Marriott International begins its expansion strategy in Vietnam

US luxury hotel group Marriott International has revealed that it will begin its strategy to expand into Vietnam by adding 9,000 rooms to its portfolio.

 

With the help of its subsidiary brands such as Ritz-Carlton Residences, Marriott Hotels, Westin, Courtyard by Marriott and Sheraton Hotels & Resorts, Marriott plans to open several residences in Vietnam over the next four years.

 

Vietnam experienced impressive economic growth prior to the pandemic, driven in part by coordinated development policies and strong infrastructure investments. Our growth in Vietnam reflects the confidence that our local owners and franchisees continue to place in Marriott International, and we look forward to presenting them with opportunities to leverage our full portfolio of 30 brands, as well as our strong distribution network,” said Rajeev Menon, Marriott International’s president of the Asia Pacific region (excluding Greater China).

 

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Featured photo : © Marriott International

US luxury hotel group Marriott International has revealed that it will begin its strategy to expand into Vietnam by adding 9,000 rooms to its portfolio.

 

With the help of its subsidiary brands such as Ritz-Carlton Residences, Marriott Hotels, Westin, Courtyard by Marriott and Sheraton Hotels & Resorts, Marriott plans to open several residences in Vietnam over the next four years.

 

Vietnam experienced impressive economic growth prior to the pandemic, driven in part by coordinated development policies and strong infrastructure investments. Our growth in Vietnam reflects the confidence that our local owners and franchisees continue to place in Marriott International, and we look forward to presenting them with opportunities to leverage our full portfolio of 30 brands, as well as our strong distribution network,” said Rajeev Menon, Marriott International’s president of the Asia Pacific region (excluding Greater China).

 

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This article is reserved for subscribers.

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Featured photo : © Marriott International

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Thanks to its extensive knowledge of these sectors, the Luxus + editorial team deciphers for its readers the main economic and technological stakes in fashion, watchmaking, jewelry, gastronomy, perfumes and cosmetics, hotels, and prestigious real estate.

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