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KKR (KKR.US) and Baupost Group acquired 33 Marriott International hotels in the united kingdom.
KKR (KKR.US) and Baupost Group have established a joint venture, acquiring 33 Marriott International hotels in the United Kingdom from ADIA.
Press Release: KKR and Baupost Purchase 33 Marriott International Hotels in the UK From ADIA
Express News | Marriott plans to lay off 833 employees in early 2025, while the business in china will not be affected for now.
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