Founded in 1927, Marriott International has grown into a true giant of the hotel industry, and its plans for global domination appear to have remained intact despite the pandemic. Our data suggests that the group will launch no fewer than 952 hotel schemes and 214,832 keys around the world over the next few years.
The remainder of 2021 will be extremely busy for Marriott, with 277 projects and 56,133 rooms set to complete before the year is out – 117 of these schemes are already in the pre-opening phase. And in 2022, another 294 new properties with 64,668 keys will open their doors.
Things will slow down slightly in 2023, when 145 schemes and 32,660 rooms are due to launch. The pipeline for 2024 and beyond already looks promising, however, with 236 hotels and 61,371 keys on the books thus far.
Of these 952 new hotels, 504 will be in the four-star segment. The remaining 448 properties fall into the luxury five-star segment.
Marriott’s three fastest growing brands:
Marriott Hotels & Resorts, the group’s signature brand, will grow by 117 hotels and 33,259 rooms in the coming years, according to our researchers.
This puts it well ahead of Courtyard by Marriott, which follows with 91 projects and 16,895 keys. Finally, Sheraton Hotels & Resorts will expand its footprint by 66 locations and 19,825 rooms.
In the Maldives families and all travellers will be spoiled with its extended collection of properties, such as: JW Marriott Maldives Resort & Spa, W Maldives, Sheraton Maldives Full Moon Resort & Spa and The Westin Maldives Miriandhoo Resort.
Marriott is also expanding its presence in Africa, with 42 upcoming openings due to contribute 8,927 more rooms to the continent’s offering.