Marriott International said it expects its portfolio of hotels either open or under development to surpass one million rooms by the end of 2015.
When open, the hotels under development will have generated more than $50 billion in real estate investment globally by Marriott's owner partners and created more than 150,000 new hotel jobs.
"In 2014 alone, Marriott signed agreements for more than 650 hotels and 100,000 rooms to be added to its worldwide system over the next few years, a signing pace of nearly two new hotel deals a day,” says Arne Sorenson, Marriott's president and CEO.