Marriott is buying Canada’s Delta hotels. The deal includes 38 hotels and 10,000 rooms across 30 Canadian cities including 28 new markets for Marriott. It will cost about $135 million dollars.
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It is actually a great move on Marriott’s part, because they don’t have that much of a presence in Canada. Delta runs quality hotels and are in many Canadian cities. And a benefit of the strong US $. You can buy foreign goods at a discount now, including hotels.
Hotel deals seem to be a trend…only a few days ago, Intercontinental picked up the Kimpton chain of quirky boutique hotels…