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Marriott-Starwood merger

Marriott-Starwood stockholders approve merger

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Marriott International and Starwood Hotels & Resorts Worldwide have announced that at separate special stockholder meetings today the stockholders of both companies approved proposals relating to Marriott’s acquisition of Starwood, which will create the world’s largest hotel company.

Holders of over 97 percent of Marriott shares present and voting at the meeting, representing over 79 percent of outstanding shares, voted in favor of a proposal to issue shares of Marriott common stock in connection with the transaction, and holders of over 95 percent of Starwood shares present and voting at the meeting, representing over 63 percent of outstanding shares, voted in favor of a proposal to approve the transaction.

“With today’s successful stockholder approval milestone, we are that much closer to completing our transaction,” says Arne Sorenson, Marriott’s president and chief executive officer. “Our teams continue to plan the integration of our two companies, and we are committed to a timely and smooth transition. We appreciate the stockholders’ vote of confidence in our ability to drive long-term value and opportunity as a combined company.”

“Today’s vote is a significant step toward closing, and we are grateful for the continued enthusiasm and support for this merger,” adds Thomas B. Mangas, Starwood’s chief executive officer. “There is no doubt that this transaction puts our company on the best path forward and we remain excited about the opportunity this combination will create for our stockholders, associates, owners and guests.”

At closing Starwood stockholders will receive 0.8 shares of Marriott common stock plus $21.00 in cash for each share of Starwood common stock.

As previously announced, the parties have cleared the pre-merger antitrust review in the United States and Canada and multiple other jurisdictions. The transaction remains on track to close mid-2016 pending completion of Starwood’s planned divestiture of its timeshare business expected on or around April 30, 2016, obtaining remaining regulatory approvals, including in the European Union and China, and the satisfaction of other customary closing conditions.

Marriott-Starwood merger

More twists and turns in Marriott-Starwood merger

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A consortium led by Anbang Insurance has increased its all-cash offer to acquire Starwood Hotels & Resorts to $82.75 per share for $13.9 billion. The revised, non-binding offer is “reasonably likely to lead to a superior proposal” than one from Marriott, allowing the company to engage in discussions with the Beijing-based group, according to a statement from Starwood.

This new offer comes after a bidding war between Marriott International and Anbang. Marriott had struck a $12.2 billion deal to acquire Starwood Hotels & Resorts in November, creating the world’s largest hotel company. But a consortium led by China’s Anbang Insurance Group offered $13.2 billion for the company at $78 per share. Marriott countered by raising its offer to $21 per share, valuing the total bid at $13.6 billion or $79.43 per share.

According to a Marriott statement, it is committed to completing the deal with Starwood but has not yet raised its current offer. “Starwood stockholders should give serious consideration to the question of whether the Anbang-led consortium will be able to close the proposed transaction, with a particular focus on the certainty of the consortium’s financing and the timing of any required regulatory approvals.”

“The Starwood board will carefully consider the outcome of its discussions with the consortium in order to determine the course of action that is in the best interest of Starwood and its stockholders,” Starwood said in a statement.

Under the terms of the consortium’s current, revised proposal, it would acquire all of the outstanding shares of common stock of Starwood for $82.75 per share in cash, an increase of $4.75 per share from the consortium’s prior binding proposal on March 18th, 2016 for $81 per share.

AC Hotels by Marriott - Marseille

AC Hotels by Marriott opens in Marseille

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AC Hotels by Marriott has opened its fifth property in France, the AC Hotel Marseille Velodrome, in the heart of the city’s business district.

The 126-room hotel offers close proximity to key locations – such as Calanques National Park, Notre-Dame de la Garde basilica, the historic district and the Vieux Port. The property is 30 minutes from the International Marseille Provence airport and 10 minutes from the Saint Charles train station.

