Listen: Marriott to Expand Retail Presence
Marriott International and the retail real estate company Simon are partnering to open 5 new hotels near shopping and restaurant locations. Patrick Peterman, VP of development and asset intensification at Simon said, “There is a great synergy when you combine Marriott’s innovative hotels and Simon’s exciting shopping, dining, entertainment and mixed-use properties… The uses are very complementary.”
With trends showing consumers wanting places that they can eat and shop at while staying at their hotel, this plan will enable both Marriott and Simon to provide their customers the best of both experiences.
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