Marriott Completes Acquisition of City Express Brand Portfolio
Marriott International, Inc. announced that it has completed its acquisition of the City Express brand portfolio from Hoteles City Express, S.A.B. de C.V. With this acquisition, Marriott International has entered the affordable midscale segment and is launching its 31st brand, City Express by Marriott. “We are thrilled to expand our portfolio into the fast-growing affordable midscale segment,” said Leeny Oberg, chief financial officer and executive vice president, development, Marriott International. “Our goal is to be […]
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