{"id":123265,"date":"2016-06-27T00:00:00","date_gmt":"2016-06-26T21:00:00","guid":{"rendered":"https:\/\/rhn.ro\/european-commission-approved-marriott-internationals-takeover-of-starwood\/"},"modified":"2026-03-28T17:03:28","modified_gmt":"2026-03-28T15:03:28","slug":"european-commission-approved-marriott-internationals-takeover-of-starwood","status":"publish","type":"post","link":"https:\/\/rhn.ro\/en\/european-commission-approved-marriott-internationals-takeover-of-starwood\/","title":{"rendered":"European Commission approved Marriott International&#8217;s takeover of Starwood"},"content":{"rendered":"<div>The European Commission has approved the transaction through which the American company Marriott International will take over its rival Starwood Hotels &amp; Resorts Worldwide, for $12.4 billion.<\/div>\n<div><\/div>\n<div>The agreement will lead to the creation of the world&#8217;s largest hotel group with approximately 30 brands. The new company will own over 5,700 hotels with 1.1 million rooms globally, and Marriott will gain a larger presence in the markets of Europe, Latin America and Asia.<\/div>\n<div><\/div>\n<div>The European Commission investigated the impact of the planned takeover in Barcelona, Milan, Venice, Vienna and Warsaw, where Starwood and Marriott have a significant presence. In these cities, there is strong competition from other hotel chains, the community forum assessed.<\/div>\n<div><\/div>\n<div>Following the transaction, Marriott expects annual savings of $200 million.<\/div>\n<p>Source: <a href=\"http:\/\/www.economica.net\" data-wplink-url-error=\"true\">Economica<\/a><\/p>\n<h3>Frequently Asked Questions<\/h3>\n<p><strong>What is the value of the Marriott-Starwood deal?<\/strong><\/p>\n<p>The transaction is valued at $12.4 billion, creating the world&#8217;s largest hotel group.<\/p>\n<p><strong>How many hotels will the new group operate?<\/strong><\/p>\n<p>The combined company will operate over 5,700 hotels with approximately 1.1 million rooms globally across 30 brands.<\/p>\n<p><strong>Which European cities were analyzed for competition impact?<\/strong><\/p>\n<p>The European Commission investigated the impact in Barcelona, Milan, Venice, Vienna, and Warsaw, finding strong competition in these markets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The European Commission has approved the transaction through which the American company Marriott International will take over its rival Starwood Hotels &amp; Resorts Worldwide, for $12.4 billion. The agreement will lead to the creation of the world&#8217;s largest hotel group with approximately 30 brands. The new company will own over 5,700 hotels with 1.1 million&hellip;<\/p>\n","protected":false},"author":0,"featured_media":66194,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2852],"tags":[],"thb-sponsors":[],"class_list":["post-123265","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hotels-restaurants"],"article_style_override":"","post-style":"","post_via":"","post-top-image":"https:\/\/rhn.ro\/wp-content\/uploads\/2019\/11\/hotelieri-2.jpg","_links":{"self":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/123265","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/comments?post=123265"}],"version-history":[{"count":0,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/123265\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media\/66194"}],"wp:attachment":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media?parent=123265"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/categories?post=123265"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/tags?post=123265"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/thb-sponsors?post=123265"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}