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Hotel Development

Marriott Plans To Add 1,700 Hotels In Three Years

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Marriott International said on Monday that it plans to open more than 1,700 hotels in the next three years.

Marriott expects to add 275,000 to 295,000 rooms by 2021, which is expected to generate $400 million in fee income. Marriott said its plan assumes a 1% to 3% annual increase in hotel revenue per available room. The company said that by 2021, full-year earnings per share could be between $7.65 and $8.50. The company said it could buy back $7.6 billion to $9 billion in stock over the next three years.

The Wall Street Journal reported last week that Land & Buildings Investment Management intends to enter the Marriott board of directors. The radical investor holds a small stake in Marriott and is dissatisfied with the company’s acquisition of Starwood Hotels & Resorts International.

According to people familiar with the matter, Land & Buildings believes that there are too many brands in Marriott’s portfolio and does not effectively combine Starwood and Marriott’s reward programs.

Marriott, the parent company of the hotel brands such as Sheraton, Weston and St. Regis, acquired Starwood in 2016.

The company said it expects 44% of the net new rooms to be in North America, and the remaining 56% will be split equally between the Asia Pacific region and Europe, the Middle East and Africa, and the Caribbean and Latin America.

The company expects that by the end of 2021, the proportion of total room rooms in North America will fall to 63%, compared with 67% at the end of 2018. Marriott expects that by the end of 2021, the total number of hotel rooms will increase from 1.3 million at the end of 2018 to nearly 1.6 million.

“Our new three-year plan, with Starwood fully integrated, demonstrates how our fee-based, asset-light business model generates even stronger and more sustainable cash flows. This allows us to invest profitably in our core business at high rates of return and also return significant amounts of capital to shareholders,” said Leeny Oberg, Marriott’s executive vice president and chief financial officer. 

“Our proven business model combined with opportunities to leverage our significant scale from the Starwood acquisition uniquely position us for additional shareholder value creation,” Oberg added.

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The Ritz-Carlton Suite Hong Kong Bathroom
The Ritz-Carlton Suite Hong Kong Bathroom

Albert K. Field Albert is my name, and travel the world is my game. I began my passion for travel at a very young age, I started this website as a strong means to further explore the world of frequent flyers programs (FFP). The relationship between customers and service providers in the aviation and hospitality industry always seems to be in opposition, however, since the introduction of United Airlines’ Frequent Flyers Programm since 1972*. This has significantly eased the middle spectrum between 2 parties. While the aim of airlines is still to generate more revenue; but for us,as consumers, are also given the opportunity to participate in the bargaining and exploiting from service providers. Living in a world of globalization where big data becomes vital for simulating successful economical activities, most of us will have to travel to other locations whether willingly or unwillingly, while you hearing all this fascinating stories about others, In fact, you too, can blend into the trend. It may not sound like how media illustrates, but indeed there are possibilities for us to have more spontaneous travel without getting held back by financial situation. My website consists of reviews of airline premium cabin products,airport lounges and stay reports of 5-star hotels and their executive lounges across the globe. In addition to all of that, I care the most about their frequent flyers program and loyalty program, which also includes banking partners. Plus, I spontaneously put up reviews and news update regarding premium water brands and restaurants. The purpose of this website is to share all of this information with my audience as well as inviting you to be part of my journey.

Hotel Development

The Ritz-Carlton Nikko Opens In 2020, Offers Authentic Japanese Hot Springs

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The Ritz Carlton Nikko Springs Onsen

The Ritz-Carlton Hotel has announced that its fifth hotel in Japan, the Ritz-Carlton Nikko Hotel, plans to open its doors on May 22, 2020. The hotel is located in Nikko National Park, with 94 rooms, where guests can not only enjoy the open and spacious space, but also visit the magnificent Lake Chuzenji and Nantai Mountain, which has been highly regarded since ancient times.

The Ritz Carlton Nikko Hotel
The Ritz Carlton Nikko Hotel

Nikko is located in the northern Kanto region of Japan, two and a half hours drive north of Tokyo. As a popular tourist destination, there are 97 meters of Huayan Falls and natural and cultural treasures such as Shinto temples and Buddhist temples, which are listed as UNESCO World Heritage Sites. The Ritz-Carlton, Nikko is located on the east bank of Lake Chuzenji, south of Nantai Mountain. This place is known by locals as Ao Nikko, or “deep” in Nikko. The hotel has a unique location, and guests can easily reach popular check-in sites such as the world cultural heritage of Huayan Falls, Toshogu Shrine, Erhuangshan Shrine and Rinno-ji Temple.

