Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Nov 09, 2021

Marriott Bets on Travel Rebound With Ritz Yachts, More Rooms

Marriott International Inc., buoyed by rebounding travel demand, is pushing ahead with expansion, both on land and at sea.

The world's largest lodging company is inviting loyalty members to set sail. Marriott, which has more than 7,900 hotels around the world, is adding the Ritz-Carlton Yacht Collection to its loyalty program, the company said in a statement Tuesday. 

Ritz-Carlton Launching Cruise Line in Industry-First Brand Expansion

The company will let customers apply loyalty points toward savings on the company's cruise ships. The yacht's first cruise is next year.

Marriott is also optimistic that it can fill up more rooms on land. The company has more than 200,000 rooms under construction, Chief Executive Officer Tony Capuano said in an interview with Bloomberg Television. 

“I think that optimism is really based on our belief in the long-term future of tourism and travel,” Capuano said.

©2021 Bloomberg L.P.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search