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Marriott signs deal with Blacksand to develop 10 hotels in Saudi Arabia, adding 1,300 rooms
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Marriott signs deal with Blacksand to develop 10 hotels in Saudi Arabia, adding 1,300 rooms
  • Marriott signed a multi-property agreement with Blacksand in Q2 2026 to develop 10 hotels in Saudi Arabia over four years.
  • The deal is expected to add more than 1,300 rooms across luxury, premium, select-service, extended-stay brands.
  • Design Hotels agreed to add 18 Palisociety-operated properties across 10 US destinations, representing more than 1,000 rooms.
  • Marriott signed City Express by Marriott projects in Brazil: 200 rooms in Recife, 150 rooms in Granja Viana, Cotia.
  • Marriott agreed to bring The Luxury Collection to Lake Tegernsee in Germany, with a 119-key resort planned to open in 2029.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marriott International Inc. published the original content used to generate this news brief on August 31, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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