News for the Hospitality Executive
Marriott International Signs 21 Management Contracts
for Hotels in the Asia-Pacific Region
Marriott's First Hotel in Asia-Pacific
Opened 20 Years ago -
the JW Marriott Hotel Hong Kong
• Two luxurious JW Marriott Hotels & Resorts-branded properties in Dalian and Sanya, China. They will join nine previously announced JW Marriott hotels under construction, including the recently announced 450-room JW Marriott Hotel Hanoi and the 106-villa JW Marriott Maldives Gaaskoshibee Resort & Spa which opens in fourth quarter of 2010.“We are excited by these spectacular, architecturally interesting additions to our already dynamic Asia-Pacific pipeline especially since this growth is occurring in the context of the difficult global economy and tight credit markets,” said Ed Fuller, president & managing director of international lodging. “Clearly, these new hotels are testament to the recognized power of our brands to deliver results even under challenging conditions and to the success our existing hotels are enjoying in the region.”
Mr. Fuller said that each of Marriott International’s hotels in Asia-Pacific ranks at or near the top of its competitive set in customer preference, guest satisfaction and operating results.
“When developers consider a hotel management company for their asset, they know Marriott will deliver,” he said. “We are confident the portfolio of lodging choices we are developing with our local investors and partners here in Asia will be recognized and appreciated for their cosmopolitan amenities, sophistication, state-of-the-art connectivity, inspiring authenticity and good value—whether at the luxury, upscale or upper-moderate tiers of the travel continuum. We are deeply gratified by the acceptance our various hotel brands are enjoying among Asian travelers and those traveling to Asia-Pacific from afar.”
Mr. Fuller concluded, “We’ve made considerable progress since opening our first hotel in Asia-Pacific just 20 years ago here with the JW Marriott Hotel Hong Kong.”
NOTE: Statements about the locations and number of new hotels to be opened and their anticipated completion and opening dates are "forward looking statements" within the meaning of federal securities laws, and are subject to a number of risks and uncertainties, including those described in Marriott International, Inc.'s filings with the U.S. Securities and Exchange Commission, which could cause the actual number of new hotels or their completion or opening dates to be different than expected.
Marriott International is a leading lodging company with more than 3,200 lodging properties in 66 countries and territories. Marriott International operates and franchises hotels under the Marriott, JW Marriott, The Ritz-Carlton, Renaissance, Residence Inn, Courtyard, TownePlace Suites, Fairfield Inn, SpringHill Suites and Bulgari brand names; develops and operates vacation ownership resorts under the Marriott Vacation Club, The Ritz-Carlton Destination Club and Grand Residences by Marriott brands; operates Marriott Executive Apartments and provides furnished corporate housing through its ExecuStay division; and operates conference centers. The company is headquartered in Bethesda, Maryland, USA and had approximately 146,000 employees at 2008 yearend. It is recognized by Business Week as one of the 100 best global brands, by FORTUNE as one of the best companies to work for, and by the U.S. Environmental Protection Agency (EPA) as Partner of the Year since 2004. In fiscal year 2008, Marriott International reported sales from continuing operations of nearly $13 billion. For more information or reservations, please visit our web site at www.marriott.com.
|Also See:||Marriott International Sees Asia as World’s Most Robust and Dynamic Market / Steve Shellum / May 2005|