We want to let you in on a little secret that many of the world's top executives believe is the key to success. In the video above, watch Wikipedia co-founder Jimmy Wales, Marriott International president and CEO Arne Sorenson and other...Show More Summary
The largest Residence Inn worldwide opened November 2015 as the 380 room Residence Inn Chicago Downtown/Loop. The hotel marked the 700th hotel for Marriott International’s Residence Inn brand and celebrated 40 years since the opening...Show More Summary
For the first Future of Work Podcast for 2016, I speak with David Rodriguez the Executive Vice President and Chief Human Resource Officer of Marriott International. The topic of this podcast is all around the business impact of employee health and wellness. This is a huge theme that we will [...]
Marriott International has named Leeny Kelly Oberg as its next CFO. Oberg, a 16-year Marriott veteran, is currently responsible for the company's wholly owned subsidiary, The Ritz-Carlton Hotel Co. Oberg will be replacing Carl Berquist...Show More Summary
Do hotel chain mergers like Marriott International acquiring Starwood Hotels have far less impact on the combined loyalty program benefits compared to mergers between airlines like American and US Airways or United and Continental? New York Times published Merger Mania in Hospitality Raises Competition Concerns by Martha C. Show More Summary
Loyalty Traveler December 2015 Hotel Promotions Guide One big hotel industry story this past month is Marriott International is buying Starwood Hotels. Rumors in 2015 had Wyndham, IHG or Hyatt buying Starwood. Other Marriott Rewards changes make reward nights elite qualifying and Marriott Rewards will introduce Cash + Points rewards in early 2016. Show More Summary
When Marriott International picked SAP Jam, the global hotel chain was looking for a better way of organizing corporate training and learning – but got an enterprise social network as part of the package. That dovetails with SAP’s strategy, which is essentially the inverse of how social collaboration software has often [...]
“Devaluing points or member benefits is not the way to preserve and strengthen these programs” is what Arne Sorenson — who is the president and chief executive officer of Marriott International, Incorporated — says to allay those fears...Show More Summary
Hilton HHonors reminds hotel guests there is another major U.S. hotel chain not yet owned by Marriott International. HHonors Holiday Bonus is 2,500 points for stays of two or more nights in December at any U.S. Hilton brand hotels. HHonors Promotion Registration: Dec 1-31, 2015 Holiday Bonus 2,500 points. Show More Summary
A WSJ item last month, Hotel Operators Ready to Rumble Over Upgrades, caught my attention for surprising plans by Marriott to bring recently-acquired Canada’s Delta Hotels to the US: Now, Marriott International Inc. wants a piece of this lucrative conversion market. Show More Summary
With the major news announced this week by Marriott International, Incorporated acquiring Starwood Hotels and Resorts Worldwide, Incorporated — as well as the frequent flier loyalty programs of Aer Lingus and American Airlines beingShow More Summary
Marriott International has just agreed to purchase Starwood Hotels and Resorts Worldwide for $12.2 billion in cash and stock, a move that will create the largest hotel company on the planet. The merger is likely to come as great relief to Starwood, whose stock has suffered over the last......
Marriott’s planned acquisition of Starwood is the largest takeover of a hotel company since Blackstone bought Hilton in 2007. ||| New York - Marriott International’s agreement to buy Starwood Hotels & Resorts Worldwide in a $12.2 billion...Show More Summary
Marriott International Inc.'s plan to acquire Starwood Hotels & Resorts Worldwide Inc. will create the world's largest hotel company and could trigger more mergers as rivals jockey to compete. The deal announced Monday to unite Marriott and Starwood, valued at about $12.2 billion, would create...
With more than a million rooms combined, Marriott and Starwood now make up the largest hotel company in the world.
My ears perked up when I heard Arne Sorenson, President & CEO of Marriott International speak a little on why Starwood. The post Starwood Being Bought by Marriott appeared first on Magic of Miles.
I don’t think anyone saw that coming. After pitching itself to Chinese investors, IHG, and even Hyatt, today we learned that Starwood Hotels & Resorts will be acquired by Marriott International. The merger will bring together over 5,500 properties worldwide, easily beating IHG’s ~4,800 to produce the world’s largest hotel company. Show More Summary
How does John Paulson feel about Starwood Hotels & Resorts Worldwide (HOT) agreeing to be bought by Marriott International (MAR)? Based on data reported by MarketWattch’s Tomi Kilgore, the New York hedge fund Paulson & Co. founded by the billionaire investor is Starwood’s largest holder, and may not be thrilled with the price. A SEC […]
This post originally appeared on Business Insider. Marriott International is acquiring Starwood Hotels & Resorts, creating the world's largest hotel company. The deal is valued at $12.2 billion, consisting of $11.9 billion worth of Marriott stock and $340 million in cash. Show More Summary