Saturday,  September 25, 2021  9:25 am

Marriott finalizes Delta acquisition


Marriott finalizes Delta acquisition

Marriott International, Inc. has completed the acquisition of the Delta Hotels and Resorts brand and management and franchise business from Delta Hotels Limited Partnership. The transaction increases Marriott's distribution in Canada to more than 120 hotels and 27,000 rooms, making Marriott the largest full-service hotel company in Canada. With the closing of the Delta transaction, Marriott's development pipeline in Canada exceeds 45 properties and 7,300 rooms. The acquisition is valued at $170 million. Marriott plans to fully integrate Delta hotels onto its world-class Marriott.com booking engine and its leading Marriott Rewards platform.  

Indicator...