Marriott up on plans to bring W brands to Dominican Republic

Mac Hotels

24/10/2022 18:43

** Shares of luxury hotel operator Marriott International Inc.
 MAR.O  up 1% at $154.39, after briefly hitting their month's
high
    ** On Monday, co signs agreement with Grupo Puntacana And
Mac Hotels  MAHT.BO  to bring luxury W Hotels brand to the
Dominican Republic  urn:newsml:reuters.com:*:nFWN31P9IK
    ** Co bought five brands from Mexican hotel chain Hoteles
City for $100 million last week  urn:newsml:reuters.com:*:nS0N30M00M
    ** YTD, stock down ~7% including session moves 
 (Reporting by Anirban Chakroborti in Bengaluru)
 ((Anirban.Chakroborti@thomsonreuters.com;))