City Express by Marriott, part of Mariott Bonvoy's portfolio of more than 30 varied, extraordinary brands, characterized to offer smart, comfortable and practical accommodations part of an affordable midscale segment designed to be conversion - friendly, with an opportunity for new builds in the future will have a solid expansions to new countries with new hotels in the Caribbean and Latin America regions debuting in Argentina, Bolivia, Nicaragua and Peru, with up to eight properties in the next three years further solidifying Marriott International' presence with this mid - range establishments in strategic markets.
This announcement comes on the heals of Marriott Unternational's recently announced plan to bring the City Express by Marriott brand to Brazil and expanding furthermore the brand to the United States of America and Canada as a new midscale transitional offering in the region.
Following Marriott's acquisition of the City Express Brand portfolio from a Mexico City - based company, for $100 million in late 2022 and with the introduction in the U.S. and Canada markets marking the company's entry into the transient midscale segment in North America, City Express by Marriott continued its success in Mexico and new development opportunities in secondary and tertiary destinations across the country.
In 2024 Marriott International signed contracts with 12 City Express by Marriott hotels comprising 1236 rooms, a brand that in the portfolio of the hospitality company based headquartered in Bethesda – Maryland currently boast 153 hotels and 17.777 rooms rhrough the CALA region.
The planned expansion in Argentina, Bolivia, Nicaragua and Peru is another strategic move increasing the existing portfolio in Latin American and the Caribbean next to the existing portfolio in Chile, Colombia, Costa Rica and Mexico.
Laurent de Kousemaeker, Marriott International's Chief Development Officer in the Caribbean and Latin America said that the company is thrilled to introduce the City Express by Marriott in these countries and the brand's expansion undeescores the growing demand for affordable, high-quality accommodation options in the region.
The Chief Development Officer also declared that these new additions reflect Marriott International commitment to provide diverse travel experiences for every guest and focus on providing new built and conversion opportunities for the owners and developers working in the group, confident that City Express by Marriott will continue to thrive in these dynamic markets.
With a strong pipeline of projects and an ongoing focus on strategic development, City Express by Marriott is today well - positioned to meet the need of travellers seeking value - added accommodations without compromising on quality and service.
Link - https://www.expreso.info/noticias/hoteles/104759_city_express_marriott_se_expande_nuevos_paises_del_caribe_e_iberoamerica
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