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Sunday,  July 14, 2024 2:48 AM 

Marriott saw 36% increase in leisure revenue in 2023

  • Hotels
  •   05-09-2024  6:13 am
  •   Pax Global Media

Marriott saw 36% increase in leisure revenue in 2023
HONEYROSE Hotel, Montreal. (honeyrosemontreal.com).
Pax Global Media

Marriott International’s presence in Canada strengthened with a 36 per cent year-over-year increase in hotel-level leisure revenue in 2023, according to a press release.

With 274 hotels currently open and 90 in the pipeline, several factors, including a focus on lifestyle, upper midscale and extended stay brands; as well as market-specific loyalty program offerings and partnerships, continue to drive the company’s success in Canada, Marriott said in a press release.

In an effort to meet the increased demand for leisure, Marriott says it continues to focus on the lifestyle sector with conversion-friendly collection brands such as Autograph Collection and Tribute Portfolio. 

These “soft brands” offer design flexibility and can provide excellent opportunities for developers and hotel owners wishing to target leisure guests seeking distinctive and unique experiences in stunning locations.

One notable example is the HONEYROSE Hotel, Montreal, a Tribute Portfolio Hotel with its art-deco-inspired design and blend of vintage and modern amenities, ideally situated in the heart of downtown Montreal.

“In addition to development teams in Eastern and Western Canada, Marriott International has dedicated sales and marketing teams across Canada,” said Paul Cahill, SVP, Canada Operations, Marriott International. “Our Canadian-based team engages with owners, developers, customers and guests to truly understand what’s important to these stakeholders in this market. We’re focused on growing our presence in Canada with new openings, localized Marriott Bonvoy partnerships and programming.” 

Marriott recently enhanced its leisure offerings in Canada with the introduction of Moxy Hotels, launching its first two properties with the opening of Moxy Halifax Downtown in January 2024 and Moxy Banff which debuted this spring.

Moxy Hotels are also planned for various gateway cities throughout Canada including Montreal, Vancouver, and Ottawa over the next three years.

Upper midscale & extended stays

The Canadian team is also handling extended stay, upper midscale and midscale properties. 

Two of the marquee brands in these segments, Fairfield by Marriott (31 hotels open in Canada) and TownePlace Suites by Marriott (21 hotels open in Canada), are amongst the fastest-growing brands in the country, with 24 and 25 properties in Marriott’s pipeline, respectively.

“Marriott International has experienced strong momentum in Canada due to our dedicated focus on conversions and upper midscale and extended stay brands,” said Noah Silverman, global development officer, U.S. & Canada at Marriott International. “We’re expecting leisure demand in Canada to remain strong throughout 2024, particularly in destinations like Vancouver Island, the Okanagan Valley, Atlantic Canada and the Niagara Region.” 

Loyalty enrollment contributing growth

Marriott Bonvoy, Marriott's travel program has developed a loyal following among Canadians, the company says.

Through strategic relationships with Live Nation Canada, the Toronto International Film Festival (TIFF), the Toronto Maple Leafs, the Montreal Canadiens and others, engagement with Canadian members is strong, the company says.

Canadian members can also benefit from global offerings such as the opportunity to bid on access to the Mercedes-AMG PETRONAS F1 Team during the Montreal race weekend or experiences with Taylor Swift | The Eras Tour including the opportunity to win a trip to Vancouver including air travel, hotel accommodations, two concert tickets, and a Marriott Bonvoy welcome gift.

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