Property News · July 22, 2020

Marriott opens 800th property in Asia, aims for 50 more this year even as Covid-19 pandemic keeps hotels shuttered


A fifth of Marriott International’s hotels in Asia-Pacific remain closed as the Covid-19 pandemic continues to wreak havoc on the travel industry.Though the number is now much smaller than the 50 per cent that were shuttered at the height of the outbreak, it illustrates the industry’s struggle against a pandemic that has crippled global travel and reduced people’s spending power.“I’d say about 50 per cent of hotels in Asia closed at one point,” said Craig Smith, Marriott’s group president, Asia…

Source : South China Morning Post
Read more…Marriott opens 800th property in Asia, aims for 50 more this year even as Covid-19 pandemic keeps hotels shuttered

You may also like...