Marriott to double in size in Thailand, signhs deal with TCC Hotels for 7 hotels Marriott International announced the signing of seven management agreements with TCC Hotels Group which will see the US hospitality company operating seven TCC hotels across Thailand. These agreements make the TCC Hotels Group the largest owner of Marriott International hotels in Asia Pacific. This agreement will add 3,000 rooms to Marriott International's existing 12 hotels of 3,110 rooms across Thailand.
TripAdvisor deal attractive for Marriott, says UBS UBS said the TripAdvisor (TRIP) deal is attractive for Marriott (MAR) since its adds a new customer acquisition outlet with a flexible partner. The firm also noted fear of further consolidation in the OTA space and the likelihood Marriott is at the low end of the commission scale. UBS reiterated its Neutral rating and $83 price target on Marriott shares.