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Tuesday, 9 April 2019

Marriott International to grow MENA presence

Marriott International expects to debut its St. Regis brand in Cairo this year as the company plans to add 19 new properties and more than 3,000 rooms to its MENA portfolio in 2019, according to an emailed statement (pdf). The group also plans to invest USD 8 bn to add 100 new properties and 26,000 rooms to its regional portfolio by 2023. Marriott President and Managing Director of the Middle East, Alex Keyriakidis, previously said that the hotel group plans to add more than 1,200 guest rooms in four new hotels in Egypt over the coming period.

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