Marriott to open 1700 hotels over next three years

by James Wilkinson

Marriott International has unveiled its three-year growth plan, which includes opening more than 1,700 hotels around the world.

Marriott says it will add between 275,000 and 295,000 rooms by 2021, supported by the strength of its record 478,000-room pipeline, including roughly 214,000 rooms already under construction.

Marriott’s growing pipeline of new hotels is fuelled by the strong profitability of its hotels, the broad selection of powerful brands available for development, its rich loyalty program, lower costs from the company’s meaningful scale, and the strong confidence of its owners and franchisees.