Word: sheratons
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Boston's bustling Sheraton Corp. took its first step off the North American continent last week. For $18 million, Matson Navigation Co. agreed to sell to Sheraton its four Honolulu hotels: the pink Royal Hawaiian, the porticoed Moana, the seven-year-old SurfRider, and the eleven-story Princess Kaiulani-all on famed Waikiki beach. Sheraton, second only to Hilton Hotels Corp., thus got 1,056 more rooms, boosted its total...
...Sheraton President Ernest Henderson, 61, who has been in a partnership with Chairman Robert Lowell Moore, 62, ever since the two left Harvard ('18), the Matson deal was the biggest of a year in which they have acquired eight hotels. There are now 52 Sheraton hotels, and more are abuilding. Early next year Sheraton will open a $12 million, 561-room hotel in Dallas and a $3,500,000, 190-room unit in Binghamton, N.Y. Due to open later: new Sheratons in Baltimore, New Haven, Conn. and Portland...
Henry N. Lamar, Freshman football coach, will address the Harvard Club of Rochester, and football movies will be shown at the group's annual Christmas luncheon Saturday, Dec. 27, at the Hotel Sheraton in Rochester...
Manhattan last week the Sheraton chain (48 hotels) contracted to operate a 450-room hotel that, at 18 stories, will become the island's tallest building. Also in construction or on blueprints: the 174-room Intercontinental in Ponce, the island's second city; the $15 million Imperial in San Juan; a pair of Hotel Corp. of America branches-one of 350 rooms in San Juan, another of 176 rooms in its suburb, Santurce...
...this furor worried Sheraton Corp. of America, second biggest U.S. hotel chain. It announced that it would offer to its 850,000 cardholders, who got their cards for nothing, a new comprehensive card for $5. Hilton Hotels Corp., biggest U.S. chain, broke into a sweat; fearing the Sheraton competition, Hilton announced that it would expand the Hilton card, which is used in its 33 hotels in the U.S. and abroad, to cover outside restaurants and shops...