With 24 hotels currently in operation and a pipeline of signed and approved deals totaling an additional 18 properties, Marriott is on track to grow to 50 hotels over the next four years across the region, which includes Australia, New Zealand, Samoa, Fiji and New Caledonia.
Marriott International is on track to hit a target of 50 hotels for its Australia, New Zealand and Pacific portfolio by the end of 2020.
With 24 hotels currently in operation and a pipeline of signed and approved deals totaling an additional 18 properties, Marriott is on track to grow to 50 hotels over the next four years across the region, which includes Australia, New Zealand, Samoa, Fiji and New Caledonia.
Said Craig S. Smith, president and managing director Asia Pacific, Marriott International, “Growth in the region has been strong in recent years and we hope to build on that growth now that the Starwood deal has closed.
“We are growing an in-market development team, including specialist feasibility and architecture, and construction capabilities, which will make a huge difference in our ability to respond to a high level of new project enquiry.”
Smith added, “Demand continues to be high from both consumers and developers, and with the wide variety of brands available, from mid-scale to luxury, we expect more great opportunities to brand further high quality, international-standard hotels in the region.”
Marriott International already has a strong market presence in the key gateway cities of Sydney, Melbourne, Perth and Brisbane, and will be entering emerging primary and secondary destinations.
Three additional brands, Aloft, W and The Ritz-Carlton are expected to be introduced to the region by the end of 2020, with the W Brisbane and Aloft Perth scheduled to open in 2017, followed by Aloft Melbourne South Yarra and Aloft Adelaide in 2019, and The Ritz-Carlton, Melbourne and The Ritz-Carlton, Perth slated for 2020.
Sean Hunt, recently appointed area vice president Australia, New Zealand and Pacific, Marriott International, added, “Australia is experiencing strong visitor arrival numbers and there is a significant shortage of hotel rooms in major cities around the country, in particular Sydney and Melbourne.
“Demand for quality accommodations is outstripping supply and despite having over 3,800 additional rooms already signed across Perth, Melbourne, Adelaide, Brisbane and Sydney, there’s still room for more.”