US-based Marriott International said Monday that it has purchased Starwood for $12.2 billion, creating the world's largest hotel chain.
The boards of directors of both companies unanimously approved the merger, under which the companies will operate or franchise more than 5,500 hotels with 1.1 million rooms worldwide.
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Turkish soldier killed in Syria operationMaintained and developed by Arabs Today Group SAL.
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Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©