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Marriott Partners PDG Realty to Develop 50 Fairfield Hotels in Brazil

Travel News Asia Latest Travel News Podcasts Videos Thursday, 18 November 2010

Marriott International has signed a preferred partnership with PDG Realty for the development of 50 Fairfield by Marriott hotels throughout Brazil.

Each new hotel will be built with a focus on saving energy and minimizing its impact on the environment. Additionally, Marriott and PDG Realty have agreed to make financial contributions for each hotel constructed to support Amazon rain forest preservation through the Amazonas Sustainable Foundation (FAS).

Fairfield is Marriotts leading brand in the moderately priced lodging segment and the eighth brand in the companys lodging portfolio to be developed outside the U.S..

In addition to hosting two major sports events over the next six years, Brazil represents the Americas largest growth market, fueled by the rising domestic traveler. This transaction reflects Marriotts continued commitment to sustainable global growth with a local focus.

With the addition of these new Fairfield hotels, Marriotts global portfolio will range from luxury to moderate segment. Already, the companys worldwide pipeline of hotels under construction, awaiting conversion or approved for development totals nearly 95,000 rooms.

Today, Marriott International, Inc. is represented in Brazil by four hotels in two cities, spanning four lodging brands: the JW Marriott Hotel Rio de Janeiro, Sao Paulo Airport Marriott Hotel, Renaissance Hotel Sao Paulo and the Marriott Executive Apartments Sao Paulo.

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