Author Topic: Mariott will buy Starwood  (Read 38602 times)

Offline chuchem

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Mariott will buy Starwood
« on: November 16, 2015, 06:25:58 AM »
Mariott and Starwood just announced it

Quite bad news


Offline chulent613

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Re: Mariott will buy Starwood
« Reply #1 on: November 16, 2015, 06:35:13 AM »
Mariott and Starwood just announced it

Quite bad news
Hyatt buying starwood is over?
Why is starwood so desperate to sell?

Offline D93

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Re: Mariott will buy Starwood
« Reply #2 on: November 16, 2015, 06:50:41 AM »
Wow! :(

Offline tafastamerubaLOtafasta

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Re: Mariott will buy Starwood
« Reply #3 on: November 16, 2015, 06:55:36 AM »
how bad is this? how much is starpoints going to go down?

Offline Emkay

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Re: Mariott will buy Starwood
« Reply #4 on: November 16, 2015, 06:58:49 AM »
seems like everyone and their uncle was in talks to buy it

Offline danR

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Re: Mariott will buy Starwood
« Reply #5 on: November 16, 2015, 07:01:02 AM »
Oh vey

Offline D93

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Offline Emkay

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Re: Mariott will buy Starwood
« Reply #7 on: November 16, 2015, 07:06:26 AM »
im not sure this is so bad

Offline benjie1305

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Re: Mariott will buy Starwood
« Reply #8 on: November 16, 2015, 07:38:37 AM »

how bad is this? how much is starpoints going to go down?

~31.74%
Work hard, Play harder!

Offline AROCKS1

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Re: Mariott will buy Starwood
« Reply #9 on: November 16, 2015, 07:52:01 AM »
http://www.cnbc.com/2015/11/16/marriott-to-buy-starwood-for-122b-in-cashstock.html

Interesting that the article didn't mention any previous consideration of a Hyatt merger...

I wonder what Dan will have to say about the effects of the new aquisition...

Offline elya

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Re: Mariott will buy Starwood
« Reply #10 on: November 16, 2015, 07:59:22 AM »
So spg - airline transfers decimated?

Offline Malachi

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Re: Mariott will buy Starwood
« Reply #11 on: November 16, 2015, 08:46:45 AM »
A sad sad day. Accumulated hundreds of thousands of Spg points and wham !
Denny Crane

Offline D93

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Re: Mariott will buy Starwood
« Reply #12 on: November 16, 2015, 08:52:24 AM »
A sad sad day. Accumulated hundreds of thousands of Spg points and wham !

What's the "wham"? Nothing has been announced yet regarding the loyalty programs.

Offline benjie1305

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Re: Mariott will buy Starwood
« Reply #13 on: November 16, 2015, 08:53:32 AM »
A sad sad day. Accumulated hundreds of thousands of Spg points and wham !

Not sure why you are already concluding that your points are worthless.
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Offline itsyehuda

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Re: Mariott will buy Starwood
« Reply #14 on: November 16, 2015, 08:57:24 AM »
This is much worse than Hyatt buying them.
I remember when a coke was a nickel, and you could buy VRs in OD.

Offline chulent613

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Re: Mariott will buy Starwood
« Reply #15 on: November 16, 2015, 08:58:00 AM »
Is this merger final or its like the Chinese companies/Hyatt and next week the big news will be that Hilton is buying starwood

Offline Chapshnell

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Re: Mariott will buy Starwood
« Reply #16 on: November 16, 2015, 09:07:37 AM »
Mergers are never good. Why contaminate a good SPG program???? So stupid!

Offline tzifanya54

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Re: Mariott will buy Starwood
« Reply #17 on: November 16, 2015, 09:09:28 AM »
Not sure why you are already concluding that your points are worthless.
What's the "wham"? Nothing has been announced yet regarding the loyalty programs.
how bad is this? how much is starpoints going to go down?
im not sure this is so bad
Most likely will be 1:1 conversion. If it's a 1:1 ratio then the value of spg goes down by 300%. How is that not bad? That makes every 100k worth 33k!

Offline benjie1305

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Re: Mariott will buy Starwood
« Reply #18 on: November 16, 2015, 09:10:55 AM »
Most likely will be 1:1 conversion. If it's a 1:1 ratio then the value of spg goes down by 300%. How is that not bad? That makes every 100k worth 33k!

Lets not assume things until they actually announce what it'll be.

Work hard, Play harder!

Offline Chapshnell

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Re: Mariott will buy Starwood
« Reply #19 on: November 16, 2015, 09:12:16 AM »
I can see it already... For only 850,000 Marriott points per night you can stay in the St Regis NY.
#hotelpesos