In an effort to expand the global presence, the Autograph
Marriott International Inc.
) will add three new hotels in the U.S. to its growing pool of
independently owned and operated high-quality assets this spring.
These three properties are located in San Francisco, Lake
Arrowhead, CA and Davenport, IA.
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Launched in Jan 2010, Autograph Collection's properties are
spread across the United States, Europe, the Caribbean and South
America. Since its opening, the brand has been gaining strong
The concept boasts prestigious properties like Turnberry Isle
Miami in Florida, The Algonquin Hotel in New York the
Cosmopolitan of Las Vegas, and The Saint Hotel in Louisiana. With
the latest inclusions, the Autograph Collection will have 45
Marriott has been adding properties to its collection at an
average of one property per month, since inception. This summer,
the Autograph Collection will also make an entry into Germany
with the opening of the Hotel am Steinplatz, after an extensive
makeover. Marriott plans to open its 50th Autograph hotel by year
Many owners are willing to renovate or reposition hotels in order
to join the Autograph Collection and come under the Marriott
brand. As a part of the Marriott group, these properties get to
reap the benefits of Marriott's much greater scale, industry
leading reservations and marketing system, as well as rewards
Marriott currently carries a Zacks Rank #3 (Hold). Some other
hotel industry stocks currently performing well include
Choice Hotels International Inc.
Wyndham Worldwide Corporation
Intercontinental Hotels Group plc
) all with a Zacks Rank #2 (Buy).