While weve seen sparse complaints from hotel guests about the integration of the worlds two largest hotel chains, Marriott and Starwood, things apparently arent going so well for some hotel owners. continue reading →
Companies like this come for sale only every 10 years or longer. If you don't jump at them, forever you'll look back and say, well should we have done it? And so we jumped in continue reading →
When Marriott acquired Starwood, plenty of commentators started to wonder about the future of several of Starwoods brands. After all, many of them are small - Starwood wasnt growing as quickly as investors would have liked, hence the selloff in the first place. And clearly many of the brands are duplicative with Marriotts brands. continue reading →
Marriott And Starwood Expect To Become Combined Company On September 23 - Starwood Anticipates Delisting of its Shares from Trading on the NYSE Before Market Open on September 23 continue reading →
With these authorizations, the only remaining country in which Marriott and Starwood require pre-merger authorization is China. Marriott and Starwood continue to cooperate with the Chinese regulatory agency (MOFCOM) and will be prepared to close the transaction promptly upon receiving authorization from China. continue reading →
Marriott International, Inc. (NASDAQ: MAR) and Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) announced that at separate special stockholder meetings Friday the stockholders of both companies approved proposals relating to Marriott's acquisition of Starwood, which will create the world's largest hotel company. continue reading →
Starwood Hotels & Resorts CEO Thomas Mangus said Friday he was 'disappointed' that a consortium led by Anbang Insurance Group withdrew its $14.1 billion buyout offer but was 'excited' for the prospect of Marriott International owning Starwood. continue reading →