Marriott International (MI), an American luxury hotel chain, is set to debut in Palawan in 2024 as part of its five-year plan to triple its portfolio in the country.
In a story posted online by UK-based leading magazine Business Traveller, MI Asia Pacific president and managing director Craig S. Smith said investing in Palawan is because of the amazing growth they are seeing in the Philippines and is also proof of their strength and commitment in the market.
The hotel MI will put in the province in a still undisclosed location what will be called “Element Palawan Puerto Princesa” that has a planned 2024 opening date.
“We look forward to bringing new hotels in the Philippines together with our trusted hotel owners, enabling more choices with unsurpassed experiences for our travelers,” the Business Traveller quoted Smith.
The property in Palawan is part of the 14 MI plans to open in the country which would reportedly add over 3,700 new room accommodations to travelers. The areas include Caticlan, Cebu, Davao, and Mactan.
Element will be a new brand along with The Ritz-Carlton and Westin.
MI will also be expanding in the country through hotel conversions and re-branding, like changing the corporate image of Sheraton Manila Bay from Pan Pacific Manila, the Business Traveller reported.
Other conversion deals will include the debut of the Four Points brand that has a planned opening of Four Points Palawan Sabang Beach in 2020 after a US$8 million renovation by the owners.