
Marriott is pursuing a major growth strategy worldwide. In a bid to retain loyal clients and craft suitable experiences, they have gone in for an overhaul of their brands. Their game plan includes categorizing their properties into luxury, premium, select and longer stays. Marriott continues to lay stress on its primary market, the United States, but is also expanding into other international markets, including China.
Key Points:
Marriott has 1.034 hotel projects in the pipeline. Leading brand with currently 123 projects is the 4 star brand Four Points by Sheraton, followed by aloft Hotels (96 projects) and Sheraton Hotels & Resorts (93 Projects). Besides a lot of projects in China (19%) Marriott’s main focus is still the US market with 372 projects (36%).
Original Source: New structure of Marriott brands explained