---
title: "Marriott to purchase Starwood Hotels"
url: https://burnaze.com/article/3dd173cf-fa7b-4b4c-9076-18c983404749
source: "1851 Franchise"
original_url: https://1851franchise.com/marriott-to-purchase-starwood-hotels-2887
category: "Hotels"
industry: "Lodging & Travel"
segment: "Hotels"
topics: ["Finance & M&A"]
published: 2015-11-16T21:16:00.000Z
modified: 2026-11-01T13:24:35.679Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/dd68895306ee04c20cc5f2fbbfe6c44d8113151116160417.png
---

# Marriott to purchase Starwood Hotels

**TL;DR:** Marriott International has announced its purchase of Starwood Hotels and Resorts Worldwide for $12.2 billion, creating the world’s largest hotel company. The combined company will have more than 5,500 owned or franchised hotels with 1.1 million rooms around the world.

*originally published in 1851 Franchise on 2015-11-16. [Read the original](https://1851franchise.com/marriott-to-purchase-starwood-hotels-2887).*

## Story

On Monday, Marriott International announced its purchase of Starwood Hotels and Resorts Worldwide for $12.2 billion in cash and stock, creating the world’s largest hotel company.

“The driving force behind this transaction is growth,” said Arne M. Sorenson, the Marriott president and chief executive, in a news release . “This is an opportunity to create value by combining the distribution and strengths of Marriott and Starwood, enhancing our competitiveness in a quickly evolving marketplace.”

The deal would solve the big question that has been looming over Starwood for nearly a year. As its stock traded behind its peers, the company’s president, Frits van Paasschen, resigned and was replaced by Adam Aron on an interim basis. Starwood said in April that it was working on strategic alternatives, including a potential sale.

Since then, there has been increasing rumors about which hotelier could be a buyer. There was speculation in the markets about a potential deal with Holiday Inn owner Intercontinental Hotels Group and, more recently, Hyatt Hotels. But in the end, Marriott prevailed.

The combined Marriott and Starwood company will have more than 5,500 owned or franchised hotels with 1.1 million rooms around the world, uniting Starwood’s brands, which include Sheraton, Westin, W and St. Regis, with Marriott’s two dozen brands, including Marriott’s Courtyard, Ritz-Carlton and Fairfield Inn.

Marriott said it expects to deliver at least $200 million in annual savings in the second year after closing.

## Entities

- 1851 Franchise (publication)
- Lodging & Travel (sector)
- Hyatt (company)
- Marriott (company)
- company expansion (topic)
- hotel acquisition (topic)
- industry consolidation (topic)
- Marriott-Starwood deal (deal)

---
Originally reported by 1851 Franchise (https://1851franchise.com/marriott-to-purchase-starwood-hotels-2887). Summarized by Burnaze (https://burnaze.com/article/3dd173cf-fa7b-4b4c-9076-18c983404749).