Activist investor Land & Buildings Investment Management LLC is seeking a seat on the board of Marriott International Inc., according to people familiar with the matter, and believes the world’s biggest hotel company should narrow its brand portfolio among other changes. Land & Buildings, a Connecticut-based activist known for agitating for change at real-estate companies, has a small stake in the hotel chain and earlier this year nominated its founder, Jonathan Litt, to take a seat on Marriott’s board, the people...

Source: Wall Street Journal March 15, 2019 13:41 UTC