Marriott International to Acquire the citizenM Brand
Today, Marriott International (Nasdaq: MAR) announced it has reached an agreement to acquire the lifestyle brand citizenM, a unique and innovative offering in the select-service segment. The transaction is expected to accelerate Marriott's global expansion of its select-service and lifestyle lodging offerings, as the company continues to focus on expanding its portfolio to provide even more exciting options for guests and Marriott Bonvoy members around the world. The citizenM global portfolio currently consists of 36 open hotels, comprising 8,544 rooms, across more than 20 cities spanning the U.S., Europe, and Asia Pacific, including gateway cities like New York, London, Paris, and Rome. The brand's current pipeline includes three under-construction hotels totaling over 600 rooms that are anticipated to open by mid-2026, with the prospect of significant additional growth across Marriott's global regions over the next decade. The citizenM brand is known for its genuine service, tech-savvy in-hotel experience, highly efficient use of space, and focus on art and design. The brand, founded in 2008, caters to a growing demographic of value-conscious travelers looking for technology-driven accommodations with features like smart in-room design, indoor and outdoor common spaces featuring immersive artwork and local artifacts, comfortably appointed living rooms that serve as collaborative workspaces, creative meeting rooms, grab-and-go food and beverage options, and lively rooftop decks. At closing of the transaction, Marriott will pay $355 million to acquire the brand and related intellectual property. Following closing, the citizenM portfolio will become part of Marriott's system, with the hotels owned and leased by the seller subject to new long-term franchise agreements with Marriott. Stabilized fees for the open and under construction pipeline portfolio are anticipated to be approximately $30 million annually. The seller may also receive earn-out payments up to $110 million that are based on the future growth of the brand over a specified, multi-year timeframe. These payments would not begin until the fourth year following closing. The closing of the transaction is subject to various customary conditions, including U.S. regulatory approval. Assuming closing of the transaction in 2025, Marriott now expects full year 2025 net rooms growth to approach 5 percent. Morgan Stanley & Co. International plc and Eastdil Secured acted as financial advisors to the seller in this transaction.As we continue to drive best-in-class experiences for travelers, today's announcement builds upon Marriott's commitment to enhance options for guests and Marriott Bonvoy members. We are thrilled to add citizenM as a unique, differentiated offering to our select-service brand portfolio as we continue to strengthen Marriott's foothold in this valuable market segment around the world. Marriott has a proven track record of growing acquired brands significantly by leveraging our global development ecosystem, the benefits of our industry-leading affiliation cost structure, and the power of our award-winning Marriott Bonvoy loyalty platform. Anthony Capuano, President and CEO of Marriott International
We are very excited about our agreement with Marriott and look forward to this pivotal next step for our future growth. I envisage this relationship will greatly enhance citizenM's global reach and brand impact. Marriott as an organization shares our values and culture, and I am confident in their deep commitment in continuing our brand's DNA into the future. Rattan Chadha, Founder and Chairman of citizenM
I am excited about citizenM's future with Marriott International. citizenM was created for frequent travelers, and Marriott's distribution capabilities will allow us to welcome new modern guests. With the strength of Marriott's development engine, we look forward to the prospect of many additional citizenM properties in new destinations around the world. We will continue to own our real estate and operate all our hotels. This relationship will allow us to work together to maximize returns. Lennert de Jong, CEO of citizenM
About Another Star
Another Star is the company that founded, owns, and operates the citizenM hotel portfolio. Following Marriott International’s acquisition of the citizenM brand, Another Star continues to own and operate all existing citizenM hotels in key global gateway cities across Europe and the United States through long term franchise agreements with Marriott. The company runs its hotels through a distinctive central operating model, managing the portfolio like a single global retail brand, with a sharp focus on world class guest satisfaction and uncompromising operational efficiency. All citizenM hotels are now part of Marriott Bonvoy, giving nearly 260 million members access to the portfolio and the ability to earn and redeem points on every stay. In collaboration with Marriott Bonvoy, Another Star also continues to offer the paid membership program mycitizenM plus, which includes instant Marriott Bonvoy Gold Elite status. Backed by a 685 million US dollar financing facility led by J P Morgan in partnership with KSL Capital Partners, Another Star is positioned to accelerate growth, expand global visibility, and set a new standard for modern, design led hospitality that remains accessible, inspiring, and human. Visit anotherstar.com.
 Another Star, same ambition to redefine hospitality | By Henri RoelingsFriday 5 December 2025 |
 Marriott didn't spend $355M to buy 36 small-room hotels | By Nicolas VorsteherThursday 4 December 2025 |
 Following completion of citizenM integration with Marriott International, citizenM hotel ownership group debuts Another Star and announces refinancingWednesday 26 November 2025 |
 Marriott International Completes Acquisition of citizenM BrandThursday 24 July 2025 |
 The Rebel (Adopted) Child of Marriott: A "Jam Session" with Michael Levie | By Simone PuortoThursday 17 July 2025 |
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EHL Innovation Rewind: Michael Levie on Middleware, Microdata and the Jam Session Spirit of CitizenM | By Simone Puorto Tuesday 3 June 2025 |
Organization
Another Star
https://anotherstar.com/
Leidseweg 219
Voorschoten, 2253 AE
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