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Marriott CEO Talks Merged Loyalty Program

After Starwood Hotels & Resorts accepted Marriott International’s sweetened $13.6 billion merger offer, Marriott CEO Arne Sorenson hopped on an analyst call from Cuba yesterday to discuss the new deal, which has a meaningfully higher cash component to it. In ...

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Starwood Chooses Marriott’s Sweetened Deal

Today, Starwood Hotels & Resorts Worldwide agreed to Marriott International’s raised $13.6 billion merger offer, topping Chinese insurer Anbang’s $13.16 billion offer. This news comes just three days after Starwood said it would terminate Marriott’s buyout agreement in favor of ...

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Examining the Logistics of Anbang’s Offer

In light of Chinese insurer Anbang’s unsolicited $12.8 billion bid for Starwood Hotels & Resorts, some analysts are predicting that Marriott, who originally won the bid to merge with Starwood, will moderately increase its offer to ensure the deal is ...

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Anbang Offer Puts Starwood-Marriott Merger at Risk

Starwood Hotels & Resorts has received a $12.84 billion buyout offer from a consortium led by China’s Anbang Insurance Group, threatening to derail its planned takeover by Marriott International. The consortium made the unsolicited offer on March 10 to acquire ...

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Marriott Presents Lower Rates for Direct Booking

In an effort to dismiss potential rumors that other travel websites offer lower rates for its hotels, Marriott International will begin to offer discounted room rates exclusive to Marriott Rewards members who book directly or through appointed corporate travel professionals. ...

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