Marriott Leads Hotel Construction Deals Market

Law360, New York (January 27, 2014, 4:37 PM EST) -- Coming off a year in which the company signed more than one hotel development project per day, Marriott International Inc. has the U.S. lodging industry's fastest-growing new construction pipeline, it said Monday.

Inking a record 387 hotel development deals in 2013, Marriott said it had more than 22,000 hotel rooms under construction in the U.S. at the end of the year and expects new hotel openings to accelerate in 2014 and 2015. The company also has been making significant development deal pushes in Africa and Asia...
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