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Marriott International to Quadruple Its Portfolio in Vietnam with a Signed Pipeline of 30 Hotels

Marriott

With the recent reopening of Vietnam’s borders, Marriott International, Inc. today announced plans to expand its portfolio in Vietnam, expecting to add nearly 9,000 rooms within the company’s portfolio and see the debut of key brands including Ritz-Carlton Residences, Marriott Hotels, Westin, and Courtyard by Marriott.

“Vietnam experienced impressive pre-pandemic economic growth driven in part by coordinated development policies and the strong investment in infrastructure,” said Rajeev Menon, President, Asia Pacific (excluding Greater China), Marriott International. Our growth in Vietnam reflects the trust our local owners and franchisees continue to have in Marriott International, and we look forward to presenting them with opportunities to leverage our comprehensive portfolio of 30 brands, as well as our strong distribution network.”

Marriott’s premium brands continue to resonate in Vietnam. As the most global brand within the portfolio, Sheraton Hotels & Resorts, expects to make its debut in several new destinations across Vietnam, including on the Emerald Island of Phu Quoc, the world-famous UNESCO World Heritage Site of Ha Long Bay, the “City of Eternal Springs” Dalat and the shores of Binh Chau. A stylish new Renaissance Hotels is planned to open in the seafront city of Danang, while Le Méridien Hotels & Resorts plans to debut in Danang and Cam Ranh. The flagship Marriott Hotels brand is expected to debut in Hanoi, and Hoi An, while the Westin – the company’s leading wellness brand – is expected to open in Hanoi and Cam Ranh. Marriott Executive Apartments, the popular longer-stay brand, is also slated to start welcoming guests in Danang.

Marriott's select service portfolio is driving strong momentum for growth in Vietnam, providing a range of offerings for both domestic and international travelers. Fairfield by Marriott is slated to be introduced in locations such as Vinh Yen, Ha Long and Hanoi, while several Courtyard by Marriott hotels are expected to open across Danang, Ha Long and Nha Trang.

Source: Hotel News Source