To the point
Marriott adds nearly 150 properties to its portfolio, significantly increasing its presence in Latin American countries.
This addition of City Express to Marriott International’s portfolio makes it the largest hotel company in Latin America and the Caribbean
Marriott International recently announced that it has completed the acquisition of the City Express brand portfolio from Hoteles City Express, a Mexican chain. This addition to the Marriott International portfolio allows it to launch 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.
Some 150 properties are now part of the Marriott franchise. City Express Hotels include city, suburban and extended stays in Mexico, Costa Rica, Colombia and Chile, with exceptional brand recognition among Latin American travellers.
The transaction increased Marriott’s presence in the Caribbean and Latin America region by about 45%, reaching more than 480 properties in 37 countries.
This is excellent news for the Marriott Bonvoy program, which will have even more opportunities to use and earn points on future trips. As a reminder, Marriott Bonvoy offers two credit cards in Canada (one personal and one business).
Mexico is calling you? Check out our many guides:
Come to discuss that topic in our Facebook Group!
