company provides ocean shipping services across the Pacific to Hawaii, Alaska, Guam, Micronesia,

744-455: The brand's footprint. Starwood also began marketing The Luxury Collection as a completely separate brand, even though it contained a large number of hotels still named Sheraton. Most of those properties have since been renamed. Only three such hotels remain today - Sheraton Addis in ( Addis Ababa , Ethiopia ), Sheraton Grande Sukhumvit in ( Bangkok , Thailand ), and Sheraton Kuwait in ( Kuwait City , Kuwait ). Also in 1998, Sheraton joined with

775-560: The brand. In September 2023, Marriott announced a new spinoff brand of Four Points by Sheraton, called Four Points Express by Sheraton, which will target the mid-range market in Europe, the Middle East and Africa. Its first property will open in London in 2024. [REDACTED] Media related to Four Points by Sheraton at Wikimedia Commons This article about a hotel or resort is a stub . You can help Misplaced Pages by expanding it . Sheraton Hotels and Resorts Sheraton Hotels and Resorts

806-495: The company again contracted Philly Shipyard to build three new 3,600  twenty-foot equivalent units  (TEU) Jones Act -compliant container ships at a cost of $ 1 billion. Primarily a conveyor of freight; from 1908 on, Matson introduced into service a number of passenger liners to capitalize on the burgeoning tourist trade. In 1926, following the death of its founder, John D. Spreckels whose father, Claus Spreckels , had been Matson's earliest financier; Matson took over

837-551: The decade and into the eighties" but the jingle's lifespan went even beyond. In 1970, Sheraton introduced the Sheraton Towers concept, a line of luxury "hotel-within-a-hotel" facilities designed for business travelers and located within Sheraton's largest and most exclusive hotels. The first Sheraton Towers to open was in the chain's flagship Sheraton-Boston Hotel. That same year, Sheraton opened its first hotel in North Africa ,

868-407: The first passenger ships to place their engines aft. Among the "white ships of Matson" were Malolo (rechristened Matsonia ), Lurline , Mariposa , and Monterey . With the advent and expansion of routine air travel between the mainland and the islands, Matson's passenger service was greatly diminished, and the liners were eventually retired from trans-Pacific service and virtually gone by

899-580: The multinational conglomerate ITT Corporation purchased the chain and immediately sold eighteen aging Sheraton properties. Under ITT's ownership, Sheraton quickly moved away from ownership and operation of its properties to a new model of franchising and management, as the chain expanded greatly both in the US and abroad. In late 1969, Sheraton introduced the hotel industry's first nationwide toll-free number , which displaced two hundred local Sheraton reservation numbers. The radio jingle for "Eight-Oh-Oh, Three-Two-Five, Three-Five Three-Five" "ran throughout

930-512: The newly merged company again became the world's largest hotel and resort company. Although the Sheraton brand expresses quality in Asia, aging properties have made the US market more problematic. In 2023, Marriott announced a new spinoff brand of Four Points by Sheraton, called Four Points Express by Sheraton, targeting the mid-range market in Europe, the Middle East and Africa. Its first property opened in Nilüfer, Bursa , Turkey that fall. In 2024,

961-679: Was officially rebranded as ITT Sheraton. On January 13, 1992, ITT Sheraton designated 28 of its premier hotels and 33 of the Sheraton Towers as the ITT Sheraton Luxury Collection. The flagship of the division was The St Regis in New York City. In 1994, ITT Sheraton purchased a controlling interest in the Italian CIGA chain, the Compagnia Italiana Grandi Alberghi, or Italian Grand Hotels Company. The chain had begun by operating hotels in Italy, but over-expanded across Europe just as

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