Marriott International has signed a preferred
partnership with PDG Realty for the development of 50 Fairfield by
Marriott hotels throughout Brazil.
Each new hotel will be built with a focus on
saving energy and minimizing its impact on the environment.
Additionally, Marriott and PDG Realty have agreed to make
financial contributions for each hotel constructed to support
Amazon rain forest preservation through the Amazonas Sustainable
Foundation (FAS).
Fairfield is Marriotts leading brand in the moderately priced
lodging segment and the eighth brand in the companys lodging
portfolio to be developed outside the U.S..
In addition to
hosting two major sports events over the next six years, Brazil
represents the Americas largest growth market, fueled by the
rising domestic traveler. This transaction reflects Marriotts
continued commitment to sustainable global growth with a local
focus.
With the addition of these new
Fairfield hotels, Marriotts global portfolio will range from
luxury to moderate segment. Already, the companys worldwide
pipeline of hotels under construction, awaiting conversion or
approved for development totals nearly 95,000 rooms.
Today, Marriott International, Inc. is represented
in Brazil by four hotels in two cities, spanning four lodging
brands: the JW Marriott Hotel Rio de Janeiro, Sao Paulo Airport
Marriott Hotel, Renaissance Hotel Sao Paulo and the Marriott
Executive Apartments Sao Paulo.
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