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Marriott buys Starwood, becoming world's largest hotel chain
Source: CNBC
Several of the best-known names in travel are now united in one hotel company.
Marriott International closed Friday morning on its $13 billion acquisition of Starwood Hotels & Resorts Worldwide, bringing together its Marriott, Courtyard and Ritz Carlton brands with Starwood's Sheraton, Westin, W and St. Regis properties.
In total, 30 hotel brands now fall under the Marriott umbrella to create the largest hotel chain in the world with more than 5,800 properties and 1.1 million rooms in more than 110 countries. That's more than 1 out of every 15 hotel rooms around the globe.
Marriott now eclipses Hilton Worldwide's 773,000 rooms and the 766,000 that are part of the Intercontinental Hotels Group family, according to STR, a firm that tracks hotel data.
Marriott International closed Friday morning on its $13 billion acquisition of Starwood Hotels & Resorts Worldwide, bringing together its Marriott, Courtyard and Ritz Carlton brands with Starwood's Sheraton, Westin, W and St. Regis properties.
In total, 30 hotel brands now fall under the Marriott umbrella to create the largest hotel chain in the world with more than 5,800 properties and 1.1 million rooms in more than 110 countries. That's more than 1 out of every 15 hotel rooms around the globe.
Marriott now eclipses Hilton Worldwide's 773,000 rooms and the 766,000 that are part of the Intercontinental Hotels Group family, according to STR, a firm that tracks hotel data.
Read more: http://www.cnbc.com/2016/09/23/marriott-buys-starwood-becoming-worlds-largest-hotel-chain.html
Bulk order of THE BOOK OF MORMON for all the nightstands?
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Marriott buys Starwood, becoming world's largest hotel chain (Original Post)
brooklynite
Sep 2016
OP
niyad
(113,323 posts)1. would not doubt that for a moment.
tonyt53
(5,737 posts)2. Damn. Will they put some of that fancy Westin soap in the Fairfield Inns?
KeepItReal
(7,769 posts)3. If you can't beat 'em, buy 'em.
Wonder how they will dilute my Starwood Preferred Guest benefits even more...
onehandle
(51,122 posts)4. Marriott is a gigantic Republican contributor. nt
RandySF
(58,884 posts)5. Good news for us.
My partner worked under Marriott until the hotel changed management companies. Now, the hotel she currently works in is now Marriott. As a result, she will pick up where she left off with service credit and we can once again take advantage of outstanding Marriott employee discounts