Marriott International agreed a deal to add eight hotels to its portfolio in the Netherlands, including the launch of the Series hotel brand in the Dutch market for the first time. The US hospitality group, which carries a market value of about $94.2b, also opened JW Marriott's first all-inclusive resort in Costa Rica, a new format for the luxury flag. Marriott runs and licenses hotels, resorts, residences, and timeshare properties across regions that include Europe and Latin America. The company's disclosed global rooms pipeline stands at roughly 629,000 rooms, and investors can watch the next quarterly update for any change, especially in luxury, premium and all-inclusive formats that can carry higher fee rates over time.
Marriott International IncMarriott agreed a deal to add eight hotels in the Netherlands and opened its first JW Marriott all-inclusive resort in Costa Rica, expanding its portfolio and rooms pipeline.
