Marriott International's rapid expansion into Australia
Marriott is on track to grow to 50 hotels over the next four years across the region, which includes Australia, New Zealand, Samoa, Fiji and New Caledonia.
A preliminary report from data agency STR for November 2016 indicates a significant increase in levels of hotel occupancy and average daily rate in the Sydney market.
Kenneth Rogers, General Manager of The Ascott, Terje Nilsen of Seven Stones Indonesia and Hoe Kit Mak, chief investment officer of Frasers Hospitality Group,