Marriott signs deal for Nickelodeon branded hotels and water parks

Posted | Contributed by Jeff

Marriott International Inc., the biggest U.S. hotel operator, and Viacom Inc.'s Nickelodeon cable network will create a chain of resorts with water parks and themed restaurants. As many as 20 Nickelodeon Resorts by Marriott may be built around the world by 2020, with the first to break ground in San Diego next year, the companies said Thursday. The hotels will be owned by Miller Global Properties LLC and managed by Marriott. Nickelodeon will receive a licensing fee.

Read more from Bloomberg via The Orlando Sentinel.

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