Starwood Capital Group plans to close the Sheraton Yankee Trader Hotel in Fort Lauderdale, Fla., for a complete renovation.
The hotel, located on Fort Lauderdale Beach, will close June 1 for a property-wide facelift and reopen in February 2009 as The Westin Fort Lauderdale Beach Resort.
The new Westin will offer 32,000 square feet of meeting space and a 3,900-square-foot terrace.
