Marriott International Opens Fifth Hotel in Manhattan

Marriott International disclosed on Friday the opening of Four Points Manhattan Midtown West, the brand’s fifth hotel in Manhattan that’s located near Hudson Yards. Shares declined 1.7% intraday, but still traded near the top end of their 52-week price range of $60.87 – $91.07.

The company said in a statement Four Points is on track to expand its portfolio of rooms by nearly 60% in the next five years, with new hotels “strategically located in nearly every corner of the globe”.

“Four Points has experienced phenomenal growth in markets throughout North America and beyond,” said Paige Francis, the vice-president of global brand management for Four Points.

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