Marriott International Signs Landmark Agreement in Vietnam to add 8 more hotels in Vietnam

Marriott International, Inc. today announced a strategic agreement with Vinpearl, Vietnam’s largest hospitality and leisure chain, to convert and develop close to 2,200 rooms across eight hotels in Vietnam – significantly expanding its portfolio of world-class hotels and resorts in the country.

Marriott expects to quadruple Vietnam portfolio with 30 new hotels

With the reopening of Vietnam’s borders, Marriott International has announced plans to expand its portfolio in Vietnam, expecting to add nearly 9,000 rooms within the company’s portfolio, as well as debuting brands Ritz-Carlton Residences, Marriott Hotels, Westin, and Courtyard by Marriott.

Bill Marriott to retire from Marriott board

After more than 60 years of leadership, J.W. (Bill) Marriott Jr. has confirmed to the board of directors of Marriott International Inc. that he plans to retire as executive chairman in May and will not stand for re-election to the board at the upcoming annual meeting of stockholders