Marriott Expands Portfolio in Japan
Marriott International has inked a deal with Japanese real estate company Mori Trust Group to open five hotels, boosting its footprint in Japan to 20 properties.
Mori Trust’s five Laforet Hotels & Resorts will be rebranded as Marriott Hotels over the next two years. They include: Lake Biwa Marriott Hotel (formerly Laforet Biwako), Nanki-Shirahama Marriott Hotel (formerly Laforet Nanki-Shirahama), Fuji Marriott Hotel (formerly Laforet Yamanakako), Izu Marriott Hotel Shuzenji (formerly Laforet Shuzenji), and Karuizawa Marriott Hotel (formerly Laforet Naka-Karuizawa).
The partnership brings rewards to both sides: Mori Trust gets broader distribution of its hotels, and Marriott gains access to the growing number of inbound travelers to Japan, the companies said.