Marriott’s Q2 RevPAR up 3.9%

Marriott International Middle East and Africa (MEA) said revenue per available room (RevPAR) improved 3.9 per cent year-on-year and was driven by occupancy growth of 4.4 per cent YoY in the second quarter of this year.

The results include the recently acquired Protea Hospitality Holding for the first time since the hotelier’s acquisition at the start of the year.

The total number of hotels now stands at 155 with 23,000 rooms across eight brands; The Ritz-Carlton Hotel Company, JW Marriott Hotels, Marriott Hotels, Renaissance Hotels, Protea Hotels, Marriott Executive Apartments, Courtyard by Marriott and Residence Inn by Marriott.

Alex Kyriakidis, President and Managing Director of Marriott International, Middle East and Africa, said the chain has now become the No. 1 hospitality company in Africa and second largest operator across the Middle East and Africa after completing the acquisition of Protea on April 1.

In Q1 2014, Marriott launched the Al Jaddaf Marriott Hotel Dubai and Marriott Executive Apartments Al Jaddaf Dubai. Its statement noted that the JW Marriott Marquis Dubai has continued to perform well, witnessing strong demand since the start of 2014, and added that demand has subsequently exceeded supply enabling the hotel to bring its total operational room count to 1,500 in June – ahead of schedule.

In the second quarter two Protea Hotels were also opened including Protea Hotel Lusaka Tower, Lusaka, Zambia (April) and the one just last week in Lagos Nigeria, the Protea Hotel Select Ikeja, Lagos –August 2014. The Riyadh Marriott Hotel, the first ever Marriott in the Middle East, was also re-launched in March.

The hotel operator said it has several openings in the pipeline, including the Residence Inn by Marriott Kuwait City in September and Residence Inn by Marriott Jazan, KSA in October.

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