SINGAPORE — Marriott International, which on Monday secured antitrust approval from the European Union to acquire Starwood in a merger transaction, is scouting for the “right partner, property and place” in the Republic to launch at least another five of its 19 hotel brands here.
“Occupancies and room rates are still high in Singapore … We would like to have Renaissance, Courtyard, Fairfield, Moxy and Bvlgari in Singapore. It is about finding the right location for these brands, the perfect product which means the property and the right partner,” said Mr Craig S Smith, president and managing director of Marriott International in Asia Pacific to TODAY at the sidelines of a press conference to introduce two of the group’s brands into Singapore.