Marriott To Acquire An Affordable Latin American Hotel Brand Bringing Its Total To 31
Hotel brand bloat doesn’t appear to be a weight problem that’s going away anytime soon.Marriott International made a surprising brand addition Wednesday, announcing a $100 million deal with Mexico-based Hoteles City Express. The deal positions Marriott to acquire the brand family of City Express, a chain of affordable midscale hotels located across Latin America. It also puts Marriott on track to become the largest hotel company in the Caribbean and Latin America, the company claims....