Tag: Starwood Hotels & Resorts Worldwide
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...
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...
Starwood Closes 2015 with Record Signings, Openings
STAMFORD, Conn.—Starwood Hotels & Resorts closed 2015 with 220 new signed hotel management and franchise agreements, a 26 percent increase over the prior year,...
Starwood Names New CEO, Sorenson Talks Exec Job Cuts
Starwood Hotels & Resorts has named a new CEO, effective Dec. 31, following the resignation of interim CEO Adam Aron, who is leaving the...
Marriott Scoops Up Starwood
Marriott International announced this morning that it has agreed to buy Starwood Hotels & Resorts Worldwide for approximately $12.2 billion in stock and cash...