Group overview: Marriott plans to build nearly 1,000 new hotels [Construction Report]

by | 08 Oct 2020 | Chains

Global hotel giant Marriott International is continuing to grow its footprint at speed, according to the TOPHOTELPROJECTS construction database, especially in North America and Asia. 

Our research team has been closely tracking Marriott’s ambitious development plans and has identified no fewer than 963 new projects and 218,427 rooms in the company’s pipeline worldwide. We find out more about how these new properties will be distributed.

Openings galore at Marriott

The remainder of 2020 will be a busy time for Marriott. In Q4, the company plans to open 202 hotels with 44,764 rooms, of which 106 are currently in the pre-opening phase.

2021 will be the most happening year in the near future, however, with 316 properties and 66,980 rooms slated to go live. Another 187 projects with 45,035 will complete in 2022.

Looking further ahead, only 66 projects and 17,725 rooms are currently on the books for 2023, with 192 more schemes in the pipeline for 2024 and beyond.

507 of the group’s new hotels will be in the four-star segment, while 456 fall into the five-star category.

Marriott’s key growth regions

Marriott’s home, North America, will see the most openings across all regions – 383 properties with 80,999 rooms are being planned here. Nevertheless, Asia ranks a close second, with 371 projects and 90,289 rooms underway.

Europe comes in a very distant third place with 82 openings and 16,132 keys. The Middle East is next in line with 56 projects and 16,273 rooms, followed by Africa (48 hotels and 10,568 keys) and South America (23 properties with 4,166 rooms).

The top national and urban growth markets

As was perhaps to be expected, the US takes the lead in this category; 327 hotel projects with 67,998 keys are currently being progressed in the States. China comes in second with 244 scheduled openings and 62,744 rooms.

Japan and Australia follow with 26 and 20 new properties each. Next up, Mexico and India will both get 19 hotels, while 18 will open in Saudi Arabia. Further down the list, Marriott will expand by 15 properties in both the UK and Canada, and by 14 hotels in the UAE.

Moving on, New York and Atlanta lead the list of cities with the highest number of new Marriott properties earmarked, with 15 and 14 projects respectively. However, the Big Apple has the larger hotels underway with a total of 5,085 rooms versus just 2,317 keys in Atlanta. Sanya and Shenzhen in China will both get nine new hotels, incidentally, followed by Dubai with eight.

Marriott’s fastest growing hotel brands

Signature brand Marriott Hotels & Resorts tops the list with a pipeline of 113 projects and 31,780 rooms, while Courtyard by Marriott takes second place with 93 hotels and 17,724 keys. Sheraton Hotels & Resorts will expand by 67 hotels and 21,072 rooms, followed by Four Points by Sheraton, which will add 62 properties and 15,727 keys.

Elsewhere, Aloft Hotels is working on 61 projects with 9,756 rooms, which puts it just ahead of Fairfield Inn & Suites by Marriott with 60 additions and 9,742 rooms. And AC Hotels by Marriott will grow by 52 properties and 9,159 keys, while The Ritz-Carlton Hotels will add 51 hotels and 10,216 rooms to its portfolio.

Both Westin Hotels & Resorts and Element Hotels have 48 ongoing projects, with 14,269 and 8,443 keys respectively.

New Marriott properties to watch out for

In Australia, the 593-room W Sydney @ The Ribbon Darling Harbour will open its doors by mid-2021. It will be perched atop The Ribbon, an eye-catching 20-storey development by Hassell Architects, which will take over the home of a former Imax theatre. Apart from the luxury hotel and its guest amenities, the Ribbon will also house serviced apartments and a new and upgraded Imax.

In Nigeria, Renaissance Landmark Lagos Hotel will offer 216 stylish rooms from late 2022. Together with Marriott Executive Apartments Landmark Lagos, the hotel will be part of the Landmark Village precinct, a new mixed-use business, leisure and lifestyle development along the waterfront in Victoria Island, the city’s CBD. Hotel amenities will include local and international restaurants, a spa, a fitness centre and an infinity pool with access to a 100-metre-long boardwalk overlooking a beach club.

Lastly, in Atlanta, Georgia, the 161-key Bellyard will launch in Q2 2021. The name is derived from the area’s original name of West Midtown Bellwood and plays on the idea of the stockyard that used to be in the hotel’s place. Design elements are still being finalised, but one thing is already clear: all common areas, including the lobby, restaurant, bar and meeting spaces, will share a single floor.

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Many TOPHOTELNEWS articles draw on exclusive information contained in the TOPHOTELPROJECTS construction database. This subscription-based product includes the details of thousands of hotel projects around the world, along with the key decision-makers behind them. Please note, our data may differ from the records held by other organisations. Generally, the database focuses on four- and five-star schemes of significant scale; tracks projects in either the vision, pre-planning, planning, under-construction, pre-opening or newly opened phase; and covers newbuilds, extensions, refurbishment and conversions.

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ABOUT THE CHAIN

 

Marriott International is based in Bethesda, Maryland and encompasses a portfolio of more than 7,000 properties around the world.

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