After $13B Deal, Marriott GC Reflects on Work
Last September, Marriott Corp. closed on its $13 billion acquisition of Starwood Hotels & Resorts Worldwide, forming the world's largest hotel chain. The acquisition brought together some of the industry's best-known brands, including Marriott, and its Courtyard and Ritz-Carlton brands, as well as Starwood's Sheraton, Westin, W Hotel and St. Regis properties.
August 02, 2017 at 12:00 AM
6 minute read
Last September, Marriott Corp. closed on its $13 billion acquisition of Starwood Hotels & Resorts Worldwide, forming the world's largest hotel chain. The acquisition brought together some of the industry's best-known brands, including Marriott, and its Courtyard and Ritz-Carlton brands, as well as Starwood's Sheraton, Westin, W Hotel and St. Regis properties.
With more than a million hotel rooms, Marriott now surpasses both the Hilton and Intercontinental chains. After the Nov. 16, 2015, merger announcement, Marriott general counsel Ed Ryan directed a 10-month effort to finalize the deal.
Ryan assembled a global, multidisciplinary team of attorneys that numbered as many as 30.
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