NEW YORK—Fitch Ratings would likely revise its rating outlook for Marriott International to stable from positive if Starwood Hotels & Resorts terminates its merger agreement with the company to pursue a competing, higher bid from an investor consortium. Fitch could ...
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Feed SubscriptionMarriott Reaffirms Commitment to Starwood Merger
Marriott International today reaffirmed its commitment to acquire Starwood Hotels & Resorts Worldwide, Inc. to create the world’s largest hotel company. The combined company will offer stockholders significant equity upside and greater long term value driven by a larger global ...
Read More »Starwood Fights Against Discriminatory Bill
Starwood Hotels & Resorts has sent a letter to Georgia Gov. Nathan Deal, urging him to oppose a religious freedom bill that, in its current form, could lead to discrimination based on sexual orientation and gender identity. Starwood General Counsel ...
Read More »Starwood Announces Expansion in Europe
BERLIN—From the International Hotel Investment Forum (IHIF) in Berlin, Starwood Hotels & Resorts Worldwide, Inc. today announced its continued expansion in Europe with a record 18 organic hotel openings in 2015 and over 30 hotels already under development and expected ...
Read More »Starwood Opens Four Points Seattle Airport South
Starwood Hotels & Resorts Worldwide, Inc. today announced the opening of Four Points Seattle Airport South, the brand’s second hotel in greater Seattle. Gaining momentum in dynamic markets worldwide, the newly constructed Four Points is built for the modern traveler ...
Read More »Le Méridien to Reopen in Italy
ROME—Starwood Hotels & Resorts Worldwide, Inc. today announced that Le Méridien will open in Rome, marking the brand’s re-entry into Italy. Owned and managed by the Toti Group, Le Méridien Visconti Rome is scheduled to debut by the end of ...
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