Ever since Marriott International announced plans to acquire Starwood Hotels & Resorts Worldwide back in November, the industry has been buzzing about the merger that would create the world’s largest hotel company. Hotel News Now Editorial Director Jeff Higley combed through a 295-page regulatory filing to find the 15 most interesting facts related to the deal. While some reports indicate that more than 30 companies reached out or were contacted during the process, Higley says it came down to Marriott and 10 others that expressed serious interest in Starwood. The $12.2 billion deal is expected to close mid-year. Read more of his takeaways here.
