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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 deal, which includes citizenM’s related intellectual property, is expected to accelerate Marriott’s growth and cater to guests and Marriott Bonvoy members worldwide with more options.
The citizenM brand boasts a portfolio of 36 hotels, encompassing 8,544 rooms across key cities in…
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