Reported Earlier, Marriott Signs Agreement With Zhong An To Launch W Hangzhou In Qianjiang Century City
Portfolio Pulse from Benzinga Newsdesk
Marriott International, Inc. has signed an agreement with Zhong An Commercial Group to launch W Hangzhou in Qianjiang Century City, anticipated to open in 2031. The hotel aims to become a symbol of luxury hospitality in Hangzhou's new CBD.
August 02, 2024 | 6:57 am
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Marriott International has signed an agreement to launch W Hangzhou in Qianjiang Century City, expected to open in 2031. This move is part of Marriott's strategy to expand its luxury hospitality footprint in China.
The agreement to launch W Hangzhou aligns with Marriott's strategy to expand its luxury brand presence in China. This could positively impact investor sentiment and stock price in the short term, reflecting confidence in Marriott's growth plans.
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