Hospitality business Marriott International has entered an agreement to acquire lifestyle company citizenM to expand its global footprint in the select-service and lifestyle lodging sector. This $355m ...

Key Takeaways Marriott International will pay $355 million for Netherlands-based hotel chain citizenM, which is expected to help lift Marriott's 2025 net rooms growth.Adding citizenM gives Marriott a ...

Marriott International said Monday it would buy the lifestyle hotel brand CitizenM for $355 million, broadening its presence in primarily urban markets with a brand that offers small, tech-enabled ...

Pappas Restaurants will buy On the Border Mexican Grill & Cantina out of bankruptcy. The Texas-based restaurant group ...

Marriott’s CFO told Skift that won't happen to CitizenM. "We’ve really demonstrated through a number of acquisitions that we are absolutely able to take a unique brand that we acquire ...

Marriott International agreed to acquire lifestyle brand citizenM for $335 million, a deal seen expanding the company's select-service and lifestyle lodging offerings.

Under the deal, the properties will continue to be owned and leased by citizenM but subject to new long-term franchise agreements with Marriott. With the acquisition of the brand, which is ...

Marriott made a big financial move by acquiring the lifestyle brand citizenM. The $355 million acquisition was announced on April 28 and adds 36 more hotels globally to the Marriott Bonvoy portfolio.

The hotel industry was abuzz Monday after Marriott International announced plans to acquire the Netherlands-based CitizenM brand in a $355 million deal set to boost the hotel heavyweight’s ...

BETHESDA, Md., April 28, 2025 /PRNewswire/ -- Today, Marriott International (Nasdaq: MAR) announced it has reached an agreement to acquire the lifestyle brand citizenM, a unique and innovative ...