Marriott buys Starwood in A$17 billion mega-merger

Marriott buys Starwood in A$17 billion mega-merger

Marriott will take control of competitor Starwood Hotels & Resorts in a US$12.2 billion deal which will create the world's largest hotel company with some 5,500 hotels in more than 100 countries.

The deal is expected to close in mid-2016 and will see Starwood's extensive brand family including Sheraton, Westin, W, St Regis and Le Méridien folded under the Marriott umbrella.

It's not yet known how this will impact Starwood's SPG loyalty program and Starpoints reward currency in the longer term, as combining rewards schemes is a notoriously difficult endeavour.

Marriott Rewards has 54 million members, while Starwood Preferred Guest sees 21 million members on the books.

A statement issued by Marriott said the merger would combine "Starwood's leading lifestyle brands and international footprint with Marriott's strong presence in the luxury and select-service tiers, as well as the convention and resort segment."

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David Flynn
David Flynn is the editor of Australian Business Traveller and a bit of a travel tragic with a weakness for good coffee, shopping and lychee martinis.
 

7 comments

  • eminere

    eminere

    16 Nov, 2015 11:24 pm

    RIP SPG.

    No member give thanks

  • jubbing

    jubbing

    17 Nov, 2015 12:17 am

    You can be sure that SPG get's merged into Marriott Rewards, and not the other way around - but wow this is a huge deal for Marriott, where they can boast Ritz Carlton and St Regis in the same portfolion, with Westin and JW to follow. 

    I do wonder how this will affect pricing/rewards next year as they won't share details yet, but i hope they take advantage of this for the customers. 

    No member give thanks

  • fxdxdy

    fxdxdy

    17 Nov, 2015 06:16 am

    I wonder if folks who have attained SPG lifetime gold or platinum will get to keep it? Will life mean life?

    No member give thanks

  • Tom Goddard

    TomGoddardd

    17 Nov, 2015 08:44 am

    :(

    No member give thanks

  • Jono

    Jono

    17 Nov, 2015 09:00 am

    This has been on the cards for a while. I suppose it makes sense as not many other industries have as many major top tier firms. (Hyatt, Hilton, Accor, Marriott, Starwood and IHG. Compared to the legal and accounting world who have 2 or 3 major players).

    No member give thanks

  • spinoza

    spinoza

    17 Nov, 2015 09:41 am

    Yes, starwood has been on the block for a while but there were rumours a chinese buyer would keep it independent :(

    No member give thanks

  • traveller99

    traveller99

    19 Nov, 2015 11:03 am

    Any news at all on whether the SPG levels will be matched by Marriott Rewards?

    No member give thanks

Guest

20 Jul, 2019 06:04 pm

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