Marriott International and Starwood Hotels & Resorts Worldwide to create the world’s largest hotel company with merger agreement

Combined Company Will Have 1.1 Million Rooms in More Than 5,500 Hotels, Spanning the Globe in Over 100 Countries30 Leading Brands Will Provide Guests Unmatched Choices   Transaction Offers Substantial Economies of Scale   Combined Company Should Deliver Significant Capital Returns to Shareholders   Conference Call with Investment Community at 9:00 am ET, Today, November 16, with Simultaneous… Read the full press release

Katara Hospitality expands global portfolio with the acquisition of the Westin Excelsior Rome from Starwood Hotels & Resorts

Doha, Qatar, 2015-9-21 — /Travel PR News/ — Katara Hospitality, the global hotel developer, owner and operator today announced the expansion of its global portfolio with the acquisition of the Westin Excelsior Rome from Starwood Hotels & Resorts Worldwide, Inc. As part of the deal, the historic hotel will be renovated in the next five… Read the full press release

Starwood Hotels & Resorts Worldwide inc to sell The Westin Excelsior Rome to Katara Hospitality for EUR222 million

Signs new Long-Term Management Agreement for Historic Hotel STAMFORD, Conn., 2015-9-21 — /Travel PR News/ — Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced that it has agreed to sell The Westin Excelsior Rome to Katara Hospitality for €222 million ($251 million in USD). As part of the deal, the historic hotel will be renovated in… Read the full press release