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Marriott planning new hotel in Brazil

Marriott International Inc., of Bethesda, the largest publicly traded U.S. hotel chain, announced plans to open a new 162-room Courtyard by Marriott hotel in Recife, Pernambuco, Brazil, the largest and most modern city in the northeastern region of the country.

The hotel project is developed under a management agreement with Rio Ave Ltda., a local real estate developer. The 12-story Courtyard by Marriott hotel, already under construction, is scheduled to open in the second quarter of 2014, before the World Cup. Marriott currently has five hotels in Brazil, with an additional four in various stages of development.