If you've stayed at a Starwood hotel in recent years, there's a good chance you're impacted by a massive data breach that potentially exposed the personal data of about 500 million guests.
- CNN (Image)
- Business leaders from various U.S. companies, including Facebook, Marriott International, JPMorgan Chase, and Microsoft, lobby to members of Congress to work on a permanent solution for DREAMers to stay legally in the country, many of whom are their employees.
- Marriott International and Starwood Hotels and Resorts merge into one company with Marriott International purchasing Starwood for $13 billion and making Marriott the largest hotel company in the world.
- Both Starwood Hotels and Resorts Worldwide and Marriott International shareholders approve Marriott's acquisition of Starwood, which will create the world's largest hotelier. The deal has cleared the pre-merger antitrust reviews in the United States and Canada; approvals from the European Union and China is pending. Last week, Anbang Insurance Group topped Marriott's bid, then withdrew their offer three days later.
- A consortium led by China's Anbang Insurance Group announces it will walk away from its $14 billion takeover bid for Starwood Hotels. This restores Marriott International as the highest bidder ($13.6 billion).
- In response to the $13.6 billion cash-and-stock offer by the Marriott International to purchase Starwood Hotels and Resorts Worldwide, Anbang Insurance Group raises its bidding offer to $14 billion.