Marriott International Plans to Open 1000 Hotels by 2020
- Marriott International, Inc. announces plans to open over 1000 hotels by the end of 2020, contributing to the company’s growth strategy and expanding its global footprint. The move is expected to create thousands of jobs and boost revenue for the hospitality giant.
- The hotel industry as a whole is experiencing a surge in demand, with occupancy rates reaching record levels in major cities around the world. This trend is driven by a combination of factors, including increased travel for business and leisure, as well as a growing global economy.
- Marriott International’s stock price has seen a steady increase in recent months, reflecting investor confidence in the company’s expansion plans and strong financial performance. Analysts predict further growth in the coming year, making Marriott a top pick for investors seeking exposure to the hospitality sector.
Read more at Barchart: Here’s What to Expect From Marriott International’s Next Earnings Report