Marriott plans record expansion in Asia

09/15/2011 | Bloomberg

Marriott International plans to draw on rising demand in Asia by opening about 27 hotels in the region in 2013. The hotel operator plans to open properties primarily in China and India, but also in countries such as Vietnam and Thailand. Data from Jones Lang LaSalle Hotels show a 59% increase in hotel transactions in Asia in the first half, while the World Tourism Organization reports an increase in international tourist arrivals in Asia from 110.1 million in 2000 to 203.8 million in 2010.

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