Marriott Unveils Major Expansion Plans
FEBRUARY 27, 2009 - Marriott has announced aggressive global expansion plans, including new properties in the Caribbean, China, India, Thailand and Marriott Executive Apartments in the Middle East.
Marriott International's pipeline of hotels under construction, awaiting conversion or approved for development currently totals approximately 130,000 rooms worldwide. The company expects its worldwide system to encompass nearly 600,000 rooms by year-end 2009.
The growth plans for Marriott International till 2014 include 17 new properties in the UAE, 9 in Saudi Arabia, three in Qatar, one in Bahrain, one in Egypt, one in Algeria besides 19 new hotels in China, 23 in India, 8 in Thailand, 5 in the Caribbean and Latin America, 5 in France, 6 in the UK and 6 in Mexico, among others.
Marriott Executive Apartments - the upscale serviced apartment brand of Marriott International - will nearly double in size in the next 36 months, to respond to a growing need in many emerging markets for long-term stay lodging for executive expatriates needing spacious housing and hotel amenities.
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
