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Marriott International will acquire the Netherlands-based CitizenM hotel brand for $355 million, the company announced Monday.
The acquisition is intended to accelerate Marriott’s global expansion in the select-service and lifestyle lodging segments, according to the company. Once approved by regulators, the move will add 36 select-service lifestyle hotels in the U.S., Europe and Asia Pacific to Marriott’s portfolio, as well as three under-construction hotels when they open in 2026.