MARRIOTT INTERNATIONAL, INC. (NASDAQ:MAR) Files An 8-K Regulation FD Disclosure

ME Staff 8-k
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MARRIOTT INTERNATIONAL, INC. (NASDAQ:MAR) Files An 8-K Regulation FD Disclosure
Item 7.01

Regulation FD Disclosure.

On January 18, 2018, a subsidiary of Marriott International, Inc. (“Marriott”) sold the 740-room Sheraton Buenos Aires Hotel & Convention Center and the 180-room Park Tower, A Luxury Collection Hotel, Buenos Aires,and received cash of approximately $100 million.Marriott retains long-term management agreements for both properties located in downtown Buenos Aires, Argentina.Both of the hotels will undergo renovations of their guest rooms,meeting space, lobby and other public areas.


About MARRIOTT INTERNATIONAL, INC. (NASDAQ:MAR)

Marriott International, Inc. is a lodging company. The Company is an operator, franchisor and licensor of hotels and timeshare properties in approximately 90 countries and territories under over 20 brand names. It operates through three segments: North American Full-Service, which includes brands, such as The Ritz-Carlton, EDITION, JW Marriott, Autograph Collection Hotels, Marriott Hotels, Delta Hotels and Resorts, and Renaissance Hotels located in the United States and Canada; North American Limited-Service, which includes brands, such as AC Hotels by Marriott, Courtyard, Residence Inn, SpringHill Suites, TownePlace Suites properties and Fairfield Inn & Suites located in the United States and Canada, and International, which includes brands, such as Bulgari Hotels & Resorts, Protea Hotels and Moxy Hotels located outside the United States and Canada. Its loyalty programs include The Ritz-Carlton Rewards and Starwood Preferred Guest.