Marriott has plans to double the number of its hotels in the asia-pacific area by the year 2020. Their goal is to cash in on the travel increase in China, so all of those hotels will be built in locations other than China.
They currently have 24 hotels in the region, and approved deals for 18 more already.
Craig Smith, the president and managing director Asia Pacific, Marriott International spoke about their plan.
“This is an extremely exciting time for Marriott as we significantly grow our footprint in the Australia, New Zealand and Pacific region, and continue to build on our leadership position in gateway markets. We currently have seven of our 30 brands represented here and we look forward to introducing more in the coming years.
“Growth in the region has been strong in recent years and we hope to build on that growth now that the Starwood deal has closed. We are growing an in-market development team, including specialist feasibility and architecture and construction capabilities, which will make a huge difference in our ability to respond to a high level of new project enquiry.
“Demand continues to be high from both consumers and developers, and with the wide variety of brands available, from mid-scale to luxury, we expect more great opportunities to brand further high-quality, international-standard hotels in the region.”