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Marriott International signed a “record” number of rooms in 2019, pushing its global pipeline to approximately 515,000 rooms as of year-end 2019 for the first time in the company’s history.
The company signed 815 agreements, representing more than 136,000 rooms, marking the seventh consecutive year of “record-breaking volume of organic rooms signings”.
The brand said the growth was fueled by “unprecedented” levels of organic rooms signed in each of the company’s international regions.
During 2019, the company added 516 properties with more than 78,000 rooms in 60 countries and territories – an average of one new property every 17 hours.
Tony Capuano, group president, global development, design and operations services at Marriott International, said: “With growth and loyalty as the cornerstones of our company’s success, our unrivaled 2019 signings illustrate our winning strategy, which combines leading brands, powerful business platforms and an enduring focus on our associates.”
He added: “We continue to drive value for our owners with quality branding options for both property conversions and new builds, backed by our leading business support systems and loyalty platform.
“By staying true to our growth philosophy and continuously responding to the evolving preferences and lifestyles of travelers, we are poised for a successful 2020 and beyond.”
