Marriott Achieves Consecutive Year of Record Organic Rooms
Marriott International has announced it 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.
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.
At the end of 2019, Marriott International’s worldwide system consisted of more than 7,300 properties and roughly 1.38 million rooms in 134 countries and territories. More than half of the company’s record global development pipeline is located outside North America.
In 2019, 53% of the company’s signed rooms were outside North America with record-breaking organic volumes in the company’s Asia Pacific (38,000), Europe (17,000), Caribbean and Latin America (more than 9,000), and Middle East and Africa (8,000) regions.
Additionally, in 2019, Marriott International debuted its first hotels in four additional countries – Cyprus, Moldova, Kyrgyzstan and Latvia.