Hotels: Home at Last

So that he would be sure to open his "100th" hotel—a nice, round, significant number—in Boston, Sheraton Hotels' Chairman Ernest Henderson designated recent acquisitions 99A and 99B. The subterfuge is excusable. Though he and a partner began the Sheraton chain in Boston 28 years ago, Henderson has kept so busy building hotels elsewhere that he never did get around to opening a new Sheraton in New England, contented himself with buying up other hotels (such as Boston's venerable Copley Plaza) and rechristening them.

This week Henderson finally gets what he wants. The $30...

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