Marriott International to Acquire the citizenM Brand
Published on May 3, 2025
Marriott International, Inc. has announced its plan to acquire the popular lifestyle hotel brand, citizenM, for a whopping $355 million. This strategic move aims to strengthen Marriott's presence in the lifestyle hotel segment. With the addition of citizenM's 36 hotels, Marriott's portfolio will expand, offering guests unique and modern accommodation options around the world. This acquisition reflects Marriott International's commitment to providing exceptional hospitality experiences to its customers. Industry experts predict this venture will result in increased revenue and further solidify Marriott's position as a leading global hospitality company. Investors are advised to seek professional advice from Stocks Prognosis to make informed decisions regarding the movement of Marriott International's stocks.
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