Hilton Adds NoMad Hotel Brand in Deal to Expand Luxury Offerings [BNN Bloomberg (Canada)]
Marriott International - Class A (MAR)
Last marriott international - class a earnings: 2/26 04:30 pm
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Source: BNN Bloomberg
The transaction sets the stage for a wider expansion into key global cities, according to Chris Silcock, Hilton's president for global brands and commercial services. All NoMad properties will be independently owned, while the brand, known for its flagship London location, will be integrated into Hilton's platforms, according to a statement Wednesday that didn't include financial details. “NoMad London does a great job of blending luxury and lifestyle into a unique experience that appeals to affluent travelers,” Silcock said in an interview. “We think we can take this concept and can grow it to something in the region of 100 properties.” Last year, Bloomberg News reported that Sydell Group was exploring a sale of the NoMad brand, naming Hilton as a potential buyer. Sydell Chief Executive Officer Andrew Zobler opened the first NoMad hotel in Manhattan just north of Madison Square Park in 2012. That original hotel in New York shuttered during the pandemic. Zobler's firm has devel
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MAR
Earnings
- 2/13/24 - Beat
MAR
Sec Filings
- 4/1/24 - Form 4
- 4/1/24 - Form 4
- 3/29/24 - Form 4
- MAR's page on the SEC website