Discussion in 'Casino Industry & Development' started by SH0CK, Nov 16, 2015.
Could be interesting since SLS just signed on with Starwood.
Here is what I read on Seeking Alpha this morning: Under terms of the deal, Starwood shareholders will receive 0.92 shares of Marriott (NASDAQ:MAR) Class A stock and $2 in cash for each share of Starwood common stock. Combined, the companies operate more than 5,500 hotels with 1.1M rooms worldwide.
This is the best news i've heard in awhile. I travel a ton for work and have a ton of marriott points. Wifey and i use those to go on a nice tropical vacation once or twice a year. Now with Starwood it's going to open up a ton of new properties to use points at.
Reminiscent of airline industry. Merge, monopolize, devaluate points, manipulate supply-demand and jack up price. I'm fan of starwood with their platinum status. As with most starwood loyalist, I'm worried about perks being watered down by Marriott. Marriott claimed people can now earn more points. The catchy thing is, it's not really about how much points, it's the value of the points and perks you get.
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