The Coca-Cola Company secured an exclusive agreement to become the official beverage provider for Marriott International. This partnership displaces PepsiCo as the primary supplier for the world's largest hotel chain.
The deal places Coca-Cola products in nearly 9,700 Marriott hotels. These properties span 143 countries globally.
Marriott will exclusively feature core brands including Coca-Cola, Diet Coke, and Sprite. The agreement provides a new growth catalyst as Coca-Cola stock maintains positive momentum.