United Kingdom
United States
Asia Pacific
Marriott acquires Mexico hotel chain
Marriott International announced an agreement with Hoteles City Express, to acquire the City Express brand portfolio.
It marks Marriott’s entry into the affordable midscale segment and becomes its 31st brand.
The portfolio currently comprises 152 hotels, with 17,356 rooms across 75 cities in Mexico and three additional countries in Latin America.
Upon closing of the transaction, the brand will become part of Marriott’s franchise system.
Marriott will also acquire the franchise rights to five under-construction projects in the pipeline, representing an additional 676 rooms.
Marriott expects to update the brand name with its signature ‘by Marriott’ endorsement.
Marriott is paying $100 million for Hoteles City’s brand portfolio (City Express, City Express Plus, City Express Suites, City Express Junior, and City Centro), trademarks and related intellectual property, along with the City Premios loyalty program.
“This transaction with Hoteles City Express is a strategic win for Marriott and our customers, associates and owners and franchisees,” said Anthony Capuano, Chief Executive Officer, Marriott International.
“We’re excited to enter a new lodging category – the popular affordable midscale segment where we see significant potential.”
Hoteles City Express was founded in México in 2002 by Luis Barrios.
The company’s portfolio offers urban, suburban, and extended stay offerings in Mexico, Costa Rica, Colombia, and Chile.
Marriott expects the transaction tp close between the end of 2022 and the first half of 2023.
Learn more about : Marriott ( N. America )
Ray Monty
Walt Leger on New Orleans’ Resilience and Major Events Ahead
Cindy Mackin Shares Estes Park’s Winter Thrills
Mark Jaronski of Explore Georgia on FIFA World Cup 2026
Connecting Small Businesses to Global Tourism Markets: Nate Huff of Tourism Exchange
North Carolina’s Resilience: Wit Tuttell on Recovery and Tourism
Kittipong Prapattong’s Plan for Thailand’s Tourism Growth: Taxes, Visas, and Campaigns
James Jin: Didatravel’s Journey from China to Global Reach and the Impact of AI on Travel
Darien Schaefer on Pensacola’s Evolution: From Small Town to Global Destination
Florida Tourism’s Next Frontier: Dana Young on Expanding Beyond the Classics
Patrick Harrison on Tampa Bay Tourism’s Resilience and Marketing Strategy
Bubba O’Keefe on Clarksdale’s Vibrant Music Scene
Commemorating Elvis and Embracing Tupelo’s Culture with Jennie Bradford Curlee
BA suspending all Heathrow to Abu Dhabi flights
Unexpected wave rocks cruise ship
Report: Cruise guest died after ship lashed in heavy storm
British teen in serious condition after paraglider collision
JetBlue scraps London Gatwick flights