Marriott Hotel Chain To Check Out Of Trenton
The Marriott hotel chain says it will check out of New Jersey’s capital city once its contract ends in June.
Trenton’s only hotel has struggled financially for years. And the managers of the city-owned hotel say things have only gotten worse. The occupancy rate stands at just 50 percent.
Marriott spokesman John Wolf confirmed to The Times of Trenton it will not extend its contract. The firm managing operations is also not renewing its contract.
The city of Trenton is still spending $1.4 million a year to pay off the costs of building the hotel a decade ago.
It is located just blocks from the statehouse. Officials say they have been talking with other chains about taking over and that a lower-priced hotel might be a better fit.