Marriott International has revealed plans to double its portfolio in Europe by 2015 as part of a global reorganization aimed at accelerating worldwide growth.Marriott currently boasts 174 hotels in Europe and envisions increasing its portfolio from 40,000 rooms to 80,000 rooms by 2015 revealed President and Managing Director for Marriott International Europe, Amy McPherson.Seven of Marriott’s 18 brands are represented currently in Europe: Ritz-Carlton, Bvlgari, JW Marriott, Marriott Hotels & Resorts, Renaissance Hotels, Courtyard by Marriott and Marriott Executive Apartments. In addition, the first European Residence Inn, an extended-stay brand, will open in Munich in 2012.The development pipeline in Europe includes nearly 30 projects including the Renaissance Moscow Monarch Center Hotel (2010), the Courtyard by Marriott Budapest (2010) and the JW Marriott Hotel Ankara (2010).”We see strong opportunity throughout Europe to grow our portfolio,” said Marriott International President and COO Arne Sorenson.”Our new operating structure, comprised of four continental divisions including Europe, will help facilitate global growth and bring our teams closer to markets and to our customers. We have tremendous opportunities to grow, with over a third of our current pipeline and about half of our full-service openings this year located in markets outside North America.” McPherson added: “Europe is the largest lodging market in the world and holds enormous potential for Marriott. Our talented new team here is aggressively accelerating our focus on growth.”With a footing in most of Europe’s gateway cities, we are thrilled to see our expansion continue into secondary cities and emerging markets. We are confident we are well- positioned to achieve this ambitious expansion goal. ” Marriott International Chief Development Officer Carlton Ervin said he expected the Autograph Collection to be “a very popular conversion brand in Europe given the region’s variety of iconic, independent and small hotel groups”.Ervin added that hotel owners in Europe recognize the value of Marriott’s brand preference and superior systems, sales and technology platforms.
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