Marriott International president Stephanie Linnartz on Feb. 24, 2023, will step down from the company after 25 years to join Under Armour as president and CEO, the company announced Wednesday. Linnartz joined Marriott in 1997 and has been the company’s president since 2021. As president, the company said she led its global consumer strategy and its … Read more
Marriott International will add 30 hotels in Greater China by the end of 2023, the company announced Tuesday. The regional expansion adds to Marriott’s portfolio of more than 460 properties across 120 destinations in Greater China, including existing AC Hotels by Marriott, Aloft Hotels, Courtyard by Marriott, Element Hotels, Fairfield by Marriott, Four Points by … Read more
Marriott International will launch a new extended-stay brand with residential-style accommodations in the U.S. and Canada, the company announced Wednesday. Apartments by Marriott Bonvoy will enter the upper-midscale and luxury apartment-style stay sector, joining the company’s longtime upscale residential extended-stay brand Marriott Executive Apartments, which is available in Asia, Europe, Middle East, Africa and Latin … Read more
Marriott International will extend its operations in Africa with more than 30 new hotels by the end of 2024, the company announced Tuesday. The regional expansion is “largely driven by [Marriott’s] select-service brands, which represent half of the company’s current development pipeline in the continent,” the company said in a new release. Among the self-service … Read more
Business travel demand from small and midsize accounts has fully recovered to 2019 levels, Marriott International executives said Thursday during a third-quarter earnings call, but demand from larger accounts, particularly in the tech sector, continues to lag and the rate of their recovery has slowed. The company is “encouraged by the sequential quarter-over-quarter improvement in … Read more
Marriott International signed a $100 million deal with Mexico-based midscale hospitality company Hoteles City Express to acquire its City Express brand portfolio, the company announced Wednesday. The planned acquisition includes more than 17,000 guest rooms in 152 hotels across 75 cities in Mexico and Costa Rica, Chile and Colombia, solidifying Marriott’s position as the largest … Read more
Marriott International plans new developments in Central and Greater China, the company announced Friday. AC Hotel by Marriot Suzhou is set to open this December, and The Ritz-Carlton, Wuhan is poised to open by the end of 2024 and will be the brand’s first entrance into Central China. The AC Hotels property will offer 135 guest rooms, … Read more
Marriott International CEO Tony Capuano emphasized “stronger than anticipated” group business in the second quarter as a lynchpin for the brand’s continued recovery, while corporate travel room nights recovered to just 9 percent below 2019 levels in June, compared to 20 percent below in the first quarter. Overall, the hotel giant posted major gains on … Read more
Grasp Technologies has worked with Marriott International to implement an automated workflow for virtual payments that it says could become an industry standard to ease virtual card use for hotel stays, according to Grasp. With the automation, Grasp’s GraspPay virtual card management tool can send virtual payment details to Marriott’s property management system through traditional … Read more