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Marriott to buy Starwood to create world’s biggest hotel chain

The combined company will have over 5,500 hotels with 1.1 million rooms worldwide, giving Marriott greater presence in markets such as Europe, Latin America and Asia and allowing it to better compete with apartment-sharing startups such as Airbnb. About three-quarters of Marriott's rooms are in the United States. Markets outside North America had about half of Starwood's rooms, but accounted for nearly two-thirds of its revenue in 2014.

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Marriott to buy Starwood to create world’s biggest hotel chain

such-as-airbnb

Marriott to buy Starwood to create world’s biggest hotel chain

The combined company will have over 5,500 hotels with 1.1 million rooms worldwide, giving Marriott greater presence in markets such as Europe, Latin America and Asia and allowing it to better compete with apartment-sharing startups such as Airbnb. About three-quarters of Marriott's rooms are in the United States. Markets outside North America had about half of Starwood's rooms, but accounted for nearly two-thirds of its revenue in 2014.

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Marriott to buy Starwood to create world’s biggest hotel chain