The Marriott-Starwood deal now hinges on one final factor: Chinese authorities’ regulatory approval. In the meantime, travel management companies and corporations are already thinking about the impact of two major competitors merging, creating nearly 30 brands. Once the deal goes through, the hotel company will have nearly a third of corporate travel business in 14 of the world’s top 20 cities. This could push more competition from other hotel companies, as many will try to advertise more attractive rates than the new behemoth. Even after the deal is sealed, however, travel buyers will have time to adjust, as experts conclude that major changes from the merger should not be felt until the merged company begins preparing for the following year’s rates in 2017. For more information, click here.
