Marriott eyes 100 hotels for Middle East, Africa - News Summed Up

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Marriott eyes 100 hotels for Middle East, Africa


“Our growth across the Middle East and Africa is fueled by a strong demand for our diverse range of well-established brands, each offering different attributes that cater to this region’s ever changing and evolving marketplace,” said Jerome Briet, chief development officer, Middle East and Africa, Marriott International. Marriott Hotels and Marriott Executive Apartments increased its presence in Saudi Arabia with the recent openings in the Diplomatic Quarter of Riyadh. Regional Demand for Select-Service Fuels GrowthCurrently representing more than 40 percent of the company’s development pipeline through 2023, select-service brands continue their rapid growth trajectory across the Middle East and Africa, according to Marriott. Element Hotels is set to launch its first property in Africa with the opening of Element Dar es Salaam in Tanzania. ProfitabilityThe growth plans are interesting given HotStats' recent report about profitability in the Middle East and North Africa market.


Source: The North Africa Journal April 08, 2019 18:53 UTC



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