Marriott International Expands in China With Ritz-Carlton Deal
MARMarriott International(MAR) ZACKS·2024-12-24 22:51

Marriott International, Inc. (MAR) has taken a significant step in expanding its luxury portfolio in China. The company announced a partnership with Xiamen Green Development Investment Group to introduce The Ritz-Carlton brand to Xiamen Island in Fujian Province. This move underscores Marriott’s commitment to delivering elevated guest experiences in high-demand destinations.The Ritz-Carlton, Xiamen, will be a key part of a mixed-use development in the Siming District. The project will feature retail spaces ...