trending Market Intelligence /marketintelligence/en/news-insights/trending/O8m3-ezDT6eYUDx7mdVrWw2 content esgSubNav
In This List

Carey Watermark Investors 2 buys Marriott hotel for $170M

Video

S&P Capital IQ Pro | Unrivaled Sector Coverage

Video

S&P Capital IQ Pro | Powering Your Edge

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Enterprises are missing out on 24B by not optimizing cloud spending not going multicloud


Carey Watermark Investors 2 buys Marriott hotel for $170M

Carey Watermark Investors 2 Inc. acquired Charlotte Marriott City Center from a subsidiary of Marriott International Inc. for approximately $170 million.

Marriott said it will retain a long-term management agreement for the 19-story, 446-room property, which is in the central business district of Charlotte, N.C.

In 2016, over $40 million of capital improvements were delivered to the property, including the addition of eight guest rooms, five food and beverage outlets, a fitness center, an M Club Lounge and a lobby core.