Marriott International will open nearly 100 hotels in Asia-Pacific in 2022


Ritz-Carlton Reserve Rendering in Jiuzhaigou


Marriott International;

Marriott International, Inc. (NASDAQ: MAR) today announced plans to expand its portfolio across Asia-Pacific, aiming to open its 1,000and property in the region at the end of 2022. The company expects to open nearly 100 properties in the region this year. With a vision to deliver exceptional and distinctive travel experiences, Marriott is committed to bringing the benefits of good travel to its guests, owners and communities in Asia Pacific.

Craig S. Smith, International Group President for Marriott International, said, “I am very pleased with our 2021 development results in Asia Pacific. We have worked closely with our owners over the past two years to meet the challenges posed by the pandemic, adapt quickly and grow. Last year in Asia Pacific, we signed an average of two new development deals per week, with deals signed in 13 different markets across the region. This year, we expect to continue to drive demand and growth, which is a testament to our talented teams committed to operational excellence and the relationships we have with the customers we are privileged to serve and developers, owners, franchisees and partners that we are honored to do business with.

In line with the company’s recent update on key trends shaping hospitality development, Asia-Pacific is seeing similar trends driving Marriott to further expand in the region.

Luxury demand continues to soar in Greater China
According to a study by ILTM Asia Pacific, Greater China’s affluent population contributes half of Asia-Pacific’s total spending on airfare and accommodation. Affluent travelers from Greater China continue to seek luxury trips to new and emerging destinations. Greater China remains a growth engine for the company, as it accounts for more than half of the company’s planned luxury openings in Asia Pacific in 2022. Ritz-Carlton Reserve plans to expand its highly curated portfolio in Greater China, launching its first rare domain in the historic Jiuzhaigou Valley Later this year. Additional luxury openings planned for 2022 include JW Marriott Hotel Changsha and W Macau – Studio City.

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Demand for leisure paves the way for the resumption of travel
Research from the World Travel & Tourism Council (WTTC) suggests that demand for leisure travel has exploded at an accelerating rate. In 2022, as leisure demand continues to outpace business travel, Marriott is poised to expand its presence in multiple leisure destinations. In South Korea, the company plans to bring its JW Marriott brand to Jeju with the opening of JW Marriott Jeju Resort & Spa in May 2022. The planned opening of Western Sydney late 2022 will mark the third W hotel in Australia.

With wellness and wellness remaining a constant priority for many travelers, the company’s leading wellness brand, Westin Hotels & Resorts, is set to celebrate two new debuts in Yokohama and Cam Ranh in 2022.

Some service brands are consolidating their position in Asia-Pacific
Marriott’s select services portfolio drives growth, offering a wide range of amenities and offerings across well-established brands such as Courtyard by Marriott, Fairfield by Marriott, Four Points by Sheraton, AC Hotels and Moxy Hotels. In Greater China, the openings of select service hotels will further expand consumers’ travel choices, offering guests a diverse range of experiences in emerging Chinese destinations. Four Points by Sheraton plans to continue growing with five planned openings throughout the year, while Moxy Hotels plans to continue sharing its playful spirit in destinations such as Suzhou and Xi’an.

Outside of Greater China, the company plans to launch its AC Hotels brand in Korea with Hotel AC Seoul Gangnam and in Australia with AC Melbourne South Bank Hotel. In Japan, Fairfield by Marriott plans to continue to strengthen its presence with the opening of six new properties in Nara, Hokkaido and Hyogo along the “Michi-no-Eki” bus terminals aimed at revitalizing the country’s local tourist sites and well-hidden rural destinations. .

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