Marriott eyes Asia Pacific expansion

By TIN Media | Hospitality Published 3 years ago on 20 January 2021
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MALAYSIA:

Marriott International plans to open 100 properties in the Asia Pacific in 2021 bringing more brands to the region.

In 2020, the company marked its 800th hotel opening in the region with 75 properties added to its portfolio during the year. Nearly 27,000 rooms were added to the development pipeline in 2020 alone, in addition to the signing of Marriott’s largest branded residences project with close to 4,200 units.

Greater China has led the global recovery to date, and the company expects to soon celebrate its 400th hotel in Greater China and its 50th hotel in Shanghai with the opening of JW Marriott Shanghai Fengxian in spring 2021.

According to a joint report by consultancy Bain & Co. and Alibaba’s Tmall Luxury unit, Mainland China is on track to become the world’s largest personal luxury market by 2025 even seeing year-over-year domestic growth in 2020 despite the pandemic.

To leverage this trend, Marriott International continues to strengthen its luxury portfolio with expected openings in 2021 such as W Changsha, W Xiamen, St. Regis Qingdao and The Ritz-Carlton Reserve Jiuzhaigou. With the anticipated opening of the Ritz-Carlton Reserve, China will be the first country in the Asia Pacific to house all of Marriott International’s luxury hallmarks.

Marriott’s leisure bookings in China have been particularly strong, up over 25% year over year in the third quarter in Mainland China, demonstrating the resiliency of demand once consumers are comfortable that the virus is under control and restrictions can safely be lifted. The company is introducing more travel experiences across its brand portfolio, including at popular leisure destinations such as Mianyang in the Sichuan province with the expected opening of Sheraton Mianyang, as well in the culturally-rich destination of Nanjing with the anticipated opening of The Westin Nanjing Resort & Spa.

Beyond Greater China, Marriott International continues to strengthen its footprint, with several expected brand debuts across the Asia Pacific in 2021. In Japan, W Hotels is expected to debut with the opening of W Osaka, while The Luxury Collection is also slated to debut in Australia with the opening of The Tasman in Hobart. The iconic Ritz-Carlton brand is expected to celebrate its debut in the leading resort destination of Maldives in early summer, bringing legendary service to the picture-perfect archipelago.

Further expanding Marriott’s presence in breathtaking resort destinations, the JW Marriott brand is slated to bring its warm luxury experience to Jeju Island in South Korea with the planned opening of JW Marriott Jeju in late 2021. The company’s signature wellness brand, Westin, is also highly anticipated to debut in one of India’s top beach destinations, Goa, this summer.

To support domestic travel in Japan, the company plans to open six additional Fairfield by Marriott hotels throughout 2021 along ‘Michi-no-Eki’ roadside stations aimed at revitalizing the country’s local sightseeing spots. Japan expects to have more than 30 Fairfield by Marriott hotels by the end of 2023. Touted as one of the best cities in the world for art, culture, music and food, Australia’s Melbourne is expected to see the opening of the country’s second W Hotel with W Melbourne in spring and the opening of Melbourne Marriott Hotel Docklands in early 2021.


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