Marriott International Dominates 2023 with Record Hotel and Room Signings

Marriott International Dominates 2023 with Record Hotel and Room Signings

By Author

Published on January 25, 2024

In a remarkable display of expansion, Marriott International has reported a year of unprecedented growth in 2023. At the Americas Lodging Investment Summit (ALIS), the global hotel industry leader shared insights into its impressive performance over the past year.

The year 2023 saw Marriott International achieve a milestone in its growth trajectory. The company signed an extraordinary number of organic management and franchise agreements, averaging nearly 2.5 deals daily. This pace represents a global expansion of approximately 164,000 rooms.

A significant contributor to this growth was the company's performance in the US and Canada, its largest market. Here, Marriott signed agreements for 91,000 rooms. A notable highlight was the strategic licensing agreement with MGM Resorts International, accounting for 37,000 rooms.

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Marriott's expansion wasn't limited to North America. The company also saw a surge in signings globally, with nearly 73,000 organic rooms signed across 74 countries and territories. This growth was particularly robust in markets like China, Vietnam, Japan, the United Arab Emirates, Mexico, Turkey, Saudi Arabia, and India.

By the end of 2023, Marriott’s global development pipeline boasted nearly 3,400 hotels and around 573,000 rooms, marking an over 15% increase from the previous year.

The company's worldwide system had grown to nearly 8,800 properties and more than 1,597,000 rooms in 139 countries and territories by the close of 2023. This expansion included the addition of over 400 properties and nearly 64,000 organic gross rooms during the year. Furthermore, Marriott's acquisition of the City Express brand portfolio brought an additional 150 properties and approximately 17,500 rooms into the company's extensive system.

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Marriott continued to strengthen its position in various market segments. It expanded its lead in luxury, ventured into the affordable midscale segment globally, and grew its portfolio of branded residences. Additionally, Marriott announced the planned launch of the MGM Collection with Marriott Bonvoy and increased its share in the all-inclusive segment.

Anthony Capuano, Marriott International’s President and CEO, remarked on the company's focus: “Marriott remains committed to offering more best-in-class brands and experiences to meet the strong consumer demand for travel.”

This record-breaking year for Marriott International highlights its steadfast focus on growth and diversification, solidifying its status as a leader in the global hotel industry.


Le Méridien Ahmedabad Celebrates Raksha Bandhan with Family and Flavours

Le Méridien Ahmedabad Celebrates Raksha Bandhan with Family and Flavours

By Manu Vardhan Kannan

Published on August 28, 2026

This Raksha Bandhan, Le Méridien Ahmedabad is inviting families to come together for a festive dinner centred around good food, warm hospitality and the special bond between siblings.

The celebration is designed as a relaxed evening where families can take a break from their daily routines, share conversations and enjoy time with each other. The festive spread will bring together a selection of Indian and global favourites, offering something for different generations and tastes.

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Adding to the evening will be live music, creating a warm and easy-going atmosphere while allowing families to enjoy their conversations and dining experience at their own pace.

The celebration goes beyond a festive meal, giving families a chance to reconnect, revisit familiar stories and celebrate relationships that remain an important part of their lives. With the warmth of Raksha Bandhan, a selection of favourites and contemporary hospitality, Le Méridien Ahmedabad brings families together around the table for an evening dedicated to togetherness and the enduring bond of siblinghood.


ITC Grand Chola Wins Net Zero Water Category at COOL Conclave 3.0

ITC Grand Chola Wins Net Zero Water Category at COOL Conclave 3.0

By Manu Vardhan Kannan

Published on August 26, 2026

ITC Grand Chola, Chennai, has been named the Winner in the Net Zero Water Category at the COOL Conclave 3.0 – Decarbonisation Excellence Awards 2026. The recognition highlights the hotel’s continued efforts in water conservation, resource management and sustainable hospitality.

The award reflects ITC Grand Chola’s approach to making sustainability part of its daily operations while continuing to offer a luxury experience to guests. Its work in water conservation, reuse and efficient resource management has helped the hotel reduce its environmental impact through measurable practices. ITC Grand Chola holds LEED Platinum, LEED Zero Carbon and LEED Zero Water certifications, adding to its position as a leading example of sustainable luxury hospitality.

