Four Seasons Resort and Private Residences Okinawa Announced

The Resort will comprise 30 acres (12 hectares) of the project development land area, with 120 hotel rooms, 120 residences and 40 villas. The project is expected to take approximately four years to complete with a total development cost of USD 400 million and estimated gross development value of USD 1 billion.
Source: New feed

Marriott Signed 125,000 Rooms and Opened More Than 80,000 Rooms In 2018

Marriott International (NASDAQ: MAR) today announced record organic rooms signings in 2018, ending the year with a record global pipeline. In 2018, the company signed management and franchise agreements for 816 properties, comprised of 125,000 rooms, while opening nearly 500 properties comprised of more than 80,000 rooms around the world across its portfolio of 30 brands.
Source: New feed