Marriott Pipeline Includes 260 Luxury Properties
Photo Credit: An interior room at a luxury hotel, the Edition in Jeddah, Saudi Arabia, operated by Marriott. Marriott International
Skift Take
Marriott International is expanding its luxury portfolio with new brand extensions, experiential travel offerings, and over 260 properties in development, solidifying its leadership in high-end hospitality.
The Philippines welcomed 4.92 million foreign tourists in the first 10 months of 2024, up 9.6% from a year ago. Foreign tourists accounted for 91.6% of the arrivals, including people classified as overseas Filipinos. South Korea remains the top source market, with nearly 1.44 million arrivals in January through November period. That was up 10.5% year over year. While the percentage rise overall is decent, the Dept. of Tourism was way over-optimistic and it is not likely the Philippines hits the target of 7.7 million international arrivals for 2024. With the country receiving 433,130 international visitors in November, there is a chance that unless December accelerates, they will be close to flat with last year's 5.45 million International visitors. According to the local media, the Hengqin Guangdong-Macau Deep Cooperation Zone held a ceremony yesterday where the authorities approved five applications to convert office or commercial buildings into hotels and the developers s
