Starwood bidding war escalates with $14bn Chinese offer

By Sophie Witts

29-Mar-2016 Last updated on 14-Aug-2024 at 20:27 GMT

The Chinese-led group challenging Marriott International for control of Starwood Hotels & Resorts has raised its bid for the company to $14bn.

Marriott increases bid for Starwood, proposed merger still on

21-Mar-2016

By Emma Eversham

Marriott International has increased its bid for Starwood Hotels & Resorts to $13.6bn allowing its proposed merger to continue to go ahead.

Marriott reviews options on Starwood acquisition following counter bid

21-Mar-2016

By Emma Eversham

International hotel group Marriott is reviewing its options concerning its proposed acquisition of Starwood Hotels & Resorts Worldwide after the latter group received a counter bid of $13.2bn from the Anbang Insurance Group-led consortium.

Marriott International's European presence to double following Starwood merger

09-Mar-2016

By Emma Eversham

Marriott International is expecting to double the size of its hotel estate in Europe following the completion of its merger with Starwood Hotels & Resorts Worldwide.