Marriott to acquire Starwood Hotels and Resorts
Q. Which popular hotel brand is all set to acquire Starwood Hotels & Resorts Worldwide to become world’s largest hotel company?- Published on 18 Nov 15a. Hilton
b. Hyatt
c. Marriott
d. None of the above
ANSWER: Marriott
With this acquisition, the combined entity will replace TATA Sons Taj Group of Hotels as the largest hotel chain in terms of number of rooms. All cash acquisition is valued at USD 12.2 billion and the combined company will own a franchise with 5500 hotels and 1.1 million rooms worldwide.