Marriott International
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Starwood Hotels and Resorts Worldwide, Inc. was one of the largest companies that owned, operated, franchised and managed hotels, resorts, spas, residences, and vacation ownership properties. It was acquired by Marriott International in 2016.
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Nov 16, 2015 · Marriott International and Starwood Hotels & Resorts Worldwide announced a merger agreement in November 2015, combining their portfolios of over 5,500 hotels worldwide. The transaction offered substantial economies of scale, earnings accretion, capital returns and accelerated growth for both companies and their shareholders.
With 30 distinctive brands and more than 5,500 hotels, the deal will make Starwood-Marriott the world's biggest hotel chain. When Marriott International announced a $12.2 billion bid...
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Sep 23, 2016 · Marriott International completed the acquisition of Starwood Hotels & Resorts in September 2016, creating the world's largest and best hotel company with 30 leading brands and over 5,700 properties. The merger also combined Marriott Rewards and Starwood Preferred Guest, offering members more benefits and destinations for travel and exclusive experiences.
Feb 17, 2016 · Sale of Hotel Portfolio to Host Hotels and Resorts (formerly Host Marriott): On April 10, 2006, Host Hotels and Resorts acquired 28 properties from Starwood Hotels & Resorts Worldwide, Inc. in a stock and cash transaction.
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