Marriott International Announces Record Year of Global Signings and Strong Net Rooms Growth
BETHESDA, Md., Jan. 22, 2024 /PRNewswire/ -- At the Americas Lodging Investment Summit (ALIS), Marriott International, Inc. (NYSE: MAR) announced the company's record year of global signings with 52 percent more organic rooms signed in 2023 than in 2022, as it continues to expand offerings for owners, franchisees, and guests. The company also announced that it achieved strong net rooms growth of 4.7 percent in 2023.
- The company also announced that it achieved strong net rooms growth of 4.7 percent in 2023.
- At year-end 2023, Marriott's global development pipeline totaled nearly 3,400 hotels and roughly 573,000 rooms, an increase of over 15 percent over a year ago.
- Marriott added over 400 properties and nearly 64,000 organic gross rooms in 2023.
- "Marriott remains focused on offering more best-in-class brands and experiences to meet the strong consumer demand for travel," said Marriott International President and CEO Anthony Capuano.