Law360, New York (April 02, 2012, 8:02 PM ET) -- Eden Roc LLLP, owner of a Miami boutique hotel, upped the ante in its dispute with Marriott International Inc. on Monday with a new lawsuit that claims the hospitality giant cost it $75 million by failing to market the landmark Eden Roc Renaissance more competitively.
Marriott duped Eden into carrying out a $240 million renovation at the Eden Roc Renaissance while Marriott “flooded the hotel” with wholesale and cut-rate bookings and “wildly missed” financial benchmarks for the business, leaving Eden Roc Renaissance to “suffer with the...