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Marriott's acquisition of Hyatt Vacation Club marks a significant milestone in the hospitality industry. The merger between the two giants paves the way for the creation of a Universal Vacation Currency, revolutionizing the way people plan and enjoy their vacations.
In November 2015, it was announced that Starwood would be acquired by Marriott International for $12.2 billion. [16] In December 2015, Thomas B. Mangas, former head of Armstrong World Industries' flooring business, became the CEO at Starwood Hotels & Resorts Worldwide effective December 31, 2015.
Starwood Hotels and Resorts, an American hotel and leisure company acquired by Marriott in 2016. Topics referred to by the same term This disambiguation page lists articles associated with the title Starwood .
As a result of the merger, the companies were rebranded into its present name, Aqua-Aston Hospitality, LLC. [ 9 ] [ 10 ] On 30 April 2018, Orlando-based timeshare firm, Marriott Vacations Worldwide Corporation announced its acquisition of Aqua-Aston's parent, Internal Leisure Group in a cash and stock deal worth $4.7 Billion. [ 11 ]
Westin Hotels & Resorts is an American upscale hotel chain owned by Marriott International. As of June 30, 2020, the Westin Brand has 226 properties with 82,608 rooms in multiple countries in addition to 58 hotels with 15,741 rooms in the pipeline. [2]
Marriott International, Inc. is an American multinational company that operates, franchises, and licenses lodging brands that include hotel, residential, and timeshare properties. [1] [2] Marriott International owns over 36 hotel and timeshare brands with 9,000 locations and 1,597,380 rooms across its network (as of 2023). [3]
The purchase added eighteen hotels to Park's portfolio, and diversified it by adding hotel brands franchised from Marriott, Hyatt, and others. [17] [18] The company sold another 10 hotels in 2019 and 2020, including its last remaining properties outside of the United States, for total proceeds of $688 million. [19]
Host Hotels & Resorts, Inc. is an American real estate investment trust that invests in hotels. As of December 31, 2023, the company owned 77 upscale hotels containing approximately 42,000 rooms in the United States, Brazil, and Canada. [1]