Anthony Capuano, President and Chief Executive Officer, said, “With continued momentum in demand for global travel, we posted another quarter of outstanding results. Second quarter worldwide RevPAR increased 13.5 percent, aided by significant growth in all of our international regions, where RevPAR rose 39 percent. Greater China rebounded quickly once travel restrictions were lifted in January, with second quarter RevPAR surpassing pre-pandemic levels.
Marriott International announces the 2023 J. Willard Marriott Awards of Excellence Honorees
Today, Marriott International announced the winners of the 2023 J. Willard Marriott Awards of Excellence. Established in 1987 and named after Marriott’s founder, the J. Willard Marriott Awards of Excellence honor the company’s finest associates who represent key characteristics: achievement, character, dedication, effort and perseverance.
Marriott International’s strong conversion activity helps drive robust growth in the Caribbean and Latin America
Hotel conversions continue to have real momentum in the Caribbean and Latin America (CALA) region and in recent years have become an important growth driver for Marriott International. Hoteliers and investors are leveraging the efficiencies and advantages of renovating and rebranding existing properties, further expanding the breadth of Marriott’s portfolio, consisting of 31 global brands.
Marriott International and MGM Resorts International announce long-term license agreement
Marriott International, Inc. (Nasdaq: MAR) and MGM Resorts International (NYSE: MGM) announced today an exclusive long-term strategic licensing agreement and the creation of MGM Collection with Marriott Bonvoy, which will launch in October 2023, and encompass 17 of MGM’s unrivaled resorts, representing more than 40,000 rooms in Las Vegas and other cities across the U.S.
Marriott International announces release date for second quarter 2023 earnings
Marriott International, Inc. will report second-quarter 2023 earnings results on Tuesday, August 1, 2023, at approximately 7:00 am Eastern Time (ET). The company will hold a conference call for the investment community on Tuesday, August 1, 2023, at 8:30 am ET. Marriott International’s President and Chief Executive Officer, Anthony Capuano, as well as Chief Financial Officer and Executive Vice President, Development, Leeny Oberg, will discuss the company’s performance.
Marriott International signs agreement with Delaware Investment Limited to launch luxury safari lodge in the Serengeti
Marriott International, Inc. today announced that it has signed an agreement with Delaware Investment Limited to open its first JW Marriott luxury safari lodge in the Serengeti, Tanzania. Expected to open in 2026, the lodge will be situated within the Serengeti National Park, a protected UNESCO World Heritage Site and one of the most renowned safari destinations in Africa, home to endless plains, the incredible Great Migration and some of the largest herds on the planet.
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 commits to hiring more than 3,000 refugees globally by 2026
Today, on World Refugee Day, Marriott International announced it has committed to hiring more than 1,500 refugees throughout its European region by 2026. This follows Marriott’s commitment to hiring over 1,500 refugees by 2025 in the United States. Marriott President and CEO Anthony Capuano announced Marriott’s hiring commitment during the Tent Partnership for Refugees European Business Summit this week.
Marriott International continues expansion of Protea Hotels by Marriott with five new deal signings in Africa
From the Africa Hospitality Investment Forum in Nairobi, Marriott International announced five deal signings in Africa under its Protea Hotels by Marriott brand. The signed projects reinforce the company’s commitment to expanding its presence across the continent and highlight the demand for the Protea Hotels by Marriott brand.
Marriott International promotes Sandy Narvaez to Market Director of Leisure Sales for Hawai’i and French Polynesia
Marriott International is pleased to announce the appointment of Sandy Narvaez to Market Director, Leisure Sales, Hawai‘i & French Polynesia. Narvaez brings over 16 years of travel and hospitality experience to this expanded role, where she will oversee and lead leisure segment strategies for Marriott Hotels and Resorts in the Hawaiian Islands and French Polynesia.
