Marriott International, Inc. (NASDAQ:MAR) is an American diversified hospitality company that manages and franchises a broad portfolio of hotels and related lodging facilities. Founded by J. Willard Marriott, the company is now led by his son, Executive Chairman Bill Marriott and President and Chief Executive Officer Arne Sorenson. Marriott International has more than 4,087 properties in over 80 countries and territories around the world, over 697,000 rooms (as of July 2014), and additional 195,000 rooms in the development pipeline.
In June 2014, Marriott International opened their 4,000th hotel, the Marriott Marquis in Washington, D.C.
On November 16, 2015, Marriott said it would purchase Starwood Hotels and Resorts Worldwide for $12.2 billion. The deal would create the world's largest hotel company.
Starwood Hotels and Resorts Worldwide, Inc. is an American hotel and leisure company headquartered in Stamford, Connecticut. One of the world's largest hotel companies, it owns, operates, franchises and manages hotels, resorts, spas, residences, and vacation ownership properties under its 11 owned brands. As of 1 December 2014, Starwood Hotels and Resorts owned, managed, or franchised over 1,200 properties employing over 180,400 people, of whom approximately 26% were employed in the United States.
On November 16, 2015, Marriott International announced it would purchase Starwood Hotels and Resorts Worldwide for $12.2 billion, creating the world's largest hotel chain.
History
Starwood Hotels and Resorts was originally formed by the real estate investment firm Starwood Capital to take advantage of a tax break; at the time the company was known as Starwood Lodging. Initially, Starwood Lodging owned a number of hotels throughout North America, all under different brand names. The Westin Hotel Company was purchased in 1994 from Aoki Corporation of Japan. Starwood acquired the Sheraton, Four Points by Sheraton, and The Luxury Collection brands from ITT Sheraton in 1998.
Promotional video showcasing the luxury brands of Starwood Hotels and Resorts in South America, Mexico and Panama including St. Regis, Luxury Collection, Westin and W Hotels. Directed by the highly-respected US hotel photographer Mark Knight, chief-creative for the Window Channel Network.
published: 01 Feb 2017
Introduction Video: Starwood Hotels & Resorts Worldwide, Inc.
published: 06 May 2015
Starwood Hotels and Resorts Worldwide
published: 19 Nov 2012
Luxury Hotels Conference with Starwood Hotels & Resorts Worldwide
Joining the PSB Paris School of Business MSc in Luxury & Fashion Management program, you will go behind the scenes and experience luxury and fashion brands.
Students participate in a Starwood Hotels & Resorts Worldwide conference and seminar led by a representative from this international luxury company.
published: 11 Dec 2015
Marriott to Buy Starwood Hotels for $12.2 Billion
Marriott is acquiring rival Starwood Hotels and Resorts in a $12.2 billion deal that will create the world's largest hotel company with more than one million rooms globally. Photo: AP.
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published: 17 Nov 2015
Why Starwood doesn't own many hotels
CFO Vasant Prabhu says that its more profitable for building owners to pass on management to hotel companies like Starwood.
published: 14 Aug 2013
Starwood Hotels and Resorts Worldwide
published: 17 Oct 2013
World's Largest Hotel Company in the Works With Marriott's Deal to Acquire Starwood
Marriott International Inc. (MAR) has reached a deal to create the world's largest hotel operator with its agreement to acquire Starwood Hotels & Resorts Worldwide Inc. (HOT) for $12.2 billion. The buyer would to pay 0.92 of its shares and $2 in cash for each share of Starwood, leaving Starwood holders with about 37% of the combined company. Marriott's CEO Arne Sorenson in a statement said that 'the driving force behind this transaction is growth,' and explained, 'This is an opportunity to create value by combining the distribution and strengths of Marriott and Starwood, enhancing our competitiveness in a quickly evolving marketplace. This greater scale should offer a wider choice of brands to consumers, improve economics to owners and franchisees, increase unit growth and enhance long-ter...
published: 16 Nov 2015
Starwood Hotels & Resorts Our Brands
published: 31 Oct 2018
Starwood Hotels & Resorts
Starwood Preferred Guest Resorts offer more Luxury at More Destinations Worldwide.
Treat the whole family at Starwood Preferred Guest Resorts and experience more luxury at more destinations. With spectacular properties worldwide Starwood has a resort for every personality and need from beach resorts to urban hotels and ski resorts. Enjoy the richest amenities, fun activities like watersports and golf. Be pampered at world-class Spas, dine on exquisite cuisine, and take in amazing live entertainment. Experience luxurious accommodations that provide lots of room to spread out along with impeccable service. Starwood has a resort and a destination perfect fo your family.
