Marriott and YTL Hotels sign Asia agreements
Hong Kong – 11 December 2017 –
Marriott International and YTL Hotels announce agreements for new hotels across Asia, strengthening both companies’ presence in the world’s fastest-growing region.
The two companies agreed to develop two new luxury hotels in Malaysia under the JW Marriott and EDITION brands and signed MOUs for two hotels in Japan, an EDITION and a W Hotel in Niseko Village, Hokkaido.
Francis Yeoh, managing director of YTL Group of Companies, said: “We’re delighted to expand our hospitality footprint in Asia through Marriott International.
“Our 20-year relationship has been pivotal to the growth of YTL Hotels in Malaysia, Asia and in the UK. We currently have 11 Marriott International hotels in our portfolio of 32 hospitality assets, making us one of Marriott’s largest owning companies with one of the longest relationships in Asia.
“Through illustrious Marriott International brands such as The Ritz-Carlton, JW Marriott and Autograph Collection, we seek to offer our guests experiences that will make memories for a lifetime.”
Craig S. Smith, president and managing director for Marriott International Asia Pacific, said: “We are pleased with today’s announcement, which advances our goal of doubling our luxury presence in Asia Pacific.”
In Malaysia, YTL Hotels’ second JW Marriott hotel will be located near KL Sentral, while the 350-key EDITION in Kuala Lumpur – Malaysia’s first – will be located in the neighbouring Kuala Lumpur City Centre.
In Japan, the EDITION and W hotels will further complement the luxury hotel experience in the fully integrated Niseko Village.