Marriott International, Inc. (MAR) recently announced a strategic collaboration with Delonix Group to boost its presence in mainland China. The initiative aims to expand Marriott's Tribute Portfolio brand and add 100 full-service Delonix hotels to the portfolio.Per the agreement, MAR will franchise the Tribute Portfolio brand with certain Delonix Group hotels (including Grand New Century and other premium brand locations). It emphasized hotel accessibility (via both companies' direct booking channels) and i ...