On the Record · Marriott
Marriott acquisitions, on the record
The businesses Marriott bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
City Express brand portfolio from Hoteles City Express, S.A.B. de C.V.Word for word“On May 1, 2023, we completed the acquisition of the City Express brand portfolio from Hoteles City Express, S.A.B. de C.V. for $ 100 million.” 10-K for 2023 | acquisition | On May 1, 2023 | $ 100 million |
Starwood Hotels & Resorts Worldwide, LLC, formerly known as Starwood Hotels & Resorts Worldwide, Inc. ("Starwood")Word for word“On September 23, 2016, we completed the acquisition of Starwood Hotels & Resorts Worldwide, LLC, formerly known as Starwood Hotels & Resorts Worldwide, Inc. (“Starwood”), through a series of transactions, after which Starwood became an indirect wholly-owned subsidiary of the Company.” 10-K for 2023 | acquisition | On September 23, 2016 | — |
a hotel in the Caribbean & Latin America regionWord for word“Gains and other income, net increased primarily due to a gain on the sale of a hotel in the Caribbean & Latin America region ($24 million).” 10-K for 2023 | divestiture | — | $24 million |
Sheraton Grand Chicago hotel and the fee simple interest in the land underlying the hotelWord for word“In the 2024 fourth quarter, we completed the asset acquisition of the Sheraton Grand Chicago hotel and the fee simple interest in the land underlying the hotel for a purchase price of $ 514 million, including direct transaction costs.” 10-K for 2024 | agreed acquisition | In the 2024 fourth quarter, we completed | 514 million, including direct transaction costs |
hotel in the CALA regionWord for word“Gains and other income, net decreased primarily due to a gain recorded in the prior year on the sale of a hotel in the CALA region ($24 million).” 10-K for 2024 | divestiture | — | $24 million |
City Express brandWord for word“In 2023, we also had cash outflows of $101 million due to the City Express brand acquisition.” 10-K for 2024 | acquisition | 2023 | $101 million |
citizenM brand and related intellectual propertyWord for word“NOTE 3. ACQUISITION In the 2025 second quarter, we announced that we reached an agreement with citizenM Holding BV and certain of its affiliates (the “seller”) to acquire the citizenM brand and related intellectual property for $ 355 million, and we completed the acquisition in the 2025 third quarter.” 10-K for 2025 | acquisition | 2025 third quarter | $ 355 million |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2016-12-31 | $2.39 billion | $6.77 billion |
| 2017-12-31 | $0 | — |
| 2018-12-31 | $0 | — |
Deal filings since 2016
- 2026-09-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-12-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-01-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-04-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-07-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-02-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-09-23 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2016-06-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-03-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Marriott’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-10. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.