When did Marriott Group acquire Starwood, when did it start and when did it end?

20 15 165438+ When the news of Marriott's comprehensive acquisition of Starwood was confirmed in the middle of 10, it was like a deep-water bomb blowing everyone to pieces.

According to the agreement, Marriott International will acquire Starwood Hotels & Resorts International Group with shares worth $65.438+0.99 billion and cash worth $340 million, and the whole acquisition will be completed in the middle of 2065.438+06. The impact of this acquisition on the world hotel industry will be long-term and far-reaching.

On September 23rd, 20 16, Marriott International officially announced the completion of the acquisition of Starwood Hotels & Resorts International Group, becoming the largest hotel group in the world. 20 16 March, Marriott beat anbang with a price of13.6 billion dollars, which lasted for ten months. After layers of examination and approval by regulatory authorities in more than 40 countries, Marriott International finally got the last regulatory approval from the Ministry of Commerce of China on September 20th.

Extended data:

After the merger, Marriott International will operate or franchise more than 5,700 hotels and 654.38+million rooms in more than 65,438+065,438+00 countries and regions around the world, and its 30 excellent brands will cover all fields from mid-range hotels to luxury hotels.

After the acquisition, the two groups will have more than 5,500 hotels and 165438+ 10,000 rooms, and the total number of frequent visitors to the existing hotels of the two groups will exceed 750,000.

Especially for domestic customers, after the merger of the two groups, the number of domestic hotels will exceed 150, covering all kinds of brands from luxury to mid-range, which will be more convenient for frequent travelers.