Marriott CEO to Speak at US-Africa Business Forum This Week
At the US-Africa Business Forum taking place this week in Washington, D.C., Marriott International's president and chief executive officer Arne Sorenson will speak on the company's intent to grow its presence in the Africa to 150 hotels in 16 countries by 2020. Marriott's expansion is fueled in part by its acquisition of South Africa's Protea Hotel Group this past April, which included 116 managed and franchised hotels totaling approximately 10,000 rooms. Marriott also plans to open an additional 40 hotels, totaling more than 6,000 rooms. The chain currently operates 130 properties in the region, making it the largest U.S. hotel company in Africa.