Marriott to Introduce Over 30 Hotels Across the World in the Year 2019
In 2019, Marriott International, the renowned hospitality giant, unveiled plans to open over 30 high-end properties, amplifying their global impact on luxury travel. Their lineup consists of eight elite brands - The Ritz-Carlton, Ritz-Carlton Reserve, St. Regis, W, The Luxury Collection, EDITION, JW Marriott, and Bulgari. Their objective: providing extraordinary experiences tailored to the evolving luxury traveler.
One notable establishment under the JW Marriott umbrella during this year was the Grosvenor House in London. This illustrious five-star hotel, nestled in Mayfair on Park Lane, celebrated its 90th birthday and continued offering unparalleled luxury to its guests, including celebrities and royalty.
Marriott's luxury expansion strategy is anything but timid, expanding its presence in the luxury residential and hotel market worldwide. Although specific 2019 luxury hotel openings aren't detailed, Marriott's ambitions were undoubtedly sky-high. By 2018, they announced plans to launch nearly 40 luxury hotels targeting the affluent travel enthusiast ecosystem, focusing on transformative travel experiences.
Recently, Marriott has signed agreements for extravagant residential developments in prime locations like Detroit, Muskoka, Costa Rica, and Jeddah. These projects form part of Marriott’s branded residences portfolio, which, in the last five years, has grown by nearly 60%, generating $7.2 billion in residential sales revenue for third-party developers across 17 brands in 50 countries and territories. Marriott continues to aim for a doubling of their branded residences portfolio, indicating robust ongoing growth in luxury properties across key global markets.
In essence, Marriott International remains steadfast in its mission to expand its luxury hospitality and branded residences worldwide. From London to emerging destinations such as Sri Lanka, Bermuda, Morocco, and Kenya, the openings and development pipeline promise an exciting future for discerning travelers eager for luxury experiences.
The expansion of Marriott International's luxury portfolio is not limited to established markets; their plans alsoinclude opening properties in emerging destinations such as Sri Lanka, Bermuda, Morocco, and Kenya, caters to travelers seeking luxury experiences in diverse locations. Furthermore, with the development of branded residences in prime locations like Sri Lanka, the company aims to provide its guests with a lifestyle immersed in luxury for their travel and residence.
