KKR and Baupost Purchase 33 Marriott International Hotels in the UK from ADIA [Yahoo! Finance]
Marriott International - Class A (MAR)
Last marriott international - class a earnings: 2/26 04:30 pm
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Source: Yahoo! Finance
Amante Capital, KKR's dedicated European hospitality platform, will serve as managing partner to the joint venture LONDON, December 02, 2024 BUSINESS WIRE )--Leading investment firms KKR and The Baupost Group today announced a joint venture to purchase a portfolio of 33 Marriott International hotels across the UK from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA). Amante Capital, KKR's vertically integrated European hospitality platform, will serve as managing partner for the joint venture and the properties will continue as premium Marriott branded hotels. The portfolio consists of 33 full-service properties branded as Marriott and Delta by Marriott in London and prime regional cities including Edinburgh, Glasgow, Leeds and Liverpool. The 6,500 key portfolio benefits from recent high-quality refurbishments and features an attractive mix of amenities catering to business and leisure guests, ranging from conference and event venues to golf and recreation.
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News
- Marriott (MAR) Up 9.7% Since Last Earnings Report: Can It Continue? [Yahoo! Finance]Yahoo! Finance
- Marriott International, Inc. (NASDAQ: MAR) had its price target raised by analysts at Truist Financial Co. from $254.00 to $277.00. They now have a "hold" rating on the stock.MarketBeat
- Marriott Recognizes Crestline Hotels & Resorts with Its Prestigious Serve 360 Award [Yahoo! Finance]Yahoo! Finance
- Marriott Recognizes Crestline Hotels & Resorts with Its Prestigious Serve 360 Award [Yahoo! Finance Canada]Yahoo! Finance Canada
- Luxury Group by Marriott International Is Set to Redefine the Luxury Hospitality Landscape with Inspired Perspectives in Iconic Destinations in 2025 [Yahoo! Finance]Yahoo! Finance
MAR
Earnings
- 11/4/24 - Miss
MAR
Sec Filings
- 11/25/24 - Form 4
- 11/22/24 - Form 144
- 11/14/24 - Form 4
- MAR's page on the SEC website