Today Marriott International has announced plans to operate 20 hotels expected to be developed by FibraHotel, the largest and first publicly traded Mexican lodging REIT, across key Mexican cities by 2016. The first six hotels, whose development contracts were signed this week, will add approximately 800 rooms to the Mexican market and create well over 400 jobs for Mexican nationals.FibraHotel is one of the largest hotel owners in Mexico, with a portfolio of 49 business hotels representing more than 6,500 rooms in 22 states, and with plans to develop 100 hotels in the next few years.
Marriott’s strong focus on hotel development in Mexico prompted the company to open a development office in Mexico City, spearheaded by Alonso Burgos, Director of Development for Mexico.
Marriott is currently represented in Mexico with The Ritz-Carlton Cancun, JW Marriott Hotel Mexico City, JW Marriott Hotel Mexico City Santa Fe, JW Marriott Cancun Resort & Spa, CasaMagna Marriott Cancun Resort, CasaMagna Marriott Puerto Vallarta Resort & Spa, Marriott Puebla Real Hotel, Torreon Marriott Hotel, Ixtapan de la Sal Marriott Hotel, Tijuana Marriott Hotel, Mexico City Marriott Hotel Reforma, Aguascalientes Marriott Hotel, Courtyard by Marriott Monterrey, Courtyard by Marriott Toluca Airport, Courtyard by Marriott Monterrey San Jeronimo, Courtyard by Marriott Cancun Airport Hotel, Courtyard by Marriott San Luis Potosi, Courtyard by Marriott Puebla, Courtyard by Marriott Mexico City Airport, Courtyard by Marriott Toluca Tollocan, Courtyard by Marriott Leon at The Poliforum, Fairfield Inn Los Cabos and Fairfield Inn Monterrey Airport.
The pipeline of properties for Mexico includes the 124-room Los Cabos, a Ritz-Carlton Reserve; the 300-room JW Marriott Cabo San Lucas Resort; the 130-room Courtyard by Marriott Hermosillo; the 130-room Courtyard by Marriott Los Cabos; the 120-room Fairfield Inn Queretaro; the 140-room Courtyard by Marriott Queretaro; and the 160-room AC Hotel Mexico City.
