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Discussion in 'Marriott | Rewards' started by uggboy, Nov 16, 2015.
Marriott International buys Starwood Hotels & Resorts
Marriott International To Acquire Starwood Hotels & Resorts Worldwide, Creating The World's Largest Hotel Company
Any news regarding the competing Chinese bid for Starwood? IIRC tomorrow is supposed to be the deadline for the deal with Marriott.
Starwood shows intent to terminate Marriott merger
Starwood Hotels & Resorts Worldwide, Inc has said that the "fully financed proposal" from Anbang Insurance Group Co constitutes a "superior proposal".
In light of this, Starwood has notified Marriott that its board intends to terminate the Marriott merger agreement and enter into a definitive agreement with the Consortium (consisting of Anbang Insurance Group Co., Ltd., J.C. Flowers & Co. and Primavera Capital Limited).
Potentially good new from my perspective.
Looks like we can close the books on this one....will SPG/Marriott Rewards be merged in 2017?
To me it looks like Marriott loyalists get the better end of this deal, namely more properties.
As a Marriott Gold, I've been very pleased with how Marriott has treated me. That said, the redemption levels (# of points) w/Marriott are just not good compared to SPG.
My largest concern is that lifetime nights in both programs will count equally towards lifetime status.
But earn rates are higher too, IIRC.
the math I did for my usual stay/redemption patterns didn't bear that out but it wasn't earthshaking, just not as much in "my favor".
A concern that I didn't post is re: the SPG Amex card, curious of the long term plans for this card.