Marriott International has posted its 2016 fourth quarter (Q4) results, which has shown net income to have totalled USD244 million, a year-on-year increase of 21 percent, with Q4 adjusted net income reaching USD344 million, a 15 percent rise over Q4 2015 combined results.
Located on Pearl River Road amongst Melbourne's Docklands area, Four Points by Sheraton Melbourne Docklands, part of Marriott International, has opened its doors to guests.
As part of the company's reinvention efforts, Marriott International announced the completion of Washington Marriott Georgetown's USD28 million transformation, financed by the property's owner, Geller Capital Partners.
Marriott International has announced the debut of Aloft brand in Mauritius with the signing of its first adaptive re-use project in Africa, Aloft Mauritius Port Louis, slated to open in 2019.
Marriott International's experiential hotel brand entered London's hospitality scene with its flagship property, Moxy London Excel.
W Prague, part of Marriott International, will mark the brand's debut into the Czech Republic set to be located on Wenceslas Square in the heart of the capital city.