As of July 27, 2016:
Marriott’s 2nd Quarter 2016 reported: “In the next few weeks their acquisition of Starwood would be complete” (Starwood Hotels & Resorts Worldwide).
Starwood Vacation Ownership, now known as Vistana Signature Experiences, was spun off, bought by Interval, then went up for bid. At a price of $12 billion, Marriott acquired it and, once complete, will be the the largest hotel / resort chain in the world.
The timeshare group will be interesting to watch as Marriott and Starwood’s very different systems of points and options vie for the most attention. They are two very different systems and you have to wonder if the Starwood Points will survive. After all, everything about Marriott outnumbers Starwood two to one: rooms, members, resorts, brands, and so on.
The two still seem too different to merge in to one efficiently. At least for now.
In a few years it may make more sense. But who will they have left as competition?
Hard to tell.
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