Marriott Sued For $75M Over Handling Of Boutique Hotel

Law360, New York (April 2, 2012, 8:02 PM EDT) -- 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...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.