November 8, 2017 – PORTSMOUTH, NH
Marriott International, due in part to the acquisition of the Starwood brands, currently has the largest construction pipeline of any franchise company with 1,298 Projects/166,419 Rooms. Their largest brands in the Total Pipeline are: Fairfield Inn with 284 Projects/27,411 Rooms, Residence Inn with 189 Projects/23,605 Rooms and TownePlace Suites with 183 Projects/18,590 Rooms.
Marriott has the most rooms currently Under Construction with 516 Projects/69,721 Rooms, which represents almost 1/3 of all Pipeline rooms Under Construction. Additionally, they have the most rooms Scheduled to Start Construction in the Next 12 Months with 616 Projects/75,302 Rooms. Marriott also has 166 Projects/21,396 Rooms in Early Planning,
Marriott is forecasted to opened 257 new hotels with 32,886 rooms in 2017, accounting for 26% of all new hotels anticipated to open this year. The Marriott brands with the largest number of new hotels expected to open by year-end are Fairfield Inn with 70 Hotels/6,476 Rooms and Residence Inn with 37 Hotels/4,754 Rooms.