Visit out network for more fun travel tips and location reviews.
Link: http://www.travelandlifestyletv.com
Check us out...
Promotional video showcasing the luxury brands of Starwood Hotels and Resorts in South America, Mexico and Panama including St. Regis, Luxury Collection, Westin...
Promotional video showcasing the luxury brands of Starwood Hotels and Resorts in South America, Mexico and Panama including St. Regis, Luxury Collection, Westin and W Hotels. Directed by the highly-respected US hotel photographer Mark Knight, chief-creative for the Window Channel Network.
Promotional video showcasing the luxury brands of Starwood Hotels and Resorts in South America, Mexico and Panama including St. Regis, Luxury Collection, Westin and W Hotels. Directed by the highly-respected US hotel photographer Mark Knight, chief-creative for the Window Channel Network.
Joining the PSB Paris School of Business MSc in Luxury & Fashion Management program, you will go behind the scenes and experience luxury and fashion brands.
St...
Joining the PSB Paris School of Business MSc in Luxury & Fashion Management program, you will go behind the scenes and experience luxury and fashion brands.
Students participate in a Starwood Hotels & Resorts Worldwide conference and seminar led by a representative from this international luxury company.
Joining the PSB Paris School of Business MSc in Luxury & Fashion Management program, you will go behind the scenes and experience luxury and fashion brands.
Students participate in a Starwood Hotels & Resorts Worldwide conference and seminar led by a representative from this international luxury company.
Marriott is acquiring rival Starwood Hotels and Resorts in a $12.2 billion deal that will create the world's largest hotel company with more than one million ro...
Marriott is acquiring rival Starwood Hotels and Resorts in a $12.2 billion deal that will create the world's largest hotel company with more than one million rooms globally. Photo: AP.
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Marriott is acquiring rival Starwood Hotels and Resorts in a $12.2 billion deal that will create the world's largest hotel company with more than one million rooms globally. Photo: AP.
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Marriott International Inc. (MAR) has reached a deal to create the world's largest hotel operator with its agreement to acquire Starwood Hotels & Resorts Worldw...
Marriott International Inc. (MAR) has reached a deal to create the world's largest hotel operator with its agreement to acquire Starwood Hotels & Resorts Worldwide Inc. (HOT) for $12.2 billion. The buyer would to pay 0.92 of its shares and $2 in cash for each share of Starwood, leaving Starwood holders with about 37% of the combined company. Marriott's CEO Arne Sorenson in a statement said that 'the driving force behind this transaction is growth,' and explained, 'This is an opportunity to create value by combining the distribution and strengths of Marriott and Starwood, enhancing our competitiveness in a quickly evolving marketplace. This greater scale should offer a wider choice of brands to consumers, improve economics to owners and franchisees, increase unit growth and enhance long-term value to shareholders.' Meanwhile, Starwood's chairman Bruce Duncan said in a statement that the company's 'board concluded that a combination with Marriott provides the greatest long-term value for our shareholders and the strongest and most certain path forward for our company.' The Deal's Senior Reporter Lisa Allen has the details from New York.
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Marriott International Inc. (MAR) has reached a deal to create the world's largest hotel operator with its agreement to acquire Starwood Hotels & Resorts Worldwide Inc. (HOT) for $12.2 billion. The buyer would to pay 0.92 of its shares and $2 in cash for each share of Starwood, leaving Starwood holders with about 37% of the combined company. Marriott's CEO Arne Sorenson in a statement said that 'the driving force behind this transaction is growth,' and explained, 'This is an opportunity to create value by combining the distribution and strengths of Marriott and Starwood, enhancing our competitiveness in a quickly evolving marketplace. This greater scale should offer a wider choice of brands to consumers, improve economics to owners and franchisees, increase unit growth and enhance long-term value to shareholders.' Meanwhile, Starwood's chairman Bruce Duncan said in a statement that the company's 'board concluded that a combination with Marriott provides the greatest long-term value for our shareholders and the strongest and most certain path forward for our company.' The Deal's Senior Reporter Lisa Allen has the details from New York.
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Starwood Preferred Guest Resorts offer more Luxury at More Destinations Worldwide.
Treat the whole family at Starwood Preferred Guest Resorts and experience mo...
Starwood Preferred Guest Resorts offer more Luxury at More Destinations Worldwide.
