Marriott International and Starwood Hotels & Resorts Worldwide announced that at separate special stockholder meetings today the stockholders of both companies approved proposals relating to Marriottâs acquisition of Starwood, which will create the worldâs largest hotel company. Holders of over 97 percent of Marriott shares present and voting at the meeting, representing … [Read more...]
Search Results for: hotel acquisition
Jurys Inn announces new director of sales
Jurys Inn Hotel Group is pleased to announce the appointment of Richard Money as its new MICE Director of Sales. With the recent acquisition of 12 new hotels across the Jurys Inn portfolio and a 50% increase to the hotel group’s MICE offering, Richard’s appointment focuses on repositioning Jurys Inn hotels as venues of choice when it comes to Meetings, Incentives, … [Read more...]
Young & Co’s Brewery, PLC Chief Executive Succession
The Board of Young’s announces that Patrick Dardis, the Company’s Retail Director, will succeed Stephen Goodyear as Chief Executive at the end of the Company’s AGM on 5 July 2016. Stephen will remain on the board as a Non-Executive Director. Over the next few months, they will work closely together to ensure an orderly handover of responsibilities. Patrick, aged 56, joined … [Read more...]
Marriott international to double in size in Europe
Marriott International in Europe, a division of Marriott International Inc. (NASDAQ:MAR), announces today that it will double in size once its acquisition of Starwood Hotels & Resorts Worldwide, Inc. (HOT:NYSE) is complete. In Europe, the company will reach over 123,000 opened or signed rooms when Marriott’s 61,000 open rooms join with Starwood’s 40,500 open rooms and the … [Read more...]
IHL appoints chief investment officer
International Hotel Group Limited (IHL) has appointed Jon Colley as Chief Investment Officer. Colley has a strong financial background spanning 20 years. He brings particular expertise in hospitality, having most recently been Development Director with Hilton Worldwide for over five years, where he was responsible for deal sourcing, contract negotiations and development of … [Read more...]