Mega-Merger: 30 Brands, 130 Countries, 1m+ Rooms – The US$13 billion acquisition of Starwood

In September 2016, Marriott International completed the US$13 billion acquisition of Starwood Hotels & Resorts worldwide, creating the world’s largest hotel company.

In his role as President & Managing Director or Asia Pacific, Craig Smith is overseeing the integration of the businesses throughout the region. (Read his profile in the Careers Post of The South China Morning Post from 2015.) He is the featured speaker at our next event on Friday, 30 August 2017. Please join us for an insider’s view of this mega-merger.

Craig Smith is President and Managing Director of Asia Pacific for Marriott International.  He is responsible for the strategic leadership of all operational and development functions spanning 24 countries and 21 brands.  He oversees more than 570 hotels and 130-thousand employees.

CNBC 23 September 2016
 
Marriott completes Starwood acquisition
 
Marriott completes Starwood acquisition  Friday, 23 Sep 2016 | 6:48 AM ET | 00:38
 
Several of the best-known names in travel are now united in one hotel company.
 
Marriott International closed Friday morning on its $13 billion acquisition of Starwood Hotels & Resorts Worldwide, bringing together its Marriott, Courtyard and Ritz Carlton brands with Starwood’s Sheraton, Westin, W and St. Regis properties.
 
In total, 30 hotel brands now fall under the Marriott umbrella to create the largest hotel chain in the world with more than 5,800 properties and 1.1 million rooms in more than 110 countries. That’s more than 1 out of every 15 hotel rooms around the globe.
 

(Source: https://www.cnbc.com/video/3000553569)

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