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Stronger development for Marriott international

While presenting the guidance for Q4/2009, Bill Marriott indicated that the group will add about 38,000 rooms to its worldwide portfolio in 2009, up from 33,000 forecast in October. He also announced the signing of an agreement with Pulso Hotelero of Mexico to develop 36 Fairfield Inns in the country over the next ten years. This is the biggest ever multi-unit development agreement signed by Marriott. The Mexican Fairfield Inns will operate under long-term franchise agreements.

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