Marriott agrees to buy Starwood, making it the largest hotel chain in the world

Tuesday, November 17th 2015 - 09:07 UTC

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Marriott International has agreed to buy Starwood Hotels and Resorts in a $12.2 billion deal that will make it the largest hotel chain in the world. The boards of directors of both companies have unanimously approved a merger agreement, Marriott announced this morning. The combined companies will operate or franchise more than 5,500 hotels with 1.1 million rooms worldwide. About 35% of the properties are outside the USA. Read full article

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ElaineB
Interesting. For a long time Hyatt was tipped to purchase Starwood which would have increased their portfolio in Europe. Marriott and Starwood have a fair number of locations with competing hotels so I could see them letting some go in the future.
Nov 17th, 2015 - 09:44 am - Link - Report abuse 0
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gordo1
Try their Alfonso XIII property in Sevilla, España - best hotel in Europe!
Nov 18th, 2015 - 06:43 am - Link - Report abuse 0
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ElaineB
Thanks, it looks amazing. Should I have a reason to go to Seville I will certainly try it.
Nov 18th, 2015 - 09:44 am - Link - Report abuse 0
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