The Ritz Carlton Nikko Environment
The Ritz Carlton Nikko Environment

“We are delighted to be bringing the Ritz-Carlton commitment to service and quality not only to Tochigi prefecture but also to the fascinating location that is Okunikko. This mountainous area west of Nikko’s city center brims with natural beauty and is a destination steeped in culture and history, We look forward to showcasing our legendary service by our Ladies and Gentlemen and to combining this with unique offerings, ensuring that our international guests will find much to explore and certainly many reasons to return.”

Masanori Hosoya, General Manager, The Ritz-Carlton, Nikko.

As a sacred place of worship, since the Buddhist monk Shodo Shonin ascended Nantai Mountain in 782, Nikko has been regarded as a sacred place for worshippers in Japan. For centuries, the scenic Nikko Mountain has been the Japanese court. , The royal family and the tourist attractions of domestic and foreign tourists. Its magnificent temples and temples are listed by UNESCO as World Cultural Heritage because of its rich and profound cultural, religious and architectural significance. To this day, the ornate façade of the temple has been maintained along with lacquer ware and gold-plating techniques used in the early 17th century.

In the context of the heritage of the brand, the Ritz-Carlton, Nikko will welcome guests from all walks of life with a unique design and legendary services to experience different Japanese and Japanese cultures. The hotel has a total of 94 spacious and comfortable rooms and suites, ranging from 57 square meters in size, including 9 Lake Zen suites and 277 square meters Ritz-Carlton suites. Combining modern style and elegant Japanese design, each building has a private balcony and a semi-outdoor seating area, where guests can enjoy a panoramic view of the national park.

Executive Chef Shingo Hayasaka from Hokkaido combines fresh local ingredients with their outstanding creative cooking to bring guests a taste bud feast at the hotel’s Japanese restaurant and Italian restaurant, respectively. In the chic bar, guests can enjoy cocktails that are cleverly blended with local elements, or sit on the lakeside terrace for a picnic and admire the rolling mountain scenery.

Nikko Hotel is the first Ritz-Carlton hotel to offer authentic Japanese hot springs. Its luxurious outdoor hot springs, indoor hot springs and popular sulfur hot springs are loved by hot spring lovers. The full-service modern spa also brings the gospel to Ritz-Carlton spa lovers around the world. Guests can also choose to relax in the library lounge or rejuvenate in the 24-hour fitness center. From spring to autumn, nearby hiking trails also appeal to outdoor travellers, and the hotel’s hot spring baths allow guests to enjoy winter scenery in a comfortable atmosphere.


Ritz-Carlton Properties To Open Next Year:

  1. The Ritz-Carlton, Nanjing, China;
  2. The Ritz-Carlton, Mexico City;
  3. The Ritz-Carlton, Nikko, Japan;
  4. The Ritz-Carlton South Beach, Miami;(renovated)
  5. The Ritz-Carlton, Jiuzhaigou, China;
  6. The Ritz-Carlton Rabat, Dar es Salam;
  7. The Ritz-Carlton, Paradise Valley in Scottsdale, Arizona;
  8. The Ritz-Carlton, Tamuda Bay, Morocco;
  9. Pearl Island, a Ritz Carlton Reserve.

Luxury Hotel Boom Ahead of 2020 Olympics:

With the opening of the Olympic Games from 24 July to 9 August and the Paralympic Games, Japan is expected to set a record of 40 million visitors coming to Tokyo next summer, many properties are eager to take advantage of Japan’s tourism boom. The government hopes to raise that number to 60 million by 2030. Almost all of the increase is from tourists; the number of business travellers is flat.

