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Stay, Shop. Marriott Expands Its Partnership with Simon.

Shopping malls, according to a Marriott release, “are increasingly becoming ideal hotel destinations, offering consumers amenities steps from their room and providing both companies a powerful combination that optimizes real estate values.”

Bethesda-based Marriott International Inc. will open at least five new hotels in Simon Property Group Inc.-owned shopping centers over the next several years, the world’s largest hotel company announced Thursday. Shopping malls, according to a Marriott (NASDAQ: MAR) release, “are increasingly becoming ideal hotel destinations, offering consumers amenities steps from their room and providing both companies a powerful combination that optimizes real estate values.” "With consumers increasingly...

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TAGS: Hotel
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