Properties

Marriott International celebrates growth milestone with the opening of its 500th Hotel in Greater China

Marriott International, Inc. (NASDAQ: MAR) today announced the highly anticipated opening of its 500th hotel in Greater China – Rissai Valley, a Ritz-Carlton Reserve. The milestone marks Marriott’s long-standing commitment to strengthening its presence in the region since entering the market close to 40 years ago. The company plans to bolster its strong position in Greater China with a total of 47 hotels expected to open in the region in 2023 – adding close to 13,000 guestrooms to the portfolio.

Marriott International
Properties

IHG Hotels and Resorts announces expansion in Greater China

IHG Hotels & Resorts, one of the world’s leading hotel companies, is pursuing an ambitious expansion plan in Greater China that explores popular and emerging destinations. Leveraging its global experience, deep local insights, and a rich brand portfolio, the company is well-positioned to respond to increasing domestic travel demand and is ready to welcome Chinese and international travelers alike in the new era of travel.

IHG
People

IHG CEO Richard Solomons to retire, succeeded by Keith Barr

Richard Solomons, Group Chief Executive Officer of hotel giant IHG, is to retire. He will step down as CEO on June 30Êand retire from IHG on August 30. Mr Solomons will be succeeded by Keith Barr, a member of IHGÕs executive committee who has worked for IHG for 17 years, most recently as Chief Commercial Officer (CCO).

Richard Solomons
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