Benzinga | Oct 15, 2021 05:53AM EDT

Marriott Signs Agreement To Debut Westin Hotels & Resorts In Brazil

* Marriott International Inc (NASDAQ:MAR) has signed a franchise agreement with Hot?is Deville for the first Westin Hotels & Resorts in S?o Paulo, Brazil.

* The property, featuring 187 rooms, expects to welcome its first guests in the spring of 2024.

* The Westin Hotel S?o Paulo will sit within the JK Square mixed-use development, which is slated to include retail, offices, and residences.

* The architectural project was developed by KPF, while SDI Desenvolvimento Imobili?rio incorporated the entire complex.

* Price Action: MAR shares closed higher by 0.39% at $155.22 on Thursday.