{"id":109918,"date":"2025-05-07T11:15:05","date_gmt":"2025-05-07T08:15:05","guid":{"rendered":"https:\/\/rhn.ro\/marriott-international-acquires-hotel-brand-citizenm\/"},"modified":"2025-05-07T11:15:05","modified_gmt":"2025-05-07T08:15:05","slug":"marriott-international-acquires-hotel-brand-citizenm","status":"publish","type":"post","link":"https:\/\/rhn.ro\/en\/marriott-international-acquires-hotel-brand-citizenm\/","title":{"rendered":"Marriott International acquires hotel brand CitizenM"},"content":{"rendered":"<p>Marriott International has reached an agreement to acquire Netherlands-based hotel brand CitizenM for $355 million. <\/p>\n<p>The company is currently owned by a group of investors, including Dutch pension provider APG, Singapore investment fund GIC and founder Rattan Chadha.<\/p>\n<p>CitizenM&#8217;s portfolio comprises 36 hotels (8,544 rooms) worldwide, with three more under construction. Upon completion of the transaction, CitizenM hotels will join the Marriott system under new long-term franchise agreements, while ownership of the properties will remain with the seller. <\/p>\n<p>Marriott expects to earn about $30 million annually in stabilized fees. The seller could also receive up to $110 mil. in earn-out payments starting in the fourth year, based on future brand growth.   <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Marriott International has reached an agreement to acquire Netherlands-based hotel brand CitizenM for $355 million. The company is currently owned by a group of investors, including Dutch pension provider APG, Singapore investment fund GIC and founder Rattan Chadha. CitizenM&#8217;s portfolio comprises 36 hotels (8,544 rooms) worldwide, with three more under construction. Upon completion of the&hellip;<\/p>\n","protected":false},"author":8,"featured_media":109890,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2853],"tags":[4130],"thb-sponsors":[],"class_list":["post-109918","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment","tag-marriott-international-en"],"article_style_override":"","post-style":"","post_via":"","post-top-image":"","_links":{"self":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/109918","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/comments?post=109918"}],"version-history":[{"count":0,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/109918\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media\/109890"}],"wp:attachment":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media?parent=109918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/categories?post=109918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/tags?post=109918"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/thb-sponsors?post=109918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}