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
Welcome to the new Marriott. You can check out anytime you want, but you can never leave it behind, because its hotels are everywhere Marriott International, the hotel giant that operates The Ritz Carlton, Renaissance Hotels and theShow More Summary
Marriott International Inc. is buying Starwood Hotels & Resorts Worldwide Inc. for $12.2 billion to create the world's largest hotel company, beating other suitors, which reportedly included... To view the full story, click the title link.
Less than a month after Hyatt Hotels was reported to be in talks to buy rival Starwood Hotels and Resorts Worldwide, it was a different lodging industry giant that popped the $12.2 billion question. Marriott International announced on Monday that it had agreed to buy Starwood – the operator of brands like Sheraton, St. Regis, W and Westin. The newly …
While the debt-funded buyback bubble may finally be on its way out, the M&A bubble is still on its 4th wind, confirmed moments ago when Marriott International announced it would buy Sheraton-owner Starwood Hotels & Resorts Worldwide Inc in a $12.2 billion deal to create the world's largest hotel chain. Show More Summary
This morning the news posted of a major hotel chain merger with Marriott buying out Starwood Hotels in a takeover acquisition. I never saw Marriott International mentioned in 2015 during all the speculation of a Starwood acquisition,...Show More Summary
NEW YORK (AP) — Marriott International is buying rival hotel chain Starwood for $12.2 billion in a deal that will secure its position as the world's largest hotelier. The stock-and-cash deal, if completed, will add 50 percent more rooms to Marriott's portfolio and give it more unique, design-focused hotels that appeal to younger travelers. Show More Summary