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Marriott looks to grow branded-residential portfolio by 70% by 2022

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Marriott looks to grow branded-residential portfolio by 70% by 2022

Marriott International Inc. plans to expand its branded residential portfolio by more than 70% by 2022, beginning with 19 projects slated to open in 2018 and 2019.

The projects include the St. Regis Amman in Amman, Jordan, expected to open early in 2019; 21 branded residential units at The Solaz, a Luxury Collection Resort, in Los Cabos, Mexico, expected to open in September; and a residential-only Ritz-Carlton project in South Florida's Sunny Isles Beach, expected to open in 2019.