Marriott International Inc. said Monday that it has agreed to acquire Starwood Hotels & Resorts Worldwide Inc. in a $12.2 billion deal that will create the world’s largest hotel company with more than a million rooms globally. Marriott is offering 0.92 share along with $2 in cash for each Starwood share, for a total of […]
Hilton Worldwide (NYSE: HLT) today announced a major electric vehicle (EV) charging program, which will be available at 50 U.S. hotels by the end of this year with plans to rapidly expand to 100 U.S. hotels by the end of 2016. The program will cover all types of electric vehicles, including Teslas. Current, powered by […]
Interval Leisure Group Inc (IILG.O) is in talks to buy Starwood Hotels & Resorts Worldwide Inc’s (HOT.N) vacation ownership business, the Wall Street Journal reported on Thursday. The deal would value the business at between $1 billion and $1.5 billion and could be announced as soon as next week, the WSJ said, citing a person […]
Miami and Chicago (October 1, 2014) – Interval Leisure Group (“ILG”) (NASDAQ:IILG), a leading global provider of non-traditional lodging across a broad spectrum of the vacation industry, has completed the previously announced acquisition of Hyatt Residential Group from affiliates of Hyatt Hotels Corporation (“Hyatt”) (NYSE:H), a leading global hospitality company. The purchase price of approximately […]
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