On the path to reach its 500th Sheraton hotel by 2016, Starwood Hotels & Resorts has signed an agreement with Arabella Hospitality SE to open a new Sheraton Hotel Zurich in the Swiss financial capital. The property, owned by ZUFA Immobilien AG, is the second Sheraton hotel to open in the city, since its introduction over 40 years ago.The 197-room establishment features a large lobby lounge with fireplace, a 10th-floor club lounge, a restaurant, fitness center, and 600 square meters of event space including eight multifunctional rooms and a pre-function area.According to Michael Wale, President, Starwood Hotels & Resorts, Europe, Africa and Middle East, "The opening of Sheraton Zurich allows us to meet the growing demand for internationally-branded hotel accommodations in the city while offering a new gathering place for the local community and global travelers".This opening will be the 7th Starwood Hotels establishment in Switzerland.
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