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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 West End landmark, noted for its 1960s-era rock 'n' roll pedigree, will be converted back to a live performance venue by ...
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 ...