News, trends and tips for brand managers and reports on Marriott International brand strategy.
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Marriott Executive Apartments to open in Riyadh 21 May, 2012
Marriott International is slated open its first Marriott Executive Apartments branded hotel in the Kingdom of Saudi Arabia this May 2012, when the Marriott Executive Apartments Riyadh Makarim will be launched.More>>
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Loan deal for stalled Ritz-Carlton, Rancho Mirage extended 18 May, 2012
The Rancho Mirage city council has given a conditional extension to a $20-million loan deal with the developers of the stalled Ritz-Carlton hotel, My Desert reports. The loan had been set to expire June 1. The new agreement extends it to June 25, and if developer Rancho California Investments pays...More>>
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Smartphones transforming travel, says annual SpringHill Suites summer travel survey 18 May, 2012
Technology plays a big part in the results of SpringHill Suites' annual Vacation Attitude Survey. Nearly 75 percent of social media users said they will continue to use social media while on vacation, and survey participants said they use their smartphones to take photos and video, as alarm clocks,...More>>
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Malaysian REIT in talks to acquire three Marriott hotels in Australia 18 May, 2012
Malaysia's Starhill Real Estate Investment Trust has entered into talks to purchase three Marriott hotels from Colonial First State’s Commonwealth Property Hotel Fund.More>>
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Waterford Hotel Group managing new Courtyard by Marriott near Philadelphia 18 May, 2012
Waterford Hotel Group is managing the 125-room Courtyard Philadelphia Coatesville, which is owned by Coatesville Inn Associates, an affiliate of hotel developer Oliver Tyrone Pulver Corp. The hotel is part of a public-private 22-acre redevelopment project known as 30 West.More>>
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New Castle pens long-term management agreement for dual-branded Marriott development in Syracuse 18 May, 2012
The combination Residence Inn/Courtyard by Marriott project is currently under development by RHS Holdings and will be part of Syracuse's Armory Square district. With 78 guestrooms in the Residence Inn hotel and 102 guestrooms in the Courtyard by Marriott, this combination hotel, slated to open in...More>>
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Renaissance Hotels continues growth in China 17 May, 2012
Renaissance Guiyang Hotel opened. The hotel is located in Guiyang, Guizhou Province and represents the 15th Renaissance property to open in the country.More>>
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Renaissance Hotels opens first hotel in Pearl River Delta 15 May, 2012
Marriott International has announced the opening of the 342-room Renaissance Huizhou Hotel in China. The hotel opened under a long-term management agreement with Guangzhou R&F Properties Development Co., Ltd. an existing long-term partner.More>>
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Put options: It's rally time for big hotel brands 11 May, 2012
Yesterday, rallies by Marriott International, Starwood Hotels & Resorts Worldwide and Wyndham Worldwide led options traders to pay record-high prices to protect against losses, according to Bloomberg. “The leisure industry is being affected by concerns about Europe and the weaker U.S. jobs...More>>
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Ritz-Carlton and JW Marriott hotels to open in Macau 9 May, 2012
Marriott International and Galaxy Entertainment Group signed long-term management agreements for more than 1,300 rooms, suites and floating villas at two landmark luxury hotels operated by Marriott International brands to anchor the second phase of the Galaxy Macau: The Ritz-Carlton, Macau and the...More>>
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