Treat the whole family at Starwood Preferred Guest Resorts and experience more luxury at more destinations. With spectacular properties worldwide Starwood has a resort for every personality and need from beach resorts to urban hotels and ski resorts. Enjoy the richest amenities, fun activities like watersports and golf. Be pampered at world-class Spas, dine on exquisite cuisine, and take in amazing live entertainment. Experience luxurious accommodations that provide lots of room to spread out along with impeccable service. Starwood has a resort and a destination perfect fo your family.
Visit out network for more fun travel tips and location reviews.
Link: http://www.travelandlifestyletv.com
Check us out on Facebook.
Link: https://www.facebook.com/Travel.and.Lifestyle.TV
Starwood Preferred Guest Resorts offer more Luxury at More Destinations Worldwide.
Treat the whole family at Starwood Preferred Guest Resorts and experience more luxury at more destinations. With spectacular properties worldwide Starwood has a resort for every personality and need from beach resorts to urban hotels and ski resorts. Enjoy the richest amenities, fun activities like watersports and golf. Be pampered at world-class Spas, dine on exquisite cuisine, and take in amazing live entertainment. Experience luxurious accommodations that provide lots of room to spread out along with impeccable service. Starwood has a resort and a destination perfect fo your family.
Visit out network for more fun travel tips and location reviews.
Link: http://www.travelandlifestyletv.com
Check us out on Facebook.
Link: https://www.facebook.com/Travel.and.Lifestyle.TV
Promotional video showcasing the luxury brands of Starwood Hotels and Resorts in South America, Mexico and Panama including St. Regis, Luxury Collection, Westin and W Hotels. Directed by the highly-respected US hotel photographer Mark Knight, chief-creative for the Window Channel Network.
Joining the PSB Paris School of Business MSc in Luxury & Fashion Management program, you will go behind the scenes and experience luxury and fashion brands.
Students participate in a Starwood Hotels & Resorts Worldwide conference and seminar led by a representative from this international luxury company.
Marriott is acquiring rival Starwood Hotels and Resorts in a $12.2 billion deal that will create the world's largest hotel company with more than one million rooms globally. Photo: AP.
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Marriott International Inc. (MAR) has reached a deal to create the world's largest hotel operator with its agreement to acquire Starwood Hotels & Resorts Worldwide Inc. (HOT) for $12.2 billion. The buyer would to pay 0.92 of its shares and $2 in cash for each share of Starwood, leaving Starwood holders with about 37% of the combined company. Marriott's CEO Arne Sorenson in a statement said that 'the driving force behind this transaction is growth,' and explained, 'This is an opportunity to create value by combining the distribution and strengths of Marriott and Starwood, enhancing our competitiveness in a quickly evolving marketplace. This greater scale should offer a wider choice of brands to consumers, improve economics to owners and franchisees, increase unit growth and enhance long-term value to shareholders.' Meanwhile, Starwood's chairman Bruce Duncan said in a statement that the company's 'board concluded that a combination with Marriott provides the greatest long-term value for our shareholders and the strongest and most certain path forward for our company.' The Deal's Senior Reporter Lisa Allen has the details from New York.
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Starwood Preferred Guest Resorts offer more Luxury at More Destinations Worldwide.
Treat the whole family at Starwood Preferred Guest Resorts and experience more luxury at more destinations. With spectacular properties worldwide Starwood has a resort for every personality and need from beach resorts to urban hotels and ski resorts. Enjoy the richest amenities, fun activities like watersports and golf. Be pampered at world-class Spas, dine on exquisite cuisine, and take in amazing live entertainment. Experience luxurious accommodations that provide lots of room to spread out along with impeccable service. Starwood has a resort and a destination perfect fo your family.
Visit out network for more fun travel tips and location reviews.
Link: http://www.travelandlifestyletv.com
Check us out on Facebook.
Link: https://www.facebook.com/Travel.and.Lifestyle.TV
Marriott International, Inc. (NASDAQ:MAR) is an American diversified hospitality company that manages and franchises a broad portfolio of hotels and related lodging facilities. Founded by J. Willard Marriott, the company is now led by his son, Executive Chairman Bill Marriott and President and Chief Executive Officer Arne Sorenson. Marriott International has more than 4,087 properties in over 80 countries and territories around the world, over 697,000 rooms (as of July 2014), and additional 195,000 rooms in the development pipeline.
In June 2014, Marriott International opened their 4,000th hotel, the Marriott Marquis in Washington, D.C.
On November 16, 2015, Marriott said it would purchase Starwood Hotels and Resorts Worldwide for $12.2 billion. The deal would create the world's largest hotel company.