This milestone addition in Mexico reaffirms Marriott's ongoing growth in
the Caribbean and Latin America region and its continued
expansion in the luxury segment.
PLANTATION, Fla., Oct. 28,
2024 /PRNewswire/ -- Marriott International, Inc.
(NASDAQ: MAR), the largest hotel company and leader globally and in
the Caribbean and Latin America (CALA), announced today the
opening of its 500th property in the region. The Almare,
a Luxury Collection Resort, Isla
Mujeres, Adult All-Inclusive embodies Marriott's commitment
to elevating the all-inclusive segment and bringing unparalleled
luxury experiences to one of the world's most sought-after
destinations.
"The debut of Almare, a Luxury Collection Resort, Isla Mujeres, Adult All-Inclusive as our
500th property in CALA marks a decisive moment in our
expansion, as it demonstrates our continuing commitment to evolve
and adapt to meet the needs of discerning travelers to the
Caribbean and Latin America," said Brian King, President, CALA, Marriott
International. "This exceptional property marks Marriott's first
luxury all-inclusive resort in Mexico, expands our Luxury Collection brand to
a fourth property in the country, and strengthens our presence in
the high-demand market of Isla
Mujeres."
This milestone opening underscores Marriott's robust growth
strategy and continued expansion in CALA, particularly in the
luxury and all-inclusive segments. In the past three years,
Marriott's CALA portfolio has grown from 300 properties to 500
properties in the region, and approximately 10% of Marriott
International's global luxury portfolio is located in the
region.
This resort also marks the 62nd luxury property in
the region for the Luxury Group by Marriott International - which
encompasses the unrivaled portfolio of seven hotel brands including
The Ritz-Carlton, Bvlgari Hotels & Resorts, St. Regis Hotels
& Resorts, EDITION, The Luxury Collection, JW Marriott, and W
Hotels. Other anticipated luxury all-inclusive additions in the
region include Paraiso de la Bonita,
a Luxury Collection All-Inclusive Resort in Mexico, planned for Q1 2025, and W Punta Cana in the Dominican Republic, expected in Q2 2025.
Since entering the all-inclusive segment in 2019, Marriott has
continued to expand in the space and offer authentic, immersive
luxury and premium stays that meet the needs of sophisticated
travelers. As the company's 35th all-inclusive property,
Almare, a Luxury Collection Resort, Isla
Mujeres, Adult All-Inclusive offers guests an idyllic and
enriching escape on the pristine shores of Isla Mujeres, Mexico.
This adults-only oasis boasts 109 elegantly appointed suites,
each featuring breathtaking ocean views, private balconies, and
luxurious amenities. Guests can indulge in an epicurean journey
across seven distinct dining venues and bars, unwind at the serene
Alma spa, or relax by the sparkling infinity pool overlooking the
Caribbean Sea.
Almare, a Luxury Collection Resort, Isla Mujeres, Adult All-Inclusive is available
for booking on Marriott.com and will participate in Marriott
Bonvoy® – the company's award-winning travel
program – allowing members to earn and redeem points for their
stays at this hotel, and at other hotels and resorts across
Marriott Bonvoy's extraordinary portfolio of more than 30
brands.
NOTE ON FORWARD-LOOKING STATEMENTS
This press release
contains "forward-looking statements" within the meaning of
United States federal securities
laws, including statements related to expected hotel openings; our
growth results, growth strategy and expansion plans; and similar
statements concerning anticipated future events and expectations
that are not historical facts. We caution you that these statements
are not guarantees of future performance and are subject to
numerous evolving risks and uncertainties that we may not be able
to accurately predict or assess, including the risk factors that we
identify in our U.S. Securities and Exchange Commission filings,
including our most recent Annual Report on Form 10-K or Quarterly
Report on Form 10-Q. Any of these factors could cause actual
results to differ materially from the expectations we express or
imply in this press release. We make these forward-looking
statements as of the date of this press release and undertake no
obligation to publicly update or revise any forward-looking
statement, whether as a result of new information, future events or
otherwise.
ABOUT MARRIOTT INTERNATIONAL
Marriott International,
Inc. (Nasdaq: MAR) is based in Bethesda,
Maryland, USA, and encompasses a portfolio of approximately
9,000 properties across more than 30 leading brands in 141
countries and territories. Marriott operates and franchises hotels
and licenses vacation ownership resorts all around the world. The
company offers Marriott Bonvoy®, its highly awarded
travel program. For more information, please visit our
website at www.marriott.com, and for the latest company news, visit
www.marriottnewscenter.com. In addition, connect with us on
Facebook and @MarriottIntl on X and Instagram.
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SOURCE Marriott International, Inc.