Thursday, October 7, 2010

Spain’s AC Hotels in Marriott deal

AC Hotels has signed joint venture with Marriott International which will include a welcome equity injection into one of Spain’s best-known urban chains while raising the US operator’s southern European profile.


AC said on Thursday an initial 90 AC hotels in Spain, Portugal and Italy would be rebranded “AC by Marriott” as part of the deal, which involves an undisclosed investment by the US group.

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