Marriott International Celebrates Outstanding Development Year With 6.8% Net Rooms Growth and Record Number of Gross Openings in 2024
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Marriott International reported a successful development year in 2024, achieving a 6.8% net rooms growth and a record number of gross openings. The company ended the year with 3,766 properties in its development pipeline.
January 28, 2025 | 3:45 pm
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Marriott International achieved a 6.8% net rooms growth and a record number of gross openings in 2024, indicating strong development and expansion. The company has 3,766 properties in its development pipeline.
The 6.8% net rooms growth and record number of openings suggest strong operational performance and expansion potential for Marriott. This positive development is likely to boost investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100