Yes, Sheraton Hotels & Resorts is very much active and currently serves as one of the largest and most global brands under the Marriott International umbrella. As of 2026, Sheraton is undergoing a significant "brand transformation" aimed at modernizing its public spaces to serve as the "World's Gathering Place," focusing on open-concept lobbies and tech-integrated community tables. The brand operates over 430 hotels in nearly 75 countries, spanning from iconic urban landmarks in New York and London to sprawling beachfront resorts in Bali and the Maldives. Furthermore, Marriott has recently expanded the brand's reach with the "Four Points Flex by Sheraton" line, which is doubling its portfolio across Europe by the end of 2026 to target the affordable midscale segment. Far from disappearing, the Sheraton name is currently seeing a resurgence as a reliable, upper-upscale option for both business travelers and families seeking a consistent, high-quality "home away from home" experience globally.