Hotelier eyes 90 properties over 5 years
By Cao Qian |
May 25, 2010, Tuesday
|
Print Edition
Print Edition
MARRIOTT International Inc plans to double its China portfolio to 90 hotels over the next five years as the United States hotel chain continues to expand in the world's most compelling tourism market.
Marriott, which now operates 46 hotels around the country, aims for a total of 60 hotels across six brands in China by the end of 2010, said J.W. Marriott, Jr, chairman and chief executive officer of Marriott International, yesterday in Shanghai.
Marriott is considering to introduce soon a lower-priced hotel brand in China that would be similar to Fairfield in the US, said Arne M. Sorenson, president and chief operating officer of Marriott International.
Also yesterday, Marriott launched a US$500,000 water conservation program in China in partnership with Conservation International and Pingwu County in Sichuan Province as the hotelier cements its commitment to the people of China.
Marriott, which now operates 46 hotels around the country, aims for a total of 60 hotels across six brands in China by the end of 2010, said J.W. Marriott, Jr, chairman and chief executive officer of Marriott International, yesterday in Shanghai.
Marriott is considering to introduce soon a lower-priced hotel brand in China that would be similar to Fairfield in the US, said Arne M. Sorenson, president and chief operating officer of Marriott International.
Also yesterday, Marriott launched a US$500,000 water conservation program in China in partnership with Conservation International and Pingwu County in Sichuan Province as the hotelier cements its commitment to the people of China.
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