Marriot to Built 5 New Hotels
Marriott International announced that it planned to spend about US$217million on five new hotels in South Africa as the company looks to tap into Africa’s growing middle class. Marriott, which won the final clearance to buy rival Starwood Hotels and Resorts Worldwide Inc, said three of the hotels would be built in Cape Town while two are already under construction in Johannesburg. Marriott is already Africa’s biggest hotel operator, having bought leading chain Protea in 2014. The new hotels will be branded Marriott. (Source: EWN)