Beyond its sustainability initiatives, the Chennai hotel is also known for its strong connection with the heritage and culture of Southern India. Spread across eight acres, ITC Grand Chola takes inspiration from the Chola dynasty and the architectural traditions of the region.

Its design includes influences from the Brihadeeswara Temple, Gangaikondacholapuram Temple and Airavateswara Temple, creating a setting that brings together South Indian heritage, craftsmanship and luxury.

The hotel’s iconic Sangam lobby features carved balustrades, engraved stairways and detailed artistic elements, while the Grand Staircase showcases the symbolic Wheel of Life motif. These design elements give guests an experience that connects the hotel’s luxury offering with the region’s architectural legacy.

The latest recognition at the COOL Conclave 3.0 – Decarbonisation Excellence Awards adds to ITC Grand Chola’s sustainability achievements. With continued focus on environmental responsibility, resource efficiency and sustainable innovation, the hotel remains committed to shaping a more responsible approach to luxury hospitality in India and beyond.


Courtyard by Marriott Madurai Marks Eight Years of Hospitality and Growth

Courtyard by Marriott Madurai Marks Eight Years of Hospitality and Growth

By Manu Vardhan Kannan

Published on August 25, 2026

Courtyard by Marriott Madurai is celebrating its eighth anniversary, marking eight years of hospitality, culinary experiences and strong connections with the city. Since opening in 2018, the hotel has grown alongside Madurai’s tourism, business and hospitality sectors.

The property has built a strong presence among Leisure Travellers, Temple Tourists, Corporate Guests, MICE groups and Wedding celebrations. Over the years, it has continued to adapt to changing guest expectations while focusing on personalized and experience-led hospitality.

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Mr. V. Vasudevan, Chairman, said, “Eight years in Madurai is a milestone built on trust, commitment and strong relationships. We are proud to have grown alongside the city and look forward to creating greater value for Madurai’s hospitality landscape in the years ahead.”

The hotel is also seeing strong business momentum in 2026. During the first half of the year, Courtyard by Marriott Madurai recorded 25%+ growth, with occupancy crossing 85%. Hotel revenue grew by 19.9%, while occupancy growth stood at 8.8%.

Mr. C. Muralikrishnan, Managing Director, said, “Our eight-year journey reflects our ability to evolve with Madurai and its changing hospitality landscape. The strong growth this year reinforces our confidence in the city’s potential and our vision for the future.”

Food and beverage continues to be an important part of the hotel’s offering, with Madurai Kitchen becoming a prominent dining destination for both hotel guests and local diners. Its buffet, food festivals, brunches and curated culinary experiences have added to Madurai’s growing premium dining culture. The hotel has also strengthened its presence in the weddings and MICE segment, having hosted 25+ medical conferences, including national and global associations.

Mr. V. Akshay Ram, Executive Director, said, “Hospitality is ultimately about creating experiences that guests remember. Over the past eight years, we have continually evolved our offerings while staying committed to personalized service and meaningful guest experiences.”

Guest loyalty remains an important part of the hotel’s journey, with repeat guests returning year after year. The property also recorded record guest satisfaction in the first half of 2026. Alongside technology-led convenience, the hotel continues to focus on the human connection that remains central to hospitality.

Sustainability has also become part of the property’s daily operations. Its glass-bottle water plant and energy-efficiency initiatives have helped bring annual electricity consumption down from 2,980,550 kWh to 2,908,447 kWh, saving 72,103 kWh despite an 8.8% increase in occupancy and 19.9% growth in hotel revenue. Engineering-led operational practices have also helped reduce HLP costs from 9.4% to 8.4%.

Mr. Mahesh Padala, General Manager, said, “Our eighth anniversary is a celebration of our guests and our associates who make every experience special. The loyalty of our guests and record satisfaction this year inspire us to raise the bar even further.”

As Courtyard by Marriott Madurai enters its ninth year, the hotel will continue to focus on guest experience, F&B innovation, weddings, MICE, technology and sustainability, while growing alongside Madurai and contributing to the city’s evolving hospitality landscape.

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