Marriott International is set to acquire lifestyle hotel brand CitizenM in a $355 million (£266 million) deal.
The acquisition will expand Marriott’s portfolio—already the world’s largest hotel operator with over 9,300 properties—by adding CitizenM’s 36 hotels and 8,544 rooms to its network.
Founded in 2008, CitizenM offers “affordable luxury” through compact, tech-savvy rooms, contemporary artwork, and rooftop bars.
CitizenM’s portfolio extends across more than 20 cities, including New York, Paris, and Rome. In the UK, it operates one hotel in Glasgow and five in London, with most room rates under £200 per night.
Three CitizenM hotels, comprising over 600 rooms, are currently under construction and scheduled to open by mid-2026.
The transaction is expected to be completed in 2025.
Rattan Chadha, founder and chairman of CitizenM, said the sale could pave the way for “many additional CitizenM properties in new destinations around the world.”
He added: “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.”
