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Marriott International News

The journey of the largest hotel chain in the world, Marriott International, Inc. – now with more than seven thousand hotel, residential, and timeshare properties – began with a root-beer stand in Washington, D.C. in 1927 started by J. Willard and Alice S. Marriott. Following its $13.3 billion acquisition of Starwood Hotels & Resorts in 2016, it became the largest global hotel company. It currently commands a mammoth portfolio of more than two dozen hotel brands such as JW Marriott Hotels, The Ritz-Carlton, The Luxury Collection, Delta Hotels, Marriott Vacation Club, Le Méridien, Sheraton Hotels and Resorts, Courtyard, Fairfield, and W Hotels. Its properties contain nearly a million and a half rooms worldwide. Through its premier loyalty program Bonvoy, it is engaged in partnerships with the likes of United Airlines, Uber, American Express, Hertz, and others to optimize customer engagement.

News Blog

MGM Expects $50M-$75M Incremental Revenues in 2024 With Marriott Partnership

Even though the big MGM-Marriott loyalty & booking partnership that was announced earlier this year with much fanfare has been delayed until early 2024 -- ostensibly due to MGM's cybersecurity threat which derailed much of its business over weeks -- MGM CEO Bill Hornbuckle is very bullish about it. In its Q3 earnings call earlier…

Hotels

Marriott Sees Strong Growth in Revenue and Hotel Development in 2023

For Marriott, 2023 is shaping up to be a banner year.

Marriott Sees Strong Growth in Revenue and Hotel Development in 2023

Daily Lodging Report

Marriott Adds 3 Premium Hotels in Vietnam

Marriott International announced the opening of three premium brand hotels in Vietnam’s leisure destinations: Nha Trang Marriott Resort & Spa, Hon Tre Island, Danang Marriott Resort & Spa, Non Nuoc Beach Villas, and Renaissance Hoi An Resort & Spa.

Daily Lodging Report

NewcrestImage Expands Portfolio with Three Marriott Hotel Acquisitions

NewcrestImage is acquiring three Courtyard by Marriott hotels from W.P. Carey. Two properties, at Albuquerque International Sunport and at Indianapolis International Airport, have already closed, while the third property at Chicago O’Hare International Airport is expected to close in early November.

Daily Lodging Report

Marriott’s Northern Marianas Venture Marks Milestone Expansion

Marriott expands into CNMI with the first Marriott hotel in the Northern Marianas Islands in 2025, partnering with Honest Profit International Ltd for management.

Airlines

Skift India Report: Strong Recovery and Reduced Losses for Aviation Industry

Amidst signs of resilience and revival, ICRA's report also highlights the financial strain that some airlines are under, despite incremental improvements. The Indian aviation sector, characterized by intense competition, high operational costs, regulatory issues, and market volatility, has historically been a challenging business environment for airlines.

Skift India Report: Strong Recovery and Reduced Losses for Aviation Industry

Hotels

Choice Hotels Explained: 5 Key Facts as it Goes After Wyndham

Tracing its roots back to its original name, Quality Courts United, Choice has established itself as a prominent player through acquisitions.

Choice Hotels Explained: 5 Key Facts as it Goes After Wyndham

Daily Lodging Report

Apple Hospitality REIT Adds Key Marriott and Hyatt Properties to Portfolio

Today's report looks at acquisitions by Apple Hospitality REIT, renovations of Marriott properties, and promotions at Noble House Hotels & Resorts, KSL Resorts, JLL’s Value and Risk Advisory platform, and Auberge Resorts Collection.

Hotels

Hilton Identifies a New ‘GenerAsian’ Traveler and Here’s What They Want

What's in a name? Call them GenerAsian Travelers or Native Explorers, a majority of Asian travelers share a strong penchant for travel experiences rooted in culture and heritage. Their shared enthusiasm extends to exploring the broader region as well.

Hilton Identifies a New ‘GenerAsian’ Traveler and Here’s What They Want

Hotels

Airbnb and Hotels’ Impending Fight Over Customers

Today's edition of Skift's daily podcast looks closer at Airbnb and hotels competing, Marriott’s investor day, and Japan Airlines’ new premium offerings.

Airbnb and Hotels’ Impending Fight Over Customers