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Signs of Life Overseas

Signs of Life Overseas

The European economy continues to struggle but there may be a recovery in sight for hotel development. The Europe construction project pipeline is down year-over-year by 5 percent yet shows a slight upward trend off the cyclical bottom of 697 ...

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Marriott to Grow Russia and CIS Portfolio

MOSCOW—Leading global hotel operator Marriott International, Inc. is on track to double its portfolio in Europe from 40,000 rooms to 80,000 rooms by 2015. Marriott is fueling much of its growth in Europe with a strong focus on new development ...

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Extended-Stay Brands Lead Marriott’s North American Growth

BETHESDA, Md.—At the Worldwide ERC Global Workforce Symposium, Marriott International, Inc. announced that its extended-stay portfolio now accounts for one-third of the company’s North American development pipeline. Residence Inn by Marriott and TownePlace Suites by Marriott lead the U.S. market ...

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