Following an estimated 50 million dollars (about €37 million) transaction, the group Ashford Hospitality Trust acquires the Fremont Marriott Silicon Valley and its 357 rooms, located near San Jose.
As of January 1, 2014, Marriott was the 3rd World hotel group by number of rooms, with 653,719 rooms in 3,783 units according to the world rankings of MKG Hospitality (read article).
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