- Elie Maalouf has been appointed CEO of IHG, which is actively competing with Hyatt and Hilton in the extended-stay market. IHG also acquired Six Senses from Pegasus Capital Advisors.
- Marriott International and Hilton are competing in the global hospitality market, with an acquisition occurring as part of strategic portfolio expansion.
Bidding War Between Marriott and Starwood Shapes Global Hospitality Market
What happened
A bidding war between Marriott International and Starwood is currently shaping the global hospitality market. This competition is occurring while Marriott International and Hilton are competing in the broader global hospitality market as part of strategic portfolio expansion. Elie Maalouf has been appointed CEO of IHG, which is also competing in the extended-stay market.
From skift.com
Why it matters
The movement of capital is a leading indicator for travel spending, influencing where resorts are built and which companies survive downturns. The bidding war reflects how capital decisions—such as financing and brand selection—determine the overall cost of travel.
Marriott International and Hilton are competing in the global hospitality market, with an acquisition occurring as part of strategic portfolio expansion.
From skift.com
Who's involved
- Marriott InternationalInternational hospitality company involved in the bidding war.
- StarwoodAmerican hotel and leisure company involved in the bidding war.
- Anthony CapuanoPresident and CEO of Marriott International.
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The entities involved
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Marriott International
international hospitality company in Bethesda, Maryland, United States
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Starwood
American hotel and leisure company
Related events
- Marriott International is conducting research across the Asia Pacific region.
- A report details shifts in the Asia Pacific dining market involving Marriott International.
- Marriott executives gained experience at elite hotel venues in New York City.
- A resort located in Sedona has been selected to carry the Marriott brand.
- Hotel chains are operating in Chicago's major business districts.