Marriott International, Inc.
Source: Marriott International, Inc. |

Marriott International Expects to Add 40 New Properties Across Africa by 2023

Company announces four new deals including entry into Cape Verde; Development pipeline expected to drive owner investment of over $2 billion and generate 12,000 new jobs

From the Africa Hotel Investment Forum in Addis, Marriott International (http://www.Marriott.com) reinforced its commitment to Africa by announcing it expects to add 40 properties and over 8,000 rooms across the continent by the end of 2023. The company also announced signed agreements to open its first property in Cape Verde…

Marriott International, Inc.
Source: Marriott International, Inc. |

Marriott International reveals Robust Expansion Plans across Africa: Expects to Increase Portfolio by 50 Percent with over 200 Hotels and 38,000 Rooms by 2023

Strong Demand for Select-Service Brands and Conversion Opportunities Spur Growth Amplified by Five New Hotel Signings

From the Africa Hotel Investment Forum (AHIF) in Nairobi, Kenya, Marriott International (NASDAQ: MAR) (www.Marriott.com) today announced rapid expansion plans across Africa. Strong demand for select-service brands and conversion opportunities are driving the momentum of growth for the company, amplified by five new hotel signings. The new signings will further consolidate…

Source: Marriott International, Inc. |

Marriott International continues extensive expansion in Africa: Targets over 200 hotels with more than 37,000 rooms by 2022 expecting to generate $8.5 billion of capital investment and 50,000 direct and indirect jobs

Today Announces Seven New Hotels, Marking a Debut in Ivory Coast and Strengthening Presence in Ethiopia, Ghana and Nigeria

From the Africa Hotel Investment Forum (AHIF) (www.Africa-Conference.com) in Kigali, Rwanda, Marriott International (NASDAQ: MAR) (www.Marriott.com) today announced further expansion plans in Africa with seven new hotel signings. Marriott International was the first global chain to make a significant investment in Africa with the acquisition of Protea Hotels for $210…