Drive American

Published on Wednesday, February 10, 2016

Starwood CEO: Most brands safe under Marriott ownership

Starwood Hotels & Resorts' new CEO has moved to reassure the company's hotel owners over fears for the business once Marriott International completes its takeover.
 
In a communication to hotel owners last week, Thomas Mangas gave no guarantees but said he believes 'most, if not all' Starwood brands will remain within the combined businesses.
 
Mangas said he expects Marriott to quickly lay out plans for the future as a single entity with integration of Starwood's existing workforce a priority.
 
"Marriott has made clear that their top priority as we integrate our companies is talent and their number one focus is people," Mangas said.
 
"They understand that there is anxiety in both organizations and among stakeholders like you. They plan to move quickly to make decisions and resolve uncertainty. They also recognize that they will need Starwood talent to facilitate new capabilities, fill new positions and to respond to the volume, scale and complexity that comes from creating a much larger business."
 
Marriott's $12.2 billion acquisition of Starwood is expected to be finalized by the middle of this year.
 
 

Story Image



Your Comments

, be the first to post a comment.
Your email:






Email other comments made to this story


NOTE: Comments are subject to admin approval before being posted.
Mole Poll
Who do you think would be better for inbound USA tourism ?
Biden 37.59 %
Trump 33.94 %
Same 28.47 %

Thank you for your vote



What is GoodtoGo?

Submit your news
or special offer


Current UK Special Edition



Current US Special Edition



Current Asia/Pacific Special Edition



LATEST 'MOLE VIDEOS

Air Transat are 'over ready' for take off as long as the governments act fast

Craig and Andy of Flexireps explain the range of services they offer and to whom

Visit Brighton launch new 'Never Normal' campaign and look to a post Covid world

PATA UK Chapter Chairman talks about 2021 as the start of the come back for the region

UPCOMING EVENTS
\m