Waterton to Manage Sheraton Madison Hotel in Madison, Wisconsin

MADISON, WIS. — Waterton will manage the Sheraton Madison Hotel following the company’s recent sale of the property. The hotel’s new owner, DeFoor Brothers Development, purchased the property from a joint venture of Waterton and Marcus Hotels & Resorts, its previous manager. Located at 706 John Nolen Drive, the eight-story Sheraton is 2.5 miles from the University of Wisconsin-Madison campus. Built in 1972, the Sheraton will undergo a multimillion-dollar renovation that will update both guestrooms and corridors. The initial phase is scheduled to begin in August, with completion slated for late 2017. A subsequent phase in early 2018 will update the lobby, restaurant and bar areas. Hotel amenities include an indoor pool and whirlpool/hot tub, fitness center, computer workstations and Sheraton Club Lounge.