Marriott Plans to Open Over 1,700 Hotels

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Marriott Plans to Open Over 1,700 Hotels
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Marriott said it is planning to open more than 1,700 hotels over the next three years

Marriott International Inc. said Monday it is planning to open more than 1,700 hotels over the next three years.

The hotel chain expects to add between 275,000 and 295,000 rooms by 2021, potentially bringing in $400 million in fee revenue. Marriott said its plan assumes that comparable hotel revenue per available room, compounded annually,...

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