April 29, 2025
Marriott's New Acquisition, Expedia's Cuts and Europe's Blackout
Skift Daily Travel BriefingAbout this episode
Marriott International plans to acquire CitizenM to expand its select-service and lifestyle hotel portfolio, expecting the deal to boost its 2025 net room growth and generate $30 million in annual fees. Expedia Group is laying off about 3% of its workforce, mainly in the product, technology, and finance teams, as part of a broader restructuring effort that began with its marketing team in March. Meanwhile, a rare atmospheric event triggered a major power outage across Spain and Portugal, severely disrupting travel and prompting emergency measures. Marriott to Buy CitizenM for $355 Million Expedia Restructures Product and Tech Teams, Will Lay Off 3% of Workforce Blackouts Across Spain and Portugal Hit Travel Connect with Skift LinkedIn: https://www.linkedin.com/company/skift/ WhatsApp: https://whatsapp.com/channel/0029VaAL375LikgIXmNPYQ0L/ Facebook: https://facebook.com/skiftnews Instagram: https://www.instagram.com/skiftnews/ Threads: https://www.threads.net/@skiftnews Bluesky: https://bsky.app/profile/skiftnews.bsky.social X: https://twitter.com/skift Subscribe to @SkiftNews and never miss an update from the travel industry.