Marriott Signs Agreement To Debut Westin Hotels & Resorts In Brazil

by Shivani Kumaresan, Benzinga Staff Writer
October 15, 2021 5:53 AM | 1 min read |
  • Marriott International Inc MAR has signed a franchise agreement with Hotéis Deville for the first Westin Hotels & Resorts in São Paulo, Brazil.
  • The property, featuring 187 rooms, expects to welcome its first guests in the spring of 2024.
  • The Westin Hotel São Paulo will sit within the JK Square mixed-use development, which is slated to include retail, offices, and residences. 
  • The architectural project was developed by KPF, while SDI Desenvolvimento Imobiliário incorporated the entire complex.
  • Price Action: MAR shares closed higher by 0.39% at $155.22 on Thursday.
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