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Marriott International revealed yesterday that over the next five years it anticipates nearly tripling its presence in Mexico, adding 29 Marriott hotels throughout the country.
Marriott property owners estimate the more than ”500 million investment will allow for at least 3,000 new jobs.
President and managing director of international lodging for Marriott International, Ed Fuller, said: ”These agreements reflect a huge investment being made by our partners in the future of Mexican tourism and are in response to the growing attractiveness of Mexico as a tourist destination.”
The company currently has 16 hotels and resorts in Mexico but plans to add 130,000 new rooms to its system by the end of 2010, and anticipates more than a quarter of them will be outside the US.
Plans for the new hotels include 20 upper-moderately-priced Courtyard by Marriott properties over the next five to seven years, an upscale 250-room Puerto Penasco Marriott Resort on the Pacific coast, a 450-room JW Marriott Milla de Oro Resort & Spa and 150-room Renaissance Milla de Oro Resort on the Riviera Maya, and five to ten franchised, upscale hotels under full service throughout Mexico.
Three hotels already in the works are expected to open within the next two years, including the Mexico City Marriott Reforma Hotel, the Aguascalientes Marriott Hotel and the Merida Marriott Hotel.