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MARRIOTT INTERNATIONAL AND DELONIX GROUP ANNOUNCE FIRST THREE AGREEMENTS TO FURTHER EXPAND TRIBUTE PORTFOLIO IN CHINA

As part of the strategic cooperation agreement, the first three deals expected to mark the Tribute Portfolioís brand debut in Hangzhou and Chongqing.

MARRIOTT INTERNATIONAL AND DELONIX GROUP ANNOUNCE FIRST THREE AGREEMENTS TO FURTHER EXPAND TRIBUTE PORTFOLIO IN CHINA

As part of the strategic cooperation agreement, the first three deals expected to mark the Tribute Portfolioís brand debut in Hangzhou and Chongqing.

Category: Asia Pacific - China - Industry economy - Hotel projects
This is a press release selected by our editorial committee and published online for free on 2024-05-24


Grand New Century Hotel, Hangzhou Boao, a Tribute Portfolio Hotel

Grand New Century Hotel, Hangzhou Boao, a Tribute Portfolio Hotel
Photo credit © Marriott International

Marriott International, Inc. announced the first three projects under its strategic cooperation agreement with Delonix Group, one of the leading China-based hospitality companies, are now underway.

Anticipated to open in spring 2025, the first signed Tribute Portfolio Hotels are expected to mark the brand’s debut in three scenic destinations, and include the Grand New Century Hotel, Hangzhou Boao, a Tribute Portfolio Hotel, the Wonderland Resort, Hangzhou Jiande, a Tribute Portfolio Resort and the Grand New Century Hotel, Chongqing, a Tribute Portfolio Hotel.

“We are pleased with how quickly our strategic agreement with Delonix Group has materialized with today’s announcement of the first phase,” said Yibing Mao, President, Greater China, Marriott International.

“The confidence that Delonix Group and other owners and franchisees have in Marriott underscores our operational excellence and the power of our brands. We are optimistic in meeting consumer needs, strengthening our brand presence in the region, and driving revenues for owners."

These signings will mark Tribute Portfolio's brand debut in three scenic destinations including Chongqing, Xiaoshan and Jiande, providing guests with enriching experiences through captivating design and vibrant social scenes.

Grand New Century Hotel, Chongqing, a Tribute Portfolio Hotel will offer 210 modern guest rooms and suites.

Strategically located in the center of Chongqing, it is in close proximity to Chaotianmen Wharf, Hongya Cave, and tourist attractions and business districts. Wonderland Resort, Hangzhou Jiande, a Tribute Portfolio Resort is located in the Qililong Area of the Fuchun River – Xinan River Scenic Area in Jiande, Hangzhou.

Neighboring famous historical and cultural attractions such as Lingshi Temple and Zixu Gorge, the hotel features unique chalets and vacation-style cottages, offering a total of 203 guest rooms.

Located in the central area of Xiaoshan district, Hangzhou, Grand New Century Hotel, Hangzhou Boao, a Tribute Portfolio Hotel draws design inspiration from Hangzhou's abundant river system and is anticipated to feature 299 guest rooms and suites.

Alex Zheng, Executive Chairman of Delonix Group commented: "We are pleased with the progress of our collaboration with Marriott International. With our local expertise combined with the strengths of Marriott, we look forward to offering more high-quality projects in the future."

About Delonix Group

Delonix Group is a global hospitality and experiential consumer group, with a primary focus on offline consumer sectors such as hotels, restaurants, and offline entertainment. Delonix’s investment portfolio includes the hotel group New Century Hotels and Resorts, as well as the innovative company “Betterwood Lifestyle Lab”. Betterwood is a membership system launched by Delonix, committed to reshaping the landscape of experiential consumption. Adhering to an innovative approach, it connects with consumers by creating effective offline experiential scenes.

Delonix currently owns and operates 10 renowned lifestyle brands: Grand New Century, Maison New Century, Found Retreat, Grand House, Wonderland Resorts, CANARY, Ruby Hotels, MJ Hotel, Yiju Life and MORA SPACE.

Delonix has expanded its presence in the overseas hotel markets, with commercial territory expanding to over 1,400 hotels and 200,000 rooms in operation as well as under development pipeline. Based on user experience, Delonix considers ESG factors as strategic considerations for measuring corporate value. Delonix emphasizes a resilient and sustainable growth path by empowering the real economy through the cultural and tourism industry.

About Marriott International

Marriott International, Inc. (NASDAQ: MAR) is based in Bethesda, Maryland, USA, and encompasses a portfolio of nearly 8,900 properties across more than 30 leading brands in 141 countries and territories. Marriott operates and franchises hotels and licenses vacation ownership resorts all around the world. The company offers Marriott Bonvoy, its highly awarded travel program.

About Tribute Portfolio

Tribute Portfolio is a growing global family of characterful, independent hotels drawn together by their passion for captivating design and their drive to create vibrant social scenes for guests and locals alike. With nearly 120 hotels in more than 25 countries and territories around the world, Tribute Portfolio has struck a chord with those who seek out independent experiences and crave a connection with the community when traveling. From boutique resorts like Ermita in Cartagena and urban hotels such as The Vagabond Club in Singapore; to hotels in indie-spirited locales like Bellyard in Atlanta and Hotel Riomar in Ibiza, each Tribute Portfolio hotel celebrates its individuality, offering travelers a fresh, often colorful, perspective.Tribute Portfolio is proud to participate in Marriott Bonvoy, the global travel program from Marriott International. The program offers members an extraordinary portfolio of global brands, exclusive experiences on Marriott Bonvoy Moments and unparalleled benefits including free nights and Elite status recognition.

Grand New Century Hotel, Chongqing, a Tribute Portfolio Hotel

Grand New Century Hotel, Chongqing, a Tribute Portfolio Hotel
Photo credit © Marriott International




Wonderland Resort, Hangzhou Jiande, a Tribute Portfolio Resort
Photo credit © Marriott International



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