Marriott renews APAC commitment as 800th property launches [Construction Report]

by | 01 Aug 2020 | Chains

Marriott International has expressed confidence in the prospects for Asia-Pacific’s hotels following the opening of a milestone property in the region, the JW Marriott Nara in Japan.

A senior figure at Marriott has delivered an upbeat assessment of what the future may hold as the company expands its presence in the Land of the Rising Sun. We take a closer look at the hotel giant’s plans.

Marriott doubles down in APAC

Marriott seems to be forging full steam ahead with efforts to expand its reach in the APAC region, not least by opening the JW Marriott Nara, its 800th hotel in the region. Located on the edge of a 1,300-year-old garden set on former royal palace gardens, the property boasts 158 rooms and is JW Marriott’s first offering in Japan.

Craig S Smith, group president, Asia Pacific for Marriott International, said: “We remain confident in the resilience of travel, our owners and franchisees, guests and associates as well as the future prospects of lodging in Asia Pacific, our second largest market. We are encouraged by recent trends, especially in China, where demand has been driven primarily by domestic tourism, and we will continue to focus on strengthening our footprint in this important, growing market.”

More hotel development in the pipeline

Following hot on the heels of the JW Marriott Nara, Marriott is also planning to open Edition and Aloft hotels in Japan later this year. The group has on average added nearly 80 hotels per year to the APAC region in the last three years, while its pipeline has grown by almost 10% annually over the same period.

In the first half of 2020, for instance, the company notched up 73 new signings in APAC, including 43 in the Greater China region – a sure sign that Covid19 hasn’t completely derailed the international hospitality market. Marriott in APAC has also witnessed a 20% increase in the number of conversion hotels added to its portfolio on an annual basis.

Paul Foskey, chief development officer, Marriott International, Asia Pacific, added: “Our owners and franchisees trust and choose Marriott International because of our overall reputation for product quality, our powerful and differentiated portfolio of brands, our Marriott Bonvoy loyalty program with more than 142 million global members, and our proven track record of operational excellence.”

FREE MARRIOTT REPORT

You would like to know more about the upcoming hotel projects by Marriott? Download our latest construction report with a detailed overview of the current project pipeline.

 

ABOUT THE CHAIN

 

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

MORE NEWS

 

Brand overview: Novotel to grow by 70 hotels
2021 hotlist: IHG’s top five hotel openings
2021 hotlist: Hilton Worldwide’s top five hotel openings
2021 hotlist: Marriott International’s top five hotel openings
Brand overview: Sheraton planning 20,000-room expansion
Group overview: Choice rapidly building up US footprint [Infographic]
Whitbread snaps up 13 more sites in Germany
Aimbridge names new president and CEO
Brand overview: Hampton by Hilton to grow by 125 hotels [Infographic]
Top five most-read stories of 2020: Radisson Hotel Group
Top five most-read stories of 2020: Hyatt Hotels Corporation
Top five most-read stories of 2020: IHG
Top five most-read stories of 2020: Accor
Group overview: Radisson to grow by nearly 46,000 rooms [Construction Report]
Top five most-read stories of 2020: Hilton Worldwide
Top five most-read stories of 2020: Marriott International
Deutsche Hospitality to expand into China with two Steigenberger hotels
Brand overview: Moxy to add nearly 14,000 rooms worldwide [Infographic]
New independent lifestyle hotel collection launches with over 120 properties
Group overview: IHG to grow by 95,000 rooms worldwide [Construction Report]

FIND HOTEL PROJECTS AND KEY DECISION-MAKERS

With the online database TOPHOTELCONSTUCTION you will have access to +6,000 hotel projects and all relevant decision-maker contacts.

LEARN MORE

Pin It on Pinterest