middle east and africa portfolio

/Tag: middle east and africa portfolio

middle east and africa portfolio

Marriott International Expects to Add Nearly 20 Properties Under Its Middle East and Africa Portfolio in 2019

Marriott International | April 8, 2019

Marriott International today announced it expects to add 19 new properties and more than 3,000 rooms to its Middle East and Africa portfolio in 2019. Underpinning a strong demand for its diverse brands, the new additions are in line with the company's expansion plans to add more than 100 new properties and nearly 26,000 rooms across the region by the end of 2023. Marriott estimates its development pipeline through 2023 represents up to $8 billion of investment from property owners and is expected to generate over 20,000 new jobs across the region. "Our growth across the Middle East and Africa is fuelled by a strong demand for our divers...

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