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Marriott Reaffirms Commitment to Starwood Deal

Marriott Reaffirms Commitment to Starwood Deal

BETHESDA, Md.—Marriott International today reaffirmed its commitment to acquire Starwood Hotels & Resorts Worldwide, confident that the previously announced amended merger agreement is the best course for both companies. The combined company will offer stockholders significant equity upside and greater ...

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Wealthy Women Boosting Luxury Travel Market

With a rise in the number of women with an ultra-high net worth (think millionaires and billionaires), the luxury travel industry is receiving a bump. These high-earning women are driving a rise in luxury health and wellness holidays and women-only ...

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Spring Break Scams Trick Would-Be Vacationers

Authorities are warning travelers to be cautious when booking hotels and vacation homes online with discounted deals that are too good to pass up. Last year, 15 million trips were booked under false pretenses, costing hopeful travelers millions of dollars, according ...

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Starwood Recieves Higher Offer from Anbang

Starwood Hotels & Resorts has received a revised proposal from the Anbang consortium with an increased purchase price of $82.75 per share, which surpasses Marriott’s raised offer from last week. The company said the new bid is “reasonably likely” to ...

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Brands Battle OTAs for Guest Loyalty

The competition between online travel agencies and hotel chains continues to heat up in an ever-evolving marketplace. Online travel agencies have a symbiotic relationship with hotels (after all, they do draw in more guests), but also take away from the ...

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John C. Portman, Jr. Wins AHA Lifetime Achievement Award

John C. Portman, Jr. Wins AHA Lifetime Achievement Award

ATLANTA—The Atlanta Hospitality Alliance (AHA) today announced that it has presented John C. Portman, Jr. with its inaugural Lifetime Achievement Award for his contributions to the overall architectural look and feel of Atlanta, particularly in the hotel sector. The award ...

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