Complex sentence: In 1998, Marriott International announced plans to convert Fairfield Suites to SpringHill Suites by Marriott, positioned to capture a share in the upper-moderate-priced all-suite lodging segment of the hotel industry.
Split into simpler sentences: In 1998, Marriott International announced plans to convert Fairfield Suites to SpringHill Suites by Marriott. By doing so, Marriott hoped to capture a share in the upper moderate-priced all-suite lodging segment of the hotel industry.