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Extended-Stay Brands Lead Marriott’s North American Growth

BETHESDA, Md.—At the Worldwide ERC Global Workforce Symposium, Marriott International, Inc. announced that its extended-stay portfolio now accounts for one-third of the company’s North American development pipeline. Residence Inn by Marriott and TownePlace Suites by Marriott lead the U.S. market ...

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Sluggish Construction

The lack of available financing and continued economic uncertainty remained major obstacles to construction pipeline growth through the third quarter of 2011. Project migration up the pipeline toward construction was sluggish in the quarter, resulting in extended timelines as developers ...

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