Marriott International News

The journey of the largest hotel chain in the world, Marriott International, Inc. – now with more than seven thousand hotel, residential, and timeshare properties – began with a root-beer stand in Washington, D.C. in 1927 started by J. Willard and Alice S. Marriott. Following its $13.3 billion acquisition of Starwood Hotels & Resorts in 2016, it became the largest global hotel company. It currently commands a mammoth portfolio of more than two dozen hotel brands such as JW Marriott Hotels, The Ritz-Carlton, The Luxury Collection, Delta Hotels, Marriott Vacation Club, Le Méridien, Sheraton Hotels and Resorts, Courtyard, Fairfield, and W Hotels. Its properties contain nearly a million and a half rooms worldwide. Through its premier loyalty program Bonvoy, it is engaged in partnerships with the likes of United Airlines, Uber, American Express, Hertz, and others to optimize customer engagement.

For Daily Lodging Report Subscribers launch

State of Global Hotel Construction Pipeline for Q4 Year End

Lodging Econometrics released its Q4 year-end Global Construction Pipeline Trend Report. At the close of 2022, LE analysts state that the total global construction pipeline stands at 14,267 projects with 2,298,846 rooms.
For Daily Lodging Report Subscribers launch

Marriott’s Executive Reshuffling

Marriott International, Inc. announced its organizational structure and executive appointments designed to tap its talented leadership bench and accelerate the company’s growth.
For Daily Lodging Report Subscribers launch

Marriott’s India RevPAR at 120% of 2019

Marriott International said India was the strongest market to recover within Asia Pacific with the exception of Greater China last year.
For Daily Lodging Report Subscribers launch

Philippines Hotels Topped Pre-Pandemic Occupancy Rates in January

The Philippines Hotel Sales and Marketing Association said hotels in the country remain optimistic of the industry’s performance this year as the average occupancy has already surpassed pre-pandemic levels.