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Slide #15. Marriott International, Inc. — Protea Hospitality Holdings
Marriott International, Inc. (NASDAQ:MAR)
Protea Hospitality Holdings
Marriott International, Inc. (NASDAQ: MAR) and South Africa's Protea Hospitality Holdings announced today that they have signed definitive agreements for the purchase by Marriott of Protea's three brands and management company.
Marriott International is an operator, franchisor, and licensor of hotel, residential, and timeshare properties under various brand names at different price and service points. Co. has two operating segments: U.S and Canada and International. Co.'s Luxury hotel brands include JW Marriott, The Ritz-Carlton, and St. Regis. Co.'s Premium hotel brands include Marriott Hotels, Sheraton, Delta Hotels, Marriott Executive Apartments, and Marriott Vacation Club. Co.'s Select hotel brands include Courtyard, Residence Inn, Fairfield, SpringHill Suites, Four Points, TownePlace Suites, Protea Hotels, Aloft Hotels, AC Hotels by Marriott, Element Hotels, and Moxy Hotels.
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Buy (2.68 out of 4)