Marriot Signs 21 More Hotel-Management Deals In Asia-Pacific
September 09 2009 - 12:20AM
Dow Jones News
Marriott International Inc. (MAR) said Wednesday it signed 21
more management deals across the Asia-Pacific region, in a bid to
speed up the expansion of its hotel portfolio in the region.
The 21 hotels in China, India, Thailand, the Philippines and
Cambodia are slated to open through the end of 2013 and will add
nearly 7,000 rooms to the hotel operator's earlier-announced
Asia-Pacific pipeline of 37 hotels and 9,400 rooms.
When opened, all 58 hotels will bring the company's presence in
the region to 154 hotels offering 51,500 rooms in 18 countries.
-By Jackie Cheung, Dow Jones Newswires; 852-2802-7002;
jackie.cheung@dowjones.com