Marriott buys Sheraton, Weston names in Starwood deal

Marriott International has swallowed up its rival Starwood Hotels and Resorts making it the owner of such famous brand names at Sheraton, Westin and St. Regis. It is a $12.2 billion deal that makes Marriott the world’s largest hotelier by a wide margin. The stock-and-cash deal will add 50 percent more rooms to Marriott’s portfolio which includes such names Marriott Courtyard, Ritz-Carlton and Fairfield Inn. The new company would have 5,500 properties with more than 1.1 million rooms around the world. Below, some discussion of the deal by those on the BNN anchor desk.