Service Trust terminates Marriott management agreement : 122 hotels to leave
The agreement between the companies covers 122 hotels in 31 states, including 71 Courtyards, 35 Residence Inns, 12 TownePlace Suites, two Springhill Suites and two Marriotts.
If Marriott doesn’t make the requested payment, Service Trust said it would transition management and branding of the properties to Sonesta International Hotels, which it has a 34% stake in.