Monday, November 16, 2015
Marriott International to Buy Starwood Hotels
Did you hear the big news in the hospitality industry today? Marriott International has agreed to buy Starwood Hotels for 12.2 billion which will create the largest hotel company. Although it may seem like bigger is better, the new merge may be bad for our industry since it will inhibit competition for other hotel companies and may lead to higher rates. What are your thoughts?