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Starwood Hotels and Resorts Worldwide, Inc. was one of the largest companies that owned, operated, franchised and managed hotels, resorts, spas, residences, and vacation ownership properties. It was acquired by Marriott International in 2016.
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Nov 16, 2015 · Marriott International and Starwood Hotels & Resorts Worldwide announced a merger agreement in November 2015, combining their portfolios of over 5,500 hotels worldwide. The transaction offered substantial economies of scale, earnings accretion, capital returns and accelerated growth for both companies and their shareholders.
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Dec 4, 2015 · With 30 distinctive brands and more than 5,500 hotels, the deal will make Starwood-Marriott the world's biggest hotel chain. When Marriott International announced a $12.2 billion bid for...
- Claire Volkman
- Contributor
Feb 17, 2016 · Find out how Marriott International acquired Starwood Hotels & Resorts Worldwide in 2016 and the impact on shareholders, tax basis, dividends and stock prices. Learn about Starwood's history, transactions and distributions before and after the merger.
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