Marriott plots Au growth

Marriott plots Au growth

MARRIOTT Int’l is plotting a “tremendous amount of growth,” with plans to double its number of hotels in Australia.

The company has 18 properties operating in Australia and 18 more set to open by 2022 and in 2018 will introduce 80 new hotels across the Asia Pacific region.

The expansion is under a plan to expand from 640 hotels in the Asia Pacific region today to 1,000 by 2020, vice pres global sales Asia Pacific Ramesh Daryanani told Travel Daily yesterday.

“We feel very bullish about our expansion in the Asia-Pacific region and globally,” he said.

Daryanani explained the expansion is fuelled by overall economic stability which has driven demand – particularly from the emerging markets of China and India.

“If hotels are able to deliver great experiences, are in the right location and have great product, they will continue to succeed,” he said.

In the local market, Daryanani confirmed Marriott had “a few hotel deals in the works, assuring “Sydney will see new supply come in because the market is seeing more demand both on the corporate side as well as the leisure side”.

Marriott International opened The Westin Perth in May, which Daryanani said had experienced “a phenomenal start”.

“The city has seen over 2,000 rooms come through over the last few years so there is supply coming in, but I also see there is demand coming in as well,” Daryanani said.

Marriott Int’l will open a Four Points by Sheraton Auckland in Jun, Four Points by Sheraton Sydney, Central Park in Aug & The Westin Brisbane in Nov.

Source: traveldaily