ExCeL London - 30 Sep - 01 Oct 2021
18 October 2021 - Virtual
28 October - London, UK
MARRIOTT has confirmed an agreement it concluded with Whitbread plc to establish a 50/50 joint ownership venture enabling Marriott to assume management of Whitbread”s portfolio of 46 franchised Marriott and Renaissance hotels.
All 76 Marriott branded properties in the UK would, for the first time, come under the same management. The joint venture is expected to sell the actual hotels within three years, with Marriott taking back long-term management agreements. Marriott has confirmed that much needed refurbishment work at the Grosvenor House Hotel, Park Lane (left), London, was progressing on track. Plans call for the property to be re-branded as the JW Marriott Grosvenor House and to have 494 rooms when the restoration is completed in 2007.