Marriott’s Luxury Portfolio In Japan:

  1. The Ritz-Carlton Tokyo;
  2. The Ritz-Carlton Kyoto;
  3. The Ritz-Carlton Osaka;
  4. The Ritz-Carlton Okinawa;
  5. The St. Regis Osaka;
  6. The Prince Gallery Tokyo Kioicho, a Luxury Collection Hotel
  7. Suiran, a Luxury Collection Hotel, Kyoto;
  8. IRAPH SUI, a Luxury Collection Hotel, Miyako Okinawa;
  9. The Tokyo Edition, Toranomon;(March,2020)
  10. JW Marriott Hotel, Nara;(April,2020)
  11. The Ritz-Carlton, Nikko;(May,2020)
  12. The Tokyo Edition, Ginza;(Summer,2020)
  13. The Ritz-Carlton Reserve, Niseko;(December,2020)
  14. W Osaka;(2021)
  15. Edition, Niseko;
  16. W Niseko;
  17. The Ritz-Carlton Fukuoka;

The Ritz-Carlton, Fukuoka(2023):

Japanese property developer Sekisui House started a joint project with Marriott International on The Ritz-Carlton, Fukuoka , the hotel will be developed and owned by Daimyo Project TMK, a consortium of five companies including the Sekisui House.

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Hotel Development

China’s First JW Marriott Marquis Hotel Debut In Shanghai

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JW Marriott Marquis Shanghai Foyer

Marriott’s Shanghai JW Marriott Marquis Hotel opened today, the first JW Marriott Marquis brand hotel in China. The hotel welcomes guests with a wide range of exclusive services and an immersive new luxury experience.

As the world’s third JW Marriott Marquis hotel, Bruce Ryder, vice president of luxury brands for the Asia Pacific region of the Marriott Group, also defines the Marquis brand:

First, the JW Marriott Marquis brand must be a landmark JW Marriott hotel, and choose to settle in a landmark city. The design of the hotel building is also a landmark building, which often attracts more guests’ attention and attention. The building of the JW Marriott Marquis Hotel in Shanghai and the Burj Khalifa have chosen the same architectural design company SOM. The architecture and interior design also have a series of exclusive features.

With 515 rooms, the rooms are elegantly designed in a style that allows guests to enjoy the sleek design and intimate and warm customization in the modern and classic rooms. All rooms are equipped with state-of-the-art equipment and amenities to meet the needs of both business and leisure travellers.

In addition, JW Marriott’s Marquis brand is proud of the MICE banquet facilities and series of services, reflected in the newly opened Shanghai JW Marriott Marquis Hotel. The hotel has a total of 12 multi-functional ballrooms and conference halls with a total area of ​​more than 3,200 square meters, providing a choice of creative and technological venues for exhibitions, awards, conferences and events of different needs. The hotel also features high-end Chinese cuisine and exotic dining experiences, including a casual, interactive full-time restaurant trajectory kitchen with five unique cuisines and a rich world cuisine.

Angela Pan, General Manager of JW Marriott Marquis Hotel Shanghai, said that the hotel welcomes guests with a wide range of exclusive services and immersive luxury experiences. For example, considering the number of group guests, the hotel has a dedicated group entrance and check-in counter in the other section of the lobby on the first floor, which is separated from other business and leisure guests.

As for the Executive Lounge for eligible guests, In addition to combining modern minimalist design with rich and elegant art, and blending into the open kitchen homely design, the hotel’s JW Lounge specially separates different area to meet the needs of business travellers into resting and dining.

In addition, the location of the hotel also provides more diverse meeting schedules for conference guests. For example, the yacht club that is within walking distance of the hotel can arrange the Huangpu River yacht trip, and can arrange outdoor activities on the Huangpu River behind the hotel. The opening of the Art Gallery can also be used as a schedule for the event, and jogging, meditation and yoga can be arranged along the banks of the Huangpu River. In addition, the hotel’s diverse dining options can also be customised according to the needs of MICE guests, and even have a menu of healthy elements and special tea breaks. The constant change of innovation is also in line with the needs of MICE guests. In the dining section, JW Marriott is also highlighted. The food and wine that the brand values.

JW Marriott Hotel Shanghai is located in Shanghai Pudong New District, adjacent to the Huangpu River and Lujiazui Central Business District, and has quick access to Shanghai World Expo Exhibition Hall, Mercedes-Benz Cultural Center, Shanghai Oriental Sports Center and Shanghai Disney Resort. hot spot. The art galleries and the riverside trails that are close at hand are added to the culture and art. The transportation to Shanghai Hongqiao International Airport and Shanghai Pudong International Airport is also very convenient.

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