Marriott Expects Rapid Growth in Asia

Marriott plans to double its portfolio in the Asia-Pacific region By: Kelly Rosenfeld
Marriott will bring its Edition brand to Bangkok. // © 2012 Thinkstock
Marriott will bring its Edition brand to Bangkok. // © 2012 Thinkstock

Marriott International, Inc. has announced that it expects to more than double its portfolio in the Asia-Pacific region over the next few years. The company currently has 132 hotels open in Asia and, with a pipeline of signed and approved deals totaling an additional 143 properties, it expects to grow to at least 265 hotels by 2016.

“We are delighted with our growth in the region and believe it is a great testament to the popularity of our brands and the quality of our hotels in Asia that we expect to double in size by 2016,” said Simon Cooper, Marriott International’s president and managing director in Asia. “We have seen great growth across our portfolio and expect to be launching new brands in the region soon, with the introduction of Fairfield by Marriott in India next year and the launch of our Edition brand in Bangkok in 2014. We expect to grow dynamically but sustainably in Asia for many more years to come.” www.marriott.com

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