TORONTO — Delta Hotels & Resorts has officially joined the Marriott family. After announcing the acquisition in early March, the Bethesda, Md.-based Marriott completed its acquisition of the Toronto-based hotel chain, purchasing its brand, management and franchise business for $170 million.
The deal adds 37 properties to Marriott’s portfolio, including the recently opened Delta Toronto, located in the downtown South Core neighbourhood. “We can now officially say ‘welcome’ and ‘bienvenue’ to approximately 6,500 new colleagues at both managed and franchised hotels across Delta’s portfolio. We look forward to the growth of the Delta brand throughout Canada and beyond. As we integrate the Delta brand and hotels into the Marriott International family, together we will work toward new opportunities in the years to come,” said Arne Sorenson, president and CEO of Marriott International.
With the completion of the acquisition, Marriott’s portfolio includes 123 properties and 27,000 rooms in Canada and 45 properties in the pipeline.