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MAR News

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MAR Events

03/04 09:10
Marriott International Signs 94 Deals in CALA in 2025
Marriott International announced an outstanding year of growth in its Caribbean and Latin America, or CALA, region in 2025. The company achieved a record 94 signed deals in the region, adding 10,461 rooms to the pipeline, an increase of 40 percent in signed transactions and more than 30 percent in signed rooms compared to 2024. This performance reinforces Marriott's long-term commitment to diversified expansion and meeting evolving owner interests in the CALA region. In 2025, Marriott expanded its portfolio with 39 properties and 4,292 rooms, growing its regional footprint to 555 open properties and more than 95,000 rooms across 37 countries and territories by year end. Conversions were a key driver of Marriott's signings growth across CALA in 2025, with nearly 30 properties and 3,000 rooms signed under this model. Approximately 30 percent of the rooms signed in 2025 are attributed to conversions, underscoring the agility of Marriott's brand portfolio and its ability to unlock value by providing owners with an efficient option to renovate and rebrand existing assets. At year-end 2025, the CALA development pipeline included 45 conversion projects representing more than 6,000 rooms. At year end, Marriott's luxury footprint in the region included 71 open properties and 38 pipeline hotels, representing more than 18,000 rooms across CALA. Marriott continued to elevate its luxury portfolio responding to luxury travelers' interest in escaping to some of the world's most remarkable and remote destinations. In 2025, the company celebrated the opening of Nekajui, a Ritz-Carlton Reserve in Costa Rica, and Siari, a Ritz-Carlton Reserve in Mexico. In 2025, Ritz-Carlton Reserve also broke ground in Southern Eleuthera, The Bahamas, with Cotton Bay, a Ritz-Carlton Reserve and Residences, anticipated to open in 2029, while Bvlgari Hotels and Resorts announced the upcoming arrival of the brand in CALA with Bvlgari Resort & Residences, Cave, Exuma in The Bahamas, also planned to open in 2029. The company's all-inclusive portfolio also flourished in CALA, highlighted by the opening of Paraiso de la Bonita, a Luxury Collection Resort, Riviera Maya, Adult All-Inclusive and W Punta Cana, Adult All-Inclusive, the world's first all-inclusive W Hotel, which combines the brand's vibrant design with elevated service and story-worthy experiences. Simultaneously, the company's midscale segment experienced growth in 2025, led by the expansion of the City Express by Marriott brand. The company signed 28 City Express by Marriott deals across CALA for 3,188 rooms, several of which mark the brand's planned expansion into seven countries and territories: Argentina, Brazil, Dominican Republic, El Salvador, Guyana, Mexico, and Puerto Rico. Looking ahead to 2026, the company anticipates the opening of 6 City Express by Marriott properties, including market entries into Argentina, Nicaragua, and El Salvador.

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MAR Earnings Analysis

Marriott International Earnings: Resilient Growth- Intellectia AI™
4 months ago
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