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Transaction Makes Marriott International the Largest Hotel Company in the Caribbean and Latin America
BETHESDA, Maryland, USA (May 1, 2023) -- Marriott International, Inc. (NASDAQ: MAR) announced today that it has completed its acquisition of the City Express brand portfolio from Hoteles City Express, S.A.B. de C.V. (BMV: HCITY). With this acquisition, Marriott International has entered the affordable midscale segment and is launching its 31st brand, City Express by Marriott.
