Wednesday 4 May 2016
 
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Marriott

Dur, Marriott ink $23m hospitality project in Saudi Arabia

Dur Hospitality will be developing the first Courtyard by Marriott and Residence Inn by Marriott properties in Yanbu, Saudi Arabia following the signing of a franchise agreement with Marriott International during the Arabian Hotel Investment Con

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Marriott signs new Doha property, unveils expansion plans

Marriott International is preparing for significant growth within the Middle East and Africa with the signing of a new property in Doha, Qatar and plans to open 17 new properties across the region this year. At present, the hotel

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Marriott International launches new travel offers

Marriott International is inviting travelers the world over to discover the Middle East and Africa with the launch of #MarriottTravels.   Available at any one of over 50 regional properties for stays between May 15 to Septemb

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Marriott, Starwood shareholders agree $12.4bn merger deal

Starwood Hotels & Resorts Worldwide and Marriott International said on Friday the stockholders of the companies voted to approve Marriott's acquisition of Starwood to create the world's largest hotel company. Holders o

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Starwood retreat setback for China's M&A campaign

Anbang Insurance Group Company's unexpected withdrawal this week of its $14 billion offer to buy Starwood Hotels & Resorts Worldwide is a wider blow to the unprecedented drive by Chinese companies to acquire North American and European a

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China group raises offer for Starwood to $14bn

China's Anbang Insurance Group Co raised its offer for Starwood Hotels & Resorts Worldwide to almost $14 billion, Starwood said on Monday, in the latest challenge to the US hotel operator's merger with Marriott International.

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Marriott wins back Starwood with $13.6bn offer

Starwood Hotels and Resorts Worldwide, owner of the Sheraton and Westin brands, accepted a higher $13.6 billion acquisition offer from peer Marriott International, spurning a bid from China's Anbang Insurance Group. The move d

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Starwood dumps Marriott for higher $13bn Chinese offer

Starwood Hotels & Resorts Worldwide said a $13 billion cash offer from China's Anbang Insurance Group Company was superior to one from Marriott International, setting the stage for the largest ever deal by a Chinese company in the US.

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China’s Anbang offers $13bn for Starwood Hotels

China's Anbang Insurance Group Co has challenged Marriott International Inc's merger with US hotel operator Starwood with a $12.8 billion cash offer, burnishing its credentials as one of China's top corporate acquirers.

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Top hoteliers eye Cuba deals ahead of Obama visit

At least three major US companies, AT&T Inc, Starwood Hotels & Resorts Worldwide Inc and Marriott International Inc, are seeking to complete deals in Cuba as President Barack Obama prepares to visit Havana, a person familiar with the dis

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