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Tag Archives: Starwood Hotels & Resorts

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Starwood’s Speciality Select Brands Propel Growth

Starwood’s Speciality Select Brands Propel Growth

STAMFORD, Conn.—Starwood Hotels & Resorts Worldwide has announced that its specialty select brands— Aloft, Four Points and Element—are propelling the company’s global growth with 132 new hotels deals signed so far this year, up 89 percent from the same time ...

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Starwood Reports Loss in Second Quarter

Starwood Hotels & Resorts experienced lower-than-expected growth in the second quarter. A slower rate of RevPAR growth will contribute to lower fee growth in the second half of the year than previously expected, Starwood’s CFO said, but lower expenses should ...

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Marriott, Starwood Stockholders Approve Merger

Marriott, Starwood Stockholders Approve Merger

BETHESDA, M.D. and Stamford, Conn.—Marriott International, Inc. and Starwood Hotels & Resorts Worldwide, Inc. announced that at separate special stockholder meetings today the stockholders of both companies approved proposals relating to Marriott’s acquisition of Starwood, which will create the world’s ...

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Will Marriott Make Another Starwood Bid?

After nearly completing a deal that took four months of preparation, Marriott International is again at risk of losing Starwood Hotels & Resorts to Anbang Insurance Group. Marriott has now entered round two of a bidding war with Anbang, which ...

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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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