Marriott Development Update Asia Pacific
Marriott Expects to Open Roughly Two Hotels Per Week in the Asia Pacific Region in 2023
Marriott International Celebrates 1,000 Hotels in Asia Pacific
Marriott International Celebrates 1,000 Hotels in Asia Pacific
Marriott International, Inc. (NASDAQ: MAR) today announced its plans to further expand its portfolio across Asia Pacific, targeting to open its 1000th property in the region in late 2022.
Marriott Internationals current portfolio of 130 luxury hotels across ten countries and territories in Asia Pacific is poised to grow in 2019 with new openings from JW Marriott, The Ritz-Carlton, St. Regis, and The Luxury Collection.
The new hotels range from tranquil resorts such as the beachfront Weligama Bay Marriott Resort & Spa, which is the companys first hotel in Sri Lanka, to The Ritz-Carlton Haikou, which presents travelers with a new experience as Ritz-Carltons first golf resort in China.
Marriott International today unveiled plans to double its luxury presence in Asia Pacific by adding more than 100 luxury hotels to its current footprint of 113 luxury properties. Announced at the International Luxury Travel Market (ILTM) conference in Shanghai, this represents over half of the companys global growth in this category.
On the back of a strong first quarter, Marriott International (NASDAQ: MAR) today announced that 2017 is on track for a progressive year in Asia Pacific with nearly 80 hotels targeted to open, bringing 19,000 new rooms to the region.