Marriott International acquires the 1,000-room Sheraton Grand Phoenix hotel for $255 million

BETHESDA, MD, 2018-Jun-29 — /Travel PR News/ — Marriott International (NASDAQ: MAR) today announced that it has purchased the 1,000-room Sheraton Grand Phoenix hotel for $255 million. Marriott has plans for a significant renovation covering the downtown Phoenix hotel’s guest rooms and public space to transform the property into a cutting-edge model for the Sheraton… Read the full press release