Marriott CEO: Starwood Deal Will Accelerate Our Globalization


Skift Take

Marriott gets a bit of flash, while Starwood gets some leadership (again) that's interested in innovation.

Marriott International and Starwood Hotels and Resorts signed a $12.2 billion deal on Sunday to combine the two companies and create the world's largest hotel company. This morning before the market opened Marriott CEO Arne Sorenson appeared on CNBC's Squawk Box to provide the first non-press release answers about the deal. According to Sorenson, Marriott began looking at the acquisition as soon as Starwood announced its strategic alternative plan sev