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Marriott has plans to double its number of
hotels in the Caribbean and Latin America within the next five
years and increase the number of people it employs in the region
from 13,000 to 27,000 by the end of 2017.
The company also said it expects to double its
presence in Colombia with the additions of Marriott hotels in both
Cartagena and Cali.
This year’s hotel openings in the region
showcase the company's broad portfolio of brands, including
the first Ritz-Carlton Reserve in the Americas at Dorado Beach,
Puerto Rico to the JW Marriott in Cusco, Peru and the Courtyard by
Marriott at Mexico City Airport.
Currently, Marriott has 35
hotels signed and under development in the Caribbean and Latin
America. These include The Ritz-Carlton, Aruba, The Ritz-Carlton,
Panama City (Panama), JW Marriott Cusco (Peru), Port-au-Prince
Marriott Hotel (Haiti) and the Renaissance Santiago (Chile).
By
2017, Marriott envisions its portfolio in the region rising to
over 140 hotels and 30,000 rooms either opened or in the
development pipeline.
Today, Marriott International is
represented with 69 hotels in 25 countries in the Caribbean and
Latin America. Nine of Marriott’s 18 brands are currently
represented in the region: The Ritz-Carlton and JW Marriott
(luxury); Marriott Hotels & Resorts (upscale); Renaissance Hotels
and Autograph Collection (lifestyle); Courtyard by Marriott (upper
moderate); Marriott Executive Apartments and Residence Inn by
Marriott (extended stay); and Fairfield by Marriott (moderate).
“Latin America is booming, in terms of economic growth and
political and institutional stability, which is creating a
promising business climate,” said Mr. Sorenson, Marriott
International's President and CEO. “The rising middle class throughout the region
is eager to travel to new places and do business on the road.
Worldwide, we're seeing a golden age of travel, and Latin America
is at the forefront. This, when combined with the strong
performance and preference of our brands in the gateway markets,
provides tremendous opportunity for Marriott's world class brands
and service.”
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