![]() The hotel segment is a wide-ranging category within the hospitality industry that globally generates approximately between $400-500bn in revenue each year, one third of which is attributable to the United States. Marriot generated $13.8bn in revenue and $753m in net income in 2014. ![]() Marriott has more than 4,087 properties in over 80 countries around the world with over 697,000 rooms. Founded in 1993, Marriott was the first hotel company worldwide to offer guests the option to book reservations online. is an American diversified hospitality company that manages and franchises a diverse portfolio of hotels and lodging facilities. Starwood generated about $6bn in revenue and $643m in net income in 2014. ![]() In 2014 Starwood owned, managed, or franchised more than 1,200 properties employing over 180,400 people. Some of its most popular brands include Westin, W, Sheraton, Le Méridien and St. It is one of the world’s largest hotel companies: managing, operating, franchising, and owning hotels under its ten brands. is an American hotel and leisure company headquartered in Stamford, Connecticut. Starwood Hotels & Resorts Worldwide, Inc. The $12.2bn deal, $11.9bn in stock and $340m in cash, will give birth to a new hotel conglomerate with over 1.1 million rooms in more than 5,500 hotels spanning the globe in over 100 countries.Ībout Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) announced that the boards of directors of both companies unanimously approved a definitive merger agreement, creating the world’s largest hotel company. (NASDAQ:MAR) and Starwood Hotels & Resorts Worldwide, Inc. On November 16, Marriott International, Inc.
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