Marriott Debuts Series by Marriott Brand in U.S.


Skift Take

Marriott launched Series by Marriott in the U.S. with a Santa Barbara conversion and signed 11 European hotel projects. Plus, more hotel deal and development news.

Wells Fargo upped their price target on Host Hotels to $20 from $19. They maintained their Overweight rating.

Best Western Plus Pepper Tree Inn, located in Santa Barbara, California, has now upgraded and rebranded to become FOUND Hotels, Santa Barbara, Series by Marriott. The 150-room hotel offers lush courtyards and two outdoor pools. The opening builds on the strategic partnership between Hawkins Way Capital and Marriott International to convert six properties to FOUND Hotels, Series by Marriott, marking the U.S. debut of the Series by Marriott brand.

The 120-room Hampton Inn Downingtown/Exton in Chester County,Pennsylvania, has been sold for nearly $4.5 million. JSK Exton North LLPpurchased the Exton property in mid-February, property records show. The buyer is listed in property records as in care of GHM Properties LLC. The seller is registered at the address