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Just weeks after IHG acquired the smaller Ruby chain, Marriott has just announced it has 'reached an agreement' to buy the ...
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 ...
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 ...
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 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 chain ...
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 ...
The living room in the CitizenM New York Bowery. Photo Credit: CitizenM Marriott International has agreed to acquire the select-service lifestyle hotel brand CitizenM for $355 million. Founded in ...
Matthias Balk / picture alliance via Getty Images Marriott International will pay $355 million for Netherlands-based hotel chain citizenM, which is expected to help lift Marriott's 2025 net rooms ...
The citizenM global portfolio currently consists of 36 open hotels, comprising 8,544 rooms, across more than 20 cities spanning the U.S., Europe, and Asia Pacific, including gateway cities like ...
Marriott International will be acquiring global lifestyle hotel brand, citizenM, for a reported $355 million. The agreement will add citizenM's 36 hotels into the Marriott Bonvoy portfolio, along with ...