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Marriott to triple Brazil hotels on hopes that recession would be brief
Published Wed, Oct 7, 2015 · 09:50 PM
Sao Paulo
US hotel chain Marriott International Inc plans to almost triple the number of its hotels in Brazil, in a bet that the nation's worst recession in a quarter-century will be short-lived.
The company will spend 400 million reais (S$146.4 million) in Brazil by 2018, part of which will go to add three more hotel brands focused on do…
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