Marriot has signed an exclusive development
agreement with Eastern Crown Hotels Group, one of China’s fastest
growing lodging groups, to bring the “Fairfield by Marriott” brand
to mainland China.
The agreement targets having 140 hotels signed
in five years, of which 100 are expected to be opened by 2021. Each Fairfield hotel will
have between 100-150 rooms.
“China is the fastest growing
market in Asia for us. The rising disposable incomes of the middle
class and development of the consumption-led economy is driving an
increased demand for higher quality mid-range accommodation,” said
Craig S. Smith, President & Managing Director of Marriott
International Asia Pacific. “Fairfield will focus on young
consumers and business travelers looking for a comfortable and
productive stay at a great value.”
Fairfield was introduced to the Asia region two
years ago and currently has the largest development pipeline
within Marriott International.
Eastern Crown
Hotels Group is a privately held, Guangzhou-based hotel group that
specializes in franchising and operating select-service hotels. It
currently has a portfolio of over 700 hotels either open or under
development in 200 cities in China and Malaysia.
Guests of Fairfield hotels in China
will have the same access to Marriott’s loyalty
program, Marriott Rewards as all
other guests at Marriott International portfolio hotels. Eastern
Crown Hotels Group has over eight million members in its own
loyalty program, who will also be able to convert their points to
stay at 4200+ Marriott properties around the world.
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