Starwood, Marriott Shareholders Approve Merger WSJ

(Getty Images) When Marriott International announced a $12.2 billion bid for Starwood Hotels and Resorts Worldwide, consumers weren't the only ones shocked by the news. Analysts, investors. With the free flow of points now allowed by the Marriott-Starwood merger, you can essentially book these properties for only 15,000 SPG points per night (after being transferred to Marriott at a 1:3 ratio)! If you are a SPG loyalist with a pile of points, you can't find a cheaper redemption in Starwood's own portfolio.

Starwood accepts Marriott’s latest offer 13.6 billion The

Marriott International, Inc. (NASDAQ: MAR) and Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) announced today that the boards of directors of both companies have unanimously approved a definitive merger agreement under which the companies will create the world's largest hotel company. Marriott International, Inc. and Starwood Hotels & Resorts Worldwide, Inc. are planning to merge, creating the largest hotel company in the world. During separate stockholder meetings in. 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. 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.

MarriottStarwood, naissance officielle d'un nouveau géant Hospitality ON

NEW YORK (AP) — 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. With more than 5,700 hotels totaling about 1.1 million rooms in over 110 countries, Marriott last week began efforts to assure Starwood's SPG loyalty members that the benefits of having an. The announcement. On 16 November, Marriott ended the speculation of Starwood's fate with the announcement the Bethesda, Maryland-based company would acquire Starwood for $12.2 billion. The deal. Marriott International, Inc. (NASDAQ: MAR) has completed its acquisition of Starwood Hotels & Resorts Worldwide, Inc., creating the world's largest and best hotel company.

Hôtellerie fusion à 12 milliards entre Marriott et Starwood

Former Starwood Hotels shareholders will thus own 37% of the capital of the new Marriott International and will receive $340 million in cash. The transaction valorizes the Starwood Hotels & Resorts group at 12.2 billion dollars, including 11.9 billion paid in shares. The brand portfolio of the new world leader is impressive: Luxury: Ritz. Marriott International has struck a $12.2 billion deal to acquire Starwood Hotels & Resorts Worldwide, creating the largest hotel company in the world. The merger marries Starwood's global lifestyle brands with Marriott's luxury and select-service properties, along with its convention and resort brands, to create a more comprehensive portfolio. The deal will also see Marriott […] Starwood is gone. Long live the new Marriott International. After counter-offers from a Chinese investment company, lawsuits from hotel owners and delays in the approval process, Marriott has finally completed its 10-month, $13-billion acquisition of Starwood Hotels & Resorts, adding 30 new hotel brands to its portfolio.The company now has more than 5,700 hotels and 1.1 million rooms in over. Marriott International, Inc. (NASDAQ: MAR) and Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) announced today that the companies have signed an amendment to their definitive merger agreement that creates the world's largest hotel company.

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