European Union Approves Marriott – Starwood Merger
Tuesday, June 28, 2016
Marriott and Starwood’s $13 billion deal is another step closer to becoming final as the European Union gave the two hospitality giants antitrust clearance on Monday.
The massive deal, which was announced late last year, will increase Marriott’s overall inventory by about 50%, and may give Marriott Vacation Club members more lodging options in the future. Most notably, famous Starwood brands like Sheraton, Westin, and St. Regis, will now exclusively fall under the Marriott brand. [Read more…]