8/15/2007

Four Points by Sheraton, owned by Starwood Hotels & Resorts Worldwide, will open three new properties in Asia, including two in China and its first in Tibet, all slated to open between 2007 and 2010. "The strong demand for moderately priced lodging coupled with the increase in domestic travel in many Asian markets is helping to propel the brand's growth to a level that is expected to rival that of Starwood's luxury and upper upscale brands," said Starwood's Asia-Pacific region president.

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