Marriott plans a $10 million expansion of its Brazil business in 2017, a major step toward expanding the company’s operations to the country where the company was founded.
The expansion, part of a broader expansion strategy, will include expansion of Marriott Resorts International, the Marriott hotel chain that Marriott acquired in 2013.
The move is expected to increase the company by 10 percent to about 2,500 hotels in Brazil.
The company said in a statement that the expansion will help Marriott Resort in its strategy to grow internationally.
“We look forward to welcoming our Brazilian partners to our brand-new Resorts World and expanding our presence in Brazil,” the statement said.
“In 2017, we will invest in new growth opportunities in Brazil, including expanding our hotel brands and expanding the Resorts family to Brazil, and we will continue to invest in our brand in Brazil.”
The company is expected at least to add another 50 hotels in the coming year, a Marriott spokeswoman said.
The Resorts business has grown from less than 1,000 hotels to more than 10,000 over the past two years.
The Resorts chain opened its first two hotel brands in Brazil in 2010 and 2011, with its last two in 2016.
The companies recently said it will start offering two more hotels in 2019.
Marriott said it has about 2.4 million guest rooms worldwide and has about 6,500 in Brazil and 1,800 in Argentina.
Marriott said its hotels in Peru, Mexico and the U.K. will be closed for the holiday season.
Renaissance hotel chain is expanding in BrazilThe Renaissance Hotel Group said Monday it has completed the construction of three more hotels and will open two more this year.
It said the hotels are being built in Sao Paulo and Rio de Janeiro.
“We have made tremendous progress to meet our strategic goal to build the largest hotel development in the world in Brazil: the Renaissance Hotel, which will create the largest hotels in one of the world’s most dynamic economies,” the company said.
In addition to Rio de Paulo and Sao Paulo, the hotels will have one in the Brazilian Amazon and another in the state of Sao Paulo.
Other hotels planned for BrazilThe other hotels that Marriott is planning to open are in Rio de Paula, which is a tropical resort city, and Rio Pessoa, which has been one of Brazil’s hottest cities for more than a decade.
Marias hotels in Argentina have had mixed results, with some people preferring to stay at hotel rooms in Buenos Aires, while others prefer the luxury resorts of the capital city.