Growth & Development
Below are press releases relating to the topic of "growth and development."
The region continued meaningful expansion across all segments from midscale to all-inclusive, and residential to luxury; conversions remained a main driver of growth.
February 26, 2024
Marriott International Signs Agreement with Morogoro Mishama Company to Bring Le Méridien to Zanzibar
Le Méridien Zanzibar Resort will invite travelers around the world to ‘Savour the Good Life’ through the brand’s rich European heritage and chic signature programming
February 20, 2024
With Over 560 Open Hotels & Residential Projects in Asia Pacific Excluding China, Marriott International Saw Record Year of Net Rooms Growth and Signings in the Region
2023 marked a terrific year for Marriott International in the Asia Pacific Excluding China region with over 80 deals signed, adding approximately 18,000 rooms in the pipeline for this region
January 31, 2024
Just one year after announcing its intention to expand presence in premium and luxury apartment-style accommodations, Marriott has opened its first property in Puerto Rico and signed agreements in the United States, Italy, and Saudi Arabia
January 24, 2024
Net rooms grew 4.7% to over 1.597 million; company development pipeline ended 2023 at a record 573,000 rooms, an increase of 15 percent from the previous year
January 22, 2024
The Ritz-Carlton Yacht Collection Opens Reservations for Third Superyacht Luminara and Debuts New Summer 2025 Itineraries
The Ritz-Carlton Yacht Collection announces summer 2025 itineraries across its portfolio, including voyages for Ilma in Northern Europe, a first for the collection
January 10, 2024
Marriott International Signs Agreement to Bring the Ritz-Carlton and Marriott Hotels Brands to China National Convention Center in Beijing
Marriott International, Inc., recently announced that it has signed an agreement with Beijing North Star Company Limited to open the third The Ritz-Carlton and the first Marriott Marquis Hotel in Beijing.
January 3, 2024
Marriott International Signs Agreement to Debut St. Regis and AC Hotels by Marriott at China's Picturesque "Thousand Island Lake"
The St. Regis Qiandao Lake and AC Hotel by Marriott Qiandao Lake are slated to open in late 2026 in Zhejiang Province, Eastern China
December 18, 2023
Marriott International Redefines the Luxury Hospitality Landscape With a Strong Pipeline of One-of-a-kind Hotels & Resorts Set to Debut in 2024
Reaching its milestone 500th luxury hotel Marriott International’s unmatched global luxury footprint expands to the farthest reaches of the globe
December 7, 2023
Making Its All-inclusive Debut, Marriott Hotels Will Bring Unforgettable and Highly Experiential Adventures, Perfect for the Entire Family
As the All-Inclusive sector continues to thrive, Marriott Hotels will set itself apart bringing ‘Wonderful Hospitality. Always.’ to every aspect of the guest experience – from enriching artist workshops to lively poolside service
November 30, 2023