Marriott International has signed management agreements for seven additional hotels in China and aims to double its presence in the country in about five years.
Marriott’s largest market outside of North America is China where the company expects to have 60 hotels open across six brands by the end of this year, including eight flying the company’s Ritz-Carlton flag.
“China is arguably the world’s most compelling tourism market today. Its buoyant tourism industry will host 2.1 billion domestic and international tourists this year, an increase of 12 percent over 2009. Within the next 10 years, China is expected to be the world’s single largest source of international tourism and its number-one travel destination,” said J.W. Marriott Jr., chairman and chief executive officer of Marriott International.
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“We are excited to be part of this dynamic growth with our close partners in the Chinese real estate community who develop and own the hotels we operate under our brands, and we are tremendously pleased to add these seven properties to our pipeline in China. We look forward to expanding our presence in our signature full-service and Courtyard brands.”
• The 320-room luxury JW Marriott Hotel Dalian, owned by Liaoning Baocheng Real Estate Development Co., Ltd. (2013). When opened, the hotel will be Marriott’s first property in Dalian and ninth JW Marriott-branded hotel in China.
• The upscale 507-room Renaissance Sanya Resort & Spa, owned by Ranya Zhonggang Fishery Co., Ltd. (2011). When opened, it will be Marriott’s third property in the greater Sanya area.
• The deluxe 269-room Renaissance Zhuhai Hotel owned by Guangyi Real Estate Development Co., Ltd. (2013) It will open as Marriott’s first hotel in the city.
• The moderate-priced 260-room Courtyard by Marriott Fuzhou Hotel owned by Fuzhou Zhengfeng Real Estate. (2013) When opened, the hotel will be Marriott’s first property in Fuzhou.
• The moderate-priced 265-room Courtyard by Marriott Kunshan, owned by Kunchan Dongzhixin Real Estate Co., Ltd. (2011 When opened, it will be Marriott’s first hotel in Kunshan.
• The upscale 350-room Hangzhou Marriott Hotel, owned by affiliates of Hualian Holding, a subsidiary of China Union Development Group (2014) When opened, it will be the fourth Marriott International flagged hotel in the city.
• The upscale 330-room Shanghai Marriott Hotel Minhang, owned by an affiliate of Shanghai Minghjie Real Estate & Development Co., Ltd. (2015).
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