US hotel giant Marriott’s goal of 1,000 properties by 2020 in Asia-Pacific to be led by China and India
- Marriott International is ramping up its presence in Asia-Pacific by adding nearly 300 hotels in the region by the end of the decade
Marriott International is ramping up its presence in Asia-Pacific as it targets 1,000 properties in the region by 2020, with the US hotel operator identifying China, India and Southeast Asia as its growth drivers.
This year alone, the company expects to add about 100 new hotels or close to 20,000 rooms in the region.
Marriott said it is well positioned to capitalise on global travel trends in China, India and Indonesia, three of the world’s four most populated nations.
“As the world’s leading hospitality company, it is in our DNA to strive to be part of our guests’ favourite moments and memories,” Craig S. Smith, president and managing director of Marriott International Asia-Pacific, told the Hotel Investment Conference - South Asia in Hong Kong on Thursday.
Marriott’s portfolio in Asia-Pacific includes 710 properties in 23 countries and territories, where it operates 23 of its 30 global brands.