Marriott International News

The journey of the largest hotel chain in the world, Marriott International, Inc. – now with more than seven thousand hotel, residential, and timeshare properties – began with a root-beer stand in Washington, D.C. in 1927 started by J. Willard and Alice S. Marriott. Following its $13.3 billion acquisition of Starwood Hotels & Resorts in 2016, it became the largest global hotel company. It currently commands a mammoth portfolio of more than two dozen hotel brands such as JW Marriott Hotels, The Ritz-Carlton, The Luxury Collection, Delta Hotels, Marriott Vacation Club, Le Méridien, Sheraton Hotels and Resorts, Courtyard, Fairfield, and W Hotels. Its properties contain nearly a million and a half rooms worldwide. Through its premier loyalty program Bonvoy, it is engaged in partnerships with the likes of United Airlines, Uber, American Express, Hertz, and others to optimize customer engagement.

Marriott-Starwood Investor Call: Anbang’s Deal Was ‘Very Real’

Anbang very well could have afforded to buy Starwood, and the threat of an Anbang takeover was "very real" for Marriott. We probably haven't seen the last of Anbang. But for whatever reason, Anbang is no longer in the picture, and Marriott and Starwood can now continue to form the world's largest hotel company. Let's see how it goes.