Five months after Starwood Hotels and Resorts – which operates brands like Sheraton, St. Regis, Westin, and W – announced it would sell itself for $12 billion to Marriott to make the world’s largest hotelier, the company revealed that it had received an unsolicited takeover bid of roughly $14 billion from a group of suitors. [More]
marriott international
Marriott Switching To “Made In The USA” Towels, Bath Mats In All U.S. Hotels
By 3.10.16
Soon, every time you step out of the shower and onto a bath mat to towel off at a Marriott hotel in the U.S., all that fabric you touch will have been made in America. The hotel company says it’s the first in the hospitality industry to move to exclusively U.S.- made towels and bath mats in all its 3,000 U.S. locations. [More]
Marriott To Buy Starwood Hotels For $12.2B
By 11.16.15
Less than a month after Hyatt Hotels was reported to be in talks to buy rival Starwood Hotels and Resorts Worldwide, it was a different lodging industry giant that popped the $12.2 billion question. [More]
Marriott Makes Big Push To Get LGBT Business
By 6.2.14
With the Supreme Court and a growing number of states giving the OK to same-sex marriages, the hospitality industry is quickly realizing there is money to be made from a segment of the population that had long been underserved. Not to be outdone by smaller hotel chains that openly welcome business from the LGBT community, the folks at Marriott are spending a lot of money to try to win over these consumers. [More]
27 Major Companies That Are Worth Less Than WhatsApp
By 2.20.14
Just how big of a deal is the $19 billion WhatsApp is getting from Facebook in the acquisition announced yesterday? It’s a pretty freaking big deal — especially when you consider that there are a whole lot of major companies –including many that produce physical goods you can reach out and touch — that have been around longer than WhatsApp and are worth a lot less. [More]
