Hotels in Asia: American Expansion

Hotels in Asia: American Expansion
Hotels in Asia: American Expansion

One of the world's largest hotel chains - Marriott International - announced launching of a new project on constructing major hotel complex at the Boao resort in the Chinese province of Hainan. It will become the 250th hotel of the company in Asia.

Currently Marriott International operates 129 hotels in Asia. However, China remains as the main priority for the network development in this region. Now in Asia there are 121 Marriott hotels at different stages of constructions, and the largest number of them will be introduced in China. In total, Marriott expects to increase the number of rooms in 15 countries of the region by 75 thousand.

According to Simon Cooper, the head of Asian department in Marriott, among the priorities in addition to China are Vietnam and India. Thailand should also be added to this list as in early May the company announced it intention to open three hotels at the Thai resorts: Rayong Marriott Resort & Spa at the Rayong resort and two hotels in Bangkok - luxurious Marriott Hotel Bangkok Sukhumvit and apart-hotel Marriott Executive Apartments Bangkok - Sukhumvit Thonglor.

As for China, among then major contracts marked by Mr. Cooper is recently signed agreement on hotel construction in the main gambling center of the country - the former Portuguese colony of Macao. According to the top-manager, the total number of hotels in China - both opened and "signed" - has exceeded one hundred.

Today many world largest hotel chains are carrying out full-scale expansion in China and India. Five largest hotel companies of the world have in these two countries more than 850 hotels at various stages of construction. For example, one of the main Marriott competitors - IHG – plans to construct 31 new hotels in China. Another American company - Wyndham Hotel Group - intends to increase its room stock by 64 thousand in the next two years. Hilton hotel empire says about 90 hotels under construction in China.

Ilya Kalachev

Date: 31/05/2012

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