Marriott is opening its 5th and 6th hotels in Copenhagen soon, launching two new brands in the Danish capital within one property. The two hotels will be led by a Cluster General Manager that the operating company, Core Hospitality, has now appointed: Patrice Boman.
Marriott International announces release date for third quarter 2023 earnings
Marriott International, Inc. (Nasdaq: MAR) will report third quarter 2023 earnings results on Thursday, November 2, 2023, at approximately 6:30 a.m. Eastern Time (ET). The company will hold a conference call for the investment community on Thursday, November 2, 2023, at 8:00 a.m. (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.
Delta Hotels by Marriott introduces new hydration program with waterdrop to help travelers embrace a moment of pause
In a world that moves at a rapid pace, finding moments of pause and self-care is paramount to maintaining momentum. Delta Hotels by Marriott®, part of Marriott Bonvoy®’s global portfolio of 31 extraordinary hotel brands, is furthering its commitment to creating seamless and thoughtful travel experiences by introducing an exclusive new and complimentary hydration program with waterdrop®, whose mission is to encourage people to drink more water so that they can live a healthier, longer, and more sustainable life.
AC Hotels by Marriott celebrates its brand debut in Croatia
AC Hotels by Marriott®, the design-led lifestyle brand part of Marriott Bonvoy’s portfolio of 31 extraordinary brands, today announced its brand debut in Croatia with the opening of AC Hotel by Marriott Split. Housed on the high floors of the 135-metre-high Westgate Tower with spectacular views of the Adriatic Sea and Split’s unique cityscape, the new hotel is set to offer The Perfectly Precise Hotel™ experience.
Marriott Bonvoy expands with integration of City Express by Marriott
Marriott International today announced that City Express by Marriott properties has transitioned into the company’s award-winning travel program and marketplace, Marriott Bonvoy. Members can now earn points at nearly 150 additional hotels in the Caribbean and Latin America, further expanding choice and offerings.
Marriott International releases annual serve 360 report
Marriott International, Inc., today published its 2023 Serve 360 Report highlighting data as of year-end 2022 and shared the company’s continued progress on its Environmental, Social, and Governance (ESG) efforts. Marriott’s sustainability and social impact platform, Serve 360: Doing Good in Every Direction, guides the company’s efforts toward its 2025 Sustainability and Social Impact Goals. The full report can be accessed on the company’s Serve 360 website. Key report takeaways can be seen in the video below.
AC Hotels by Marriott announces the opening of its First Hotel in Malta
AC Hotels by Marriott part of Marriott Bonvoy’s portfolio of 30 extraordinary brands, has expanded its European footprint with the opening of its first property in Malta. AC Hotel by Marriott St. Julian’s brings The Perfectly Precise Hotel™ experience to the vibrant coastal town of St. Julian’s. Owned and managed by The Ona Hospitality Ltd, the new lifestyle hotel is located in the heart of the town within close proximity to picturesque beaches, restaurants and the capital city of Valletta, making the perfect base from which to explore everything that Malta has to offer.
Marriott, Hilton, and IHG continue to dominate the U.S. Hotel Construction Pipeline
In the recently released United States Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts detailed the leading franchise companies and their brands in the construction pipeline at the close of the first quarter. Marriott International (Marriott) tops the charts with the greatest number of projects in the U.S. hotel construction pipeline, at Q1 2023, with 1,499 projects/181,377 rooms, followed closely by Hilton Worldwide (Hilton), with a record-high count of 1,436 projects/161,359 rooms, and then InterContinental Hotels Group (IHG) with 809 projects/80,679 rooms. Combined, these three franchise companies comprise 68% of the projects in the total U.S. pipeline.
Egypt and Marriott power hotel development in Africa
When it comes to hotel development across Africa, Egypt and Marriott are the two phenomena to watch. This insight comes from this year’s African Hotel Chain Development Pipeline report, widely acknowledged as the industry’s most authoritative source, documenting and analysing the number of hotels being planned and built across the continent.
PMZ Realty Capital arranges acquisition financing for courtyard by Marriott
PMZ Realty Capital LLC, a national boutique real estate investment banking firm focused on creating advantageous capital structures for its clients, announced today that it arranged acquisition financing for the Courtyard by Marriott Austin – University Area located in Austin, Texas. The $20.75M non-recourse acquisition loan with a flexible floating rate priced over SOFR was provided by a portfolio lender to cover 73% of the overall total project costs.
