Marriott International Completes Acquisition of citizenM Brand
MONTGOMERY COUNTY, MARYLAND, JUL 23 – The acquisition adds 37 hotels with 8,789 rooms in over 20 cities globally to Marriott's portfolio and targets value-conscious, tech-driven travelers, Marriott said.
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MADRID, 24 (EUROPA PRESS) The hotel chain Marriott International announced this Wednesday the completion of the acquisition of the CitizenM brand, an operation with which it reinforces its offer of lifestyle accommodation in key urban destinations worldwide. CitizenM, founded in 2008 currently operates 37 hotels with a total of 8,789 rooms distributed [...] La entrada Marriott completes the acquisition of the CitizenM brand aparece primero en Fo…
Marriott International Acquires citizenM Brand
Marriott International (Nasdaq: MAR) has completed its acquisition of the innovative lifestyle brand citizenM. As Marriott focuses on further growing the company’s select-service portfolio globally, this transaction provides even more lodging offerings for guests and Marriott Bonvoy members in exciting destinations around the world. The current citizenM global portfolio includes 37 open hotels, comprising 8,789 rooms, across more than 20 cities …
Marriott Completes Acquisition of citizenM Hotel Brand - The Bulkhead Seat
Back in April, I wrote about Marriott International planning to acquire the the lifestyle hotel brand known as citizenM. The hoteliers global portfolio currently has 37 properties across more than 20 cities spanning the United States, Europe, and Asia Pacific. This represents 8,789 rooms. Today, that acquisition was completed. Under the terms of the acquisition, Marriott paid $355 million to acquire the brand and related intellectual property. T…
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