Marriott expanding in Canadian market with purchase of Delta Hotel brand

BETHESDA, Md. -- Marriott International, Inc. is buying the Delta hotel brand, adding about 30 hotels with 10,000 rooms to its Canadian network.

It will pay C$168 million to acquire the brand, management and franchise business from British Columbia Investment Management Corp., which manages about $114 billion of assets for public sector pensions and other clients.

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