Marriott To Add 57 New Hotels In Asia Over Next 4 Years
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Marriott To Add 57 New Hotels In Asia Over Next 4 Years
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Category: Asia Pacific - Industry economy
- Hotel projects
This is a press release selected by our editorial committee and published online for free on 2009-02-16
Marriott International Inc. (MAR) said Monday it plans to open 57 new hotels across Asia in the next 48 months, mostly in China and India, despite the global economic slowdown.
Marriott said in a statement it plans to open 21 new hotels in China, 24 in India and eight in Thailand in the coming four years.
"While we've experienced our most robust growth in China, India and Thailand have demonstrated significant strength in recent years," said Ed Fuller, president and managing director for international lodging at Marriott.
Those 57 new hotels will provide 15,510 guest rooms, it said.
Marriott operates 109 hotels, or 39,313 guest rooms, in Asia. The company operates more than 3,100 lodging properties globally.
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