Marriott acquires Starwood, creating world's largest hotel brand

PHOTO: Exterior of JW Marriott in Cannes, France courtesy of JW Marriott
Bright and early this Monday morning, I was doing research on the JW Marriott in Cannes where I will be in two weeks when I received a blockbuster email: "MARRIOTT INTERNATIONAL TO ACQUIRE STARWOOD HOTELS & RESORTS WORLDWIDE, CREATING THE WORLD’S LARGEST HOTEL COMPANY."
Typically when I receive an email in ALL CAPS, I think the publicist is over-worked and over-caffeinated (ha!), but in this instance the only response could be "WOW." The combined Marriott International, Inc and Starwood Hotels & Resorts Worldwide, Inc. will control over 5,500 hotels and 1.1 million rooms.
Purchase price? $12.2 billion. Annual revenue? Oh, a measily $2.7 billion!
For now, this won't mean many changes for anyone except the shareholders -- lucky -- and approximately $100 million dollars for the administrative costs to merge the companies: think paperwork, logos, branding, combining points, etc.
Practically this means JW Marriott + Starwood will have the following hotels in their portfolio. Seriously, WOW!
The Ritz-Carlton
Bvlgari
EDITION
JW Marriott
Autograph Collection Hotels
Renaissance® Hotels
Marriott Hotels
Delta Hotels and Resorts
Marriott Executive Apartments
Marriott Vacation Club
Gaylord Hotels
AC Hotels by Marriott Courtyard
Residence Inn
SpringHill Suites
Fairfield Inn & Suites
TownePlace Suites
Protea Hotels
MoxyHotels
St. Regis
The Luxury Collection
W
Design Hotels
Westin
Le Méridien
Sheraton
Four Points by Sheraton
Aloft
Element
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