Marriott international will double in size as a result of its merger with Starwood Hotels and Resorts.
The merger which is expected to be completed by June this year will see the combined group have over 123,000 opened or signed rooms when Marriott’s 61,000 open rooms join with Starwood’s 40,500 open rooms, and the combined pipeline totals 21,500 rooms.
Amy McPherson, president and managing director, Marriott International, Europe said, “It’s been an extraordinary time for Marriott. We signed over 10,000 new rooms in 2015 for the first time in our history, doubling in size since 2010. Added to this unprecedented growth was the announcement of our Starwood acquisition which is expected to close in mid-2016. Our momentum is incredible.”
marriott.com
Tom Otley
