Now that the merger between Marriott and Starwood is officially approved, what can we expect next?
As more information comes out, we have a better picture of what it’s like to go to Cuba right now. Airlines and hotels are struggling to execute at standards that Americans might expect. It’s worth reading up before heading off to Cuba.
You don’t hear about large Chinese companies acquiring US companies often. There are plenty of folks in the know that say the Chinese haven’t really had the experience on big stages for mergers & acquisitions. Is that what was at play in the failed attempt to acquire Starwood?
In the almost daily soap opera that was the struggle for control of Starwood Hotels, Anbuang has walked away from the bidding process as the highest bidder. It’s a bit surprising to see Anbang pull out this quickly after making their most recent offer. We now have more clarity around the future of Starwood Preferred Guest.
Does Marriott have any more ammunition left for another offer on Starwood Hotels? Anbang has moved into a superior position again in the quest for Starwood less than 10 days from a shareholder vote on the Marriott offer.
I wrote about Starwood’s promo a couple weeks ago when it was announced. And, while I like Hyatt’s promo a bit better, I’d never pass up extra points. Even if you don’t plan on staying at a Starwood property anytime soon, registering is the smart thing to do. Register now using this link.