The origins of Sheraton® date back to 1937 when the company's founders, Ernest Henderson and Robert Moore, acquired their first hotel in Springfield, Massachusetts. Within two years, they purchased three hotels in Boston and soon expanded their holdings to include properties from Maine to Florida. At the end of its first decade, Sheraton had proven so popular and had become such a relied-upon brand that it was the first hotel chain to be listed on the New York Stock Exchange.
Sheraton expanded internationally in 1949 with the purchase of two Canadian hotel chains and grew rapidly around the world. The 1960s saw the first Sheraton hotels in Latin America and the Middle East and, by 1965, the 100th Sheraton opened its doors. Sheraton reached a milestone in 1985 as the first international hotel chain to operate a hotel in the People's Republic of China. In April of 1995, Sheraton introduced Four Points® by Sheraton® Hotels, a new, mid-scale hotel brand offering a full-service hotel experience at a competitive price.
In 1998, Starwood® Hotels & Resorts Worldwide, Inc. acquired Sheraton. One of the leading hotel companies in the world, Starwood's other brands include Sheraton® Hotels & Resorts, Four Points by Sheraton Hotels, St. Regis® Hotels & Resorts, The Luxury Collection®, Le Méridien®, W Hotels®, and Westin Hotels & Resorts®.
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