Marriott International News Page 59
Hotel Investment Conference in Africa heads for Casablanca
Africa now ranks among the fastest growing economic regions in the world, according to a recent report by the McKinsey Global Institute. The hotel sector reflects this exciting trend with established and international brands and developers entering the marketplace and developing their opportunities with long term growth prospects, including: Hilton Worldwide, Marriott International and The Rezidor Hotel Group.
Marriott 40 Years of innovation yields $1.3 billion in annual property revenue
Marriott’s first reservation center handles 7 million calls a year.
Marriott Andrea Padilla named to Internationalist’s Latin American 50
Designation honors the top talent in the region.
Marriott’s Autograph Collection continues to grow in Europe
Autograph Collection, Marriott International’s fastest growing brand, has announced that six luxury Boscolo Hotels will join the collection in Europe.
Marriott sees second quarter profit rise
Marriott International has reported an increase in quarterly earnings in line with analyst estimates. Maryland-based Marriott said second-quarter net income rose to $135 million, or 37 cents per share from $119 million, or 31 cents per share, in the same period a year ago.
Marriott outlines Panama pacific coast plans
Marriott Hotels has plans to develop the 180-room Casamar Marriott Panama Resort within the Casamar master-planned resort community on Panama’s Pacific coast. It will be the hotel chain’s first property in the country outside capital Panama City.
Marriott moves into Iraq with two new hotels
As tourism in the country continues to find its feet following years in the wilderness, Marriott has offered a huge boost to Iraq with the signing of an agreement with Empire Iraq to manage two hotels in Erbil.
Marriott opens landmark Jaipur Marriott in India
Marriott International brought its signature Marriott Hotels & Resorts brand to India’s state of Rajasthan with the opening of the 365-room Jaipur Marriott Hotel.
President & COO of Marriott International visits Egypt
Mr. Arne Sorenson. President & COO of Marriott International arrived in Cairo for a short visit to Egypt during which he toured some Marriott International hotels and projects in Egypt.
Marriott International Continues Expansion in Latin America in Panama
Marriott International announced the opening of its third hotel in Panama, the 120-room Courtyard Panama City MetroMall. This is the second Courtyard by Marriott hotel in Panama, being developed and operated by Real Hotels and Resorts of El Salvador.
St. Pancras Renaissance Hotel London Opens
Renaissance Hotels celebrated the official grand opening of the much-anticipated St. Pancras Renaissance Hotel in London’s King Cross. The event marks the completion of an impressive £150 million restoration and the rebirth of the original hotel, one of London’s most iconic hotels and now. The newest gem in the Renaissance Hotels global portfolio of 150 hotels
Marriott moves Residence Inn into Bahrain
Marriott International has confirmed plans to introduce its Residence Inn into Bahrain later this year, under a long term management agreement with International Trading & Investment. The 78-unit extended lodging property will open in the Juffair district of Manama and will be the first Residence Inn-branded property in the Middle East.