Double portfolio in Asia-Pacific by 2016 - Marriott International

Beijing – Marriott International expects to more than double the size of its portfolio in Asia-Pacific from currently 132 hotels to 265 properties by 2016 with a pipeline of signed and approved deals now totaling 143. 

Simon Cooper, Marriott International's president and managing director in Asia, said: "We have seen great growth across our portfolio and expect to be launching new brands in the region soon, with the introduction of Fairfield by Marriott in India next year and the launch of our EDITION brand in Bangkok in 2014." 

In India, 23 hotels with Marriott International's brands are already under construction and the company is likely to grow from 15 hotels to 50-plus hotels in the next few years. 

Click to Visit : All hotels in around the Asia...

In China, with 127 open and signed hotels, the company expects to open on average one hotel per month for the next five years and to cover 24 of the 34 Chinese provinces, up from 11 now. 

"While China and India are the driving forces for our business in Asia, we are also seeing growth with new signings and openings in Indonesia, Japan, Malaysia, Vietnam and elsewhere in the region," said Cooper. 

Across Asia, the company signed a record-breaking 13 new hotel deals in August alone. These include a luxury Bulgari hotel in Shanghai, Courtyard by Marriott Amritsar, a Marriott resort in picturesque Dali, a Marriott in Hengyang, and a Renaissance hotel in Xuzhou.


Post a Comment