Marriott International, which reported a total net income of US$387 million in the 2019 third quarter (compared to US$503 million in 2018 third quarter), is to open more than 30 luxury properties in the next year.
Marriott International, who owns world-renowned brands including The Ritz-Carlton, Ritz-Carlton Reserve, St. Regis Hotels & Resorts, W Hotels, The Luxury Collection, EDITION, JW Marriott and Bvlgari, has more than 420 hotels and resorts in nearly 65 countries and territories.
"We seek to be future forward, push boundaries, and continue to raise the bar by creating new, unexpected and enriching guest experiences"
Marriott, which announced it will spend US$500 million on female-owned businesses in August, has announced it will add more than 185 luxury hotels in locations that break into 15 new countries and territories from Iceland to Montenegro and the Philippines.
“Our plan to open more than 30 luxury properties in 2020 – an average of about three exciting new hotels per month – speaks to the remarkable momentum that brands such as St. Regis, The Ritz-Carlton and EDITION have with affluent travellers, our Marriott Bonvoy members and hotel developers around the world,” said Tony Capuano, EVP and Global Chief Development Officer, Marriott International. “Each year, our luxury portfolio continues to grow in both quality and quantity in strategic destinations around the world.”
The brand highlights for 2020:
- The Ritz-Carlton, Perth, Australia, the brand’s 100th property, opened its doors on 15 November
- Zadún, a Ritz-Carlton Reserve in Los Cabos, Mexico, brings the total number of Ritz-Carlton Reserve properties to four
- In 2020, new The Ritz-Carlton properties include The Ritz-Carlton Rabat, Dar es Salam in Morocco, The Ritz-Carlton, Nikko in Japan, The Ritz-Carlton, Paradise Valley overlooking Camelback Mountain in Scottsdale, Arizona, a hotel in Mexico City, and another in Nanjing, China. The Ritz-Carlton, South Beach in Miamai, Florida, will reopen in January after a major transformation of the physical hotel
The St Regis
- The St Regis opened in Venice, Italy, with a magnificent outdoor garden, on 16 October
- Upcoming properties include The St Regis in Cairo, The St Regis Kanai Resort in Riviera Maya, Mexico, and The St Regis Dubai, The Palm
- This year W Hotels opened in Dubai, Abu Dhabi, Muscat, Ibiza, Spain, and Aspen, the brand’s first alpine resort in the US
- Multi-million-dollar renovations are underway or have been completed at more than half the brand’s properties in North America, including W Washington DC and W San Francisco
- W New York – Union Square is set for a complete transformation
- The brand will soon welcome W Nashville to its portfolio
- 2020 openings include W Hotels in Philadelphia, US; Toronto, Canada; Chengdu, Sichuan, China; and Melbourne, Australia
- The brand will also debut the W Milan and W Rome in Italy
- The EDITION brand launched The Times Square EDITION in New York and The West Hollywood EDITION in Los Angeles in 2019
- In 2020 an EDITION hotel will be built in Reykjavik, Iceland
- The brand has 10 hotels in six countries and territories, with plans for development in Tokyo, Japan, and Dubai, United Arab Emirates
The Luxury Collection
- The Luxury Collection has 114 hotels in more than 30 countries and territories
- The brand opened in North Island, Seychelles, its first private island destination, and in Cyprus; Nanning in Guangxi, China; Buckinghamshire, UK; Kolkata, India and Cesme, İzmir, Turkey
- In the pipeline are hotels in Nashville, Texas, US; Budapest in Hungary, and Hobart, Australia
- The brand’s most recent hotel is the new JW Marriott Maldives Resort & Spa
- It’s expected to reach more than 115 hotels by 2022
- Next year, new openings will include Savannah, Orlando and Anaheim, with global openings in Istanbul, Turkey; Da Nang, Vietnam; Nara, Japan, Muscat, Oman, and Monterrey, Mexico
"Celebrating the distinct nature and individuality of our luxury brands, Marriott International offers a diverse variety of nuanced brand experiences that speak to the needs of the modern luxury traveller," said Tina Edmundson, Global Brand Officer and Luxury Portfolio Leader, Marriott International, in a statement.
"Across our luxury brands portfolio, we will continue to incubate innovation and apply fresh thinking, both at the brand level and across our individual hotels, as we seek to be future forward, push boundaries, and continue to raise the bar by creating new, unexpected and enriching guest experiences."
Marriott is coming off of a record year of growth in 2018 after signing management and franchise agreements for 816 properties totalling 125,000 rooms.