Marriott International Signs Deal to Launch Ritz-Carlton Brand on Xiamen Island, China

MT Newswires Live

2024/12/23

Marriott International (MAR) said Monday it has signed an agreement with Xiamen Green Development Investment Group to launch the Ritz-Carlton brand on Xiamen Island in China's Fujian province.

The Ritz-Carlton Xiamen will be in a mixed-use development with retail spaces and a 340-meter office tower, Marriott said.

Financial details weren't provided.

Price: 281.89, Change: -2.07, Percent Change: -0.73

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