The first Marriott hotel due to open in Serbia

09.01.2012

Total investment of 25 million Euro / scheduled opening early 2014

Belgrade – the renowned international hotel group Marriott will shortly open its first hotel in Serbia. The construction is expected to begin during the second half of 2012.

The completion is projected for the end of 2013. This investor will be a subsidiary company of the internationally operating PSP-Farman Holding from Serbia.

The US hotel group Marriott International Inc. will thereby open its first hotel in the Serbian Capital Belgrade at the beginning of 2014. The “Courtyard by Marriott Belgrade City Center” (four star rating) will offer more than 107 rooms (TOPHOTELPROJECTS Nr. 12499). The investment volume is projected to be approximately 25 Million Euro. In early 2011 the investor, PFB Properties d.o.o (Belgrade), signed a management contract for the hotel with Marriott. PFB Properties – a subsidiary company of the international operating (including Russia) construction and property holding PSP-Farman – will pilot the construction project.  But it is also said that, as usual, subcontracts will be appointed to numerous other firms.

Another important project headed by the PSP-Farman Holding in Belgrade is the construction of a multi-functional property in the so-called Blok 65 in the Novi Beograd district. A housing, business and trade complex arise on a more than 30,000 square kilometer large site. Construction started in September 2011. The investment volume is projected at 160 Million Euro.

Marriott International
According to TOPHOTELPROJECTS Marriott currently develops and builds 58 international new hotels and resorts with more than 10,500 rooms for its Courtyard brand. According to TOPHOTELCHAIN Courtyard currently has 800 hotels under operation worldwide.
 

Marriott International (souce: TOPHOTELCHAINS)

BrandNumber of hotels
Courtyard by Marriott800
Marriott Execustay750
Fairfield Inn & Suites by Marriott658
Residence Inn by Marriott613
Marriott Hotels & Resorts494
SpringHill Suites by Marriott274
TownPlace Suites by Marriott193
Renaissance Hotels & Resorts146
Ritz-Carlton70
JW Marriott Hotels & Resorts49
Autograpf Collection26
Marriott Conference Centers11
AC Hotels by Marriott2
Edition Hotels2

 

TOPHOTELPROJECTS GmbH