<ul><li>Marriott International has agreed to acquire the lifestyle brand citizenM, expanding its select-service and lifestyle lodging offerings.</li><li>citizenM currently has 36 hotels across the US, Europe, and Asia Pacific, known for their tech-savvy in-hotel experience and focus on art and design.</li><li>At the closing of the transaction, Marriott will pay $355 million to acquire the brand and related intellectual property.</li><li>The acquisition is expected to strengthen Marriott's foothold in the select-service market segment and drive global expansion.</li></ul>

Marriott International to Acquire the citizenM Brand

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