• Marriott announces Spanish joint venture

Marriott has agreed a joint venture with Spanish company AC Hotels to develop a new AC by Marriott brand. The chain will roll out across Europe and Latin America with an urban-style four-star hotel product.

More than 90 AC hotels in Spain, Italy and Portugal are set to be rebranded as a start. Details are still being negotiated but the brand is expected to roll out in 2011.

Read the full story here:  http://news.marriott.com/2010/10/marriott-international-and-ac-hotels-sign-agreement-to-form-hotel-joint-venture-and-new-co-brand-ac-.html#more

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