Marriott to Expand Into Asia and UAE Despite Economic Downturn

Marriott looks to Asia, UAE for further growth
Reuters - USA

BERLIN, March 11 (Reuters) - Hotel operator Marriott International Inc (MAR.N) sees strong growth opportunities in Asia and the United Arab Emirates as it strives to expand further outside North America despite the economic downturn.

Marriott, which typically manages hotels instead of owning them, plans to open 130 hotels with overall 32,000 rooms in the next four years outside of North America, where it now manages 350 hotels. ...