The 250-bedroom hotel, currently known as the Hoteli Dubrovacka Rivijera d.d, will become the brand's fourth property in Croatia and is set to open in the second quarter of 2015.
It houses one of the largest conference facilities along the Croatian Adriatic Coast with approximately 1,000sqm of meeting space.
The Dubrovnik Riviera is the most popular destination along the entire Croatian Adriatic coast, attracting nearly 800,000 tourists per year.
When it relaunches under the Sheraton brand, the hotel will feature signature Sheraton experiences, including the all-white Sheraton Sweet Sleeper beds, the Link@SheratonSM and the Sheraton Fitness by Core Performance. There will also be a Sheraton Shine Spa, an indoor and outdoor swimming pool, and a tennis court.
"We are pleased to expand into our third partnership with HUP Zagreb d.d. in Croatia and look forward to introducing the Sheraton brand into the growing European resort market of Dubrovnik," said Michael Wale, president, Starwood Hotels & Resorts, Europe, Africa and Middle East.
"Our expanding footprint in Croatia reflects the country’s continuing prominence as a travel destination, and the growing demand for strong, globally recognized hotel brands along the Adriatic Coast," he added.
Andelko Leko, CEO of HUP Zagreb commented: "Our long-standing partnership with Starwood, introducing the Westin and Sheraton brands into Zagreb, and now the Sheraton brand into Dubrovnik, has significantly influenced the development of the hotel industry across the country.
"The recognition of Starwood’s brands alongside HUP Zagreb’s professional team has contributed to making our hotels the centre of economic, political, and sporting events in Croatia. We are confident Sheraton Dubrovnik Riviera will be no exception."
Starwood Hotels & Resorts currently operates three hotels in Croatia; Le Meridien Lav in Split, Sheraton Zagreb Hotel and The Westin Zagreb.