According to Arne Sorenson, president, Marriott International, the company opened over 76,000 rooms during 2017 to reach a total 1.25 million rooms.
Compared to combined full year 2016 results, global system-wide RevPAR rose three percent during 2017; adjusted operating income increased 13 percent; and adjusted earnings per share increased 32 percent.
“2017 was a terrific year,” stated Sorenson. “We made great progress on the integration of Starwood, […] we entered into a joint venture with Alibaba to better engage with Chinese customers, and invested in PlacePass […]. We also signed strategic new credit card agreements that will allow us to strengthen our customer offerings, […] and provide higher branding fees for Marriott.”