News for the Hospitality Executive
BETHESDA, Md., June 6, 2011 -- Marriott International's (NYSE: MAR) signature brand, Marriott Hotels & Resorts, announced today its global pipeline of nearly 50 new hotels and resorts to open in the next four years, representing a multi-billion dollar investment in the brand by owners and franchisees worldwide. With more than 500 hotels and 180,000 rooms currently open in 54 countries, Marriott Hotels & Resorts is the company's most widely distributed brand, with a concentration of hotels in the U.S., U.K., Canada, Europe, China and Mexico. Hotels under development will be mostly in emerging business and leisure destinations, with 24 hotels in the Asia/Pacific region, nine in the Middle East/Africa, four in Europe and 12 in the Americas.
"We are thrilled to announce this major growth trajectory of new hotels, each with its own unique design and sense of place but the same high standard of service and amenities that Marriott Hotels & Resorts provides to discerning and high-achieving business, meeting and leisure travelers worldwide," said Paul Cahill, senior vice president, brand management for Marriott Hotels & Resorts. "Look for our hotels and resorts in many emerging business and leisure destinations, such as Jaipur, Cartagena, Algiers, Marrakech, Accra (Ghana), Kigali (Rwanda) and Vietnam."
The brand is also featuring new designs to its lobbies, restaurants, fitness facilities and guest rooms. The most remarkable new amenity is the new, reinvented Marriott Hotels & Resorts lobby. The social center of every hotel, this versatile, multi-purpose space allows guests to meet friends and colleagues, grab a bite to eat, plug in their devices and work either in small groups or alone but still be close to the action – any time of the day or night.
The following six hotels are expected to open this year:
Marriott Hotels & Resorts expects to grow in emerging business and leisure travel destinations around the globe. In the Asia/Pacific, these include Nha Trang , on Vietnam's central coast, with one of the world's most beautiful bays; Hoi An , at Cua Dai Beach on the South China Sea in Vietnam, in close proximity to three UNESCO World Heritage sites and Da Nang International Airport; and Xi'an, in mid-west China, one of Four Great Ancient Capitals, and home to the famous Terracotta Army, dating back to 210 B.C., and discovered in Xi'an.
In the South America, Marriott properties are under development in Cartagena, Colombia, on the Caribbean Sea, and in Guyana's capital city of Georgetown.
In Europe, hotels are under development in Espoo, Finland's second largest city, and one of the fastest growing areas in the EU, just 10 minutes' drive from Helsinki; in dynamic and modern Krasnodar, Russia, situated on the River Kuban, 120 km north of the Black Sea; and in Skopje, Macedonia's ancient political, economic and cultural center with a mix of cultures -- from Roman to Byzantine, Ottoman to Yugoslav.
In the Middle East/Africa, Marriott Hotels & Resorts are planned for Algiers ; in Accra, Marriott International's first hotel in Ghana and in sub-Saharan Africa; in Marrakech, one of the four imperial cities in Morocco, dating back to the ninth century; and in Kigali, the company's first in Rwanda, with a fast growing knowledge-based economy and a niche in eco-tourism.
The Americas (12 hotels)
Visit Marriott International, Inc (NYSE: MAR) for company information. For more information or reservations, please visit our website at www.marriott.com , and for the latest company news, visit www.marriottnewscenter.com
Note on forward-looking statements: This press release contains "forward-looking statements" within the meaning of federal securities laws, including statements concerning the number of lodging properties we expect to add in the future, the locations of those properties, the year in which particular properties will open, and similar statements concerning anticipated future events and expectations that are not historical facts. We caution you that these statements are not guarantees of future performance and are subject to numerous risks and uncertainties, including those we identify below and other risk factors that we identify in Marriott International, Inc.'s most recent quarterly report on Form 10-Q. These risks include changes in market conditions; the continuation and pace of the economic recovery; supply and demand changes for hotel rooms; competitive conditions in the lodging industry; relationships with clients and property owners; and the availability of capital to finance hotel growth and refurbishment. Any of these factors could cause actual results to differ materially from the expectations we express or imply in this press release. We make these forward-looking statements as of the date of this press release, and undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
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