Old Mar 24, 05, 4:53 am
  #47  
jahason
 
Join Date: Mar 2004
Location: London
Programs: BAEC gold, Marriott gold, Hilton gold
Posts: 1,636
Marriott to open new luxury apartments in Shanghai in 2006

Marriott to open new luxury apartments in Shanghai in 2006
BEIJING (AFX) - Marriott International (NYSE: MAR - news) (NYSE MAR) said it will open a new luxury development - Marriott Executive Apartments -- in Shanghai in 2006 under a management agreement with a local property developer.
The 223-unit property will be Marriott's fourth Executive Apartments facility in China and its eighth property in the city, the hotel group said in a statement.
Since its debut in China in 1997, Marriott has been branching out aggressively.
It is now represented on the mainland and in Hong Kong by some 30 outlets under the JW Marriott, Ritz-Carlton, Marriott, Renaissance, New World, Courtyard by Marriott and Marriott Executive Apartments brands.
The number of its outlets here will rise to 50 by the end of this year, Marriott sales and marketing executive Daniel Lai told XFN-Asia in an earlier interview.
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