Hotel Job Resource - Marriott News

Marriott International, Inc. (NYSE: MAR) today announced it has reached the milestone figure of 250 open and signed hotels in Asia, with the 250th hotel to be located in Bo’ao in China. This represents 129 open hotels plus our development pipeline of 121 projects - totaling more than 75,000 rooms in 15 countries.

Marriott International, Inc. (NYSE:MAR) and Ethiopian developer Sunshine Construction have announced a deal that will inject ETB 1 billion into the local economy over five years.

The 158-room Courtyard Scottsdale Salt River opened in April 2012. Located at 5201 North Pima Road, the Scottsdale, AZ, hotel is owned by Salt River Devco and managed by Marriott International.

Marriott Rewards members can get the royal treatment for less when staying at more than 20 JW Marriott, Marriott Hotels & Resorts, Renaissance Hotels, and Marriott Executive Apartments in the Caribbean and Latin America.

Autograph Collection, announced that Turnberry Isle Miami, a landmark luxury resort in South Florida, has joined the brand’s exclusively curated portfolio of independently owned and operated hotels.

The Rayong Marriott Resort & Spa, The Bangkok Marriott Hotel Sukhumvit and the Marriott Executive Apartments Bangkok - Sukhumvit Thonglor will all open in 2012 bringing Marriott International’s portfolio to 16 hotels in the country.

Marriott International will open its first Marriott Executive Apartments branded hotel in the Kingdom of Saudi Arabia in May 2012, when the Marriott Executive Apartments Riyadh Makarim will officially open for business.

Marriott International's (NYSE: MAR) world-class luxury hotel brand, JW Marriott Hotels & Resorts, announced plans to open a new 131-room JW Marriott Hotel in Santo Domingo, the capital of the Dominican Republic, in 2014. The property will be operated by Marriott under an agreement with Grupo Velutini, a Panamanian subsidiary of Fondo de Valores Inmobiliarios (FVI).

Marriott Hotels & Resorts announced plans to open a new 170-room Marriott Hotel in Cali in 2014, under an agreement with Real Hotels and Resorts, S.A. and Grupo Poma.

First quarter 2012 net income totaled $104 million, an 18 percent increase compared to first quarter 2011 adjusted net income. Diluted EPS totaled $0.30, a 30 percent increase from adjusted diluted EPS in the year-ago quarter. On February 15, 2012, the company forecasted first quarter diluted EPS of $0.26 to $0.30.