Reflecting the contemporary architecture of the city, the guestrooms incorporate an urban colour-scheme with hints of bright colour, clean lines and hardwood floors. Furniture is lifted from the ground to create a sense of space and white linens are used to craft a look that is both refined and elegant.

Hotel AC by Marriott Marseille – ARCHIPEL Design Marseille from a’t render on Vimeo.

The hotel’s Oh Massalia restaurant serves authentic Mediterranean cuisine amid a landscaped garden. For small meetings and events, the hotel features one versatile space for up to 12 people featuring the latest technology. The hotel offers complimentary WiFi throughout all rooms and public spaces.

The new hotel joins AC Hotel Ambassadeur Antibes, Juan-les-Pins, AC Hotel Nice, AC Hotel Paris Porte Maillot and AC Hotel Paris Le Bourget in France. Marriott will bring 22 new AC hotels slated to open in 2016.

Moxy Hotels to open 5 properties in Europe by end of 2016

Moxy Hotels to open 5 properties in key European cities by year-end

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Marriott International announced earlier this week that it plans to open an additional five Moxy Hotels in key European cities in 2016, including Munich, Eschborn and Berlin in Germany, Oslo in Norway and Aberdeen in the UK.

As previously reported by Hotel Designs, in addition to the five European openings there will be two new openings in the United States in Tempe, Arizona in March 2016 and New Orleans in April 2016. The brand expects to offer a portfolio of nearly 150 hotels around the world within the next ten years.

Moxy Hotels to open 5 properties in Europe by end of 2016
Amy McPherson, president and managing director of Marriott International, Europe, said: “This is an exciting and pivotal moment for the Moxy brand as we move into the second phase of development with five new hotel openings this year and nine more expected in 2017. In 2014, Moxy Milan hit the market with a bang, as the first budget-savvy hotel brand to shake up the industry with a fun, stylish, and unexpected hospitality experience.

“We are so pleased to be able to offer this game-changing experience to more travellers in more major cities. This is just the beginning of a sensational journey for Moxy in Europe.”

In partnership with Vastint Hospitality as the owner and developer and franchise partner, Nordic Hospitality, the following Moxy hotels are expected to open by year-end 2016:
Moxy Munich Airport, Germany — 252 rooms – located five minutes from the main terminal — March 2016
Moxy Eschborn, Germany — 176 rooms – located 10 minutes from downtown Frankfurt and 15 minutes from Frankfurt Airport — July 2016
Moxy Berlin Ostbahnhof, Germany — 210 rooms – located in Berlin city centre five minutes walk from Ostbahnhof train station — October 2016
Moxy Oslo Exporama, Norway — 276 rooms – located at the Exporama exhibition and conference centre — November 2016
Moxy Aberdeen Airport, UK — 200 rooms – located seven minutes from the main terminal — December 2016

Edition hotel Barcelona

EDITION hotel planned for Barcelona to open in 2017

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Marriott International in conjunction with Ian Scharger and KKH Property Investors have announced their plans to open a new EDITION hotel in Barcelona in 2017. The 100-room hotel will be in the Ciutat Vella district, close to the Cathedral of Barcelona and nearly adjacent to the iconic Santa Caterina Market.

“We are delighted to announce what will be our third EDITION Hotel in Europe, debuting in one of the most sophisticated and vibrant cities in the region,” said Dan Flannery, global managing director of EDITION.

“EDITION continues to thrive following the recent and iconic openings of London, Miami Beach and New York City, and we couldn’t be more excited about the potential for the brand throughout Europe,” said Mr. Flannery.
Ian Schrager, chairman and chief executive officer of Ian Schrager Company, commented, “I am proud to further the global expansion of the brand with this incredibly exciting project in Barcelona. The city represents a great, cultural epicentre of Europe, making it an ideal location for the region’s newest EDITION.”

The unique project will encompass a total transformation by Office of Architecture in Barcelona – OAB (Carlos Ferrater Studio), of an existing office building into a modern and contemporary luxury-lifestyle hotel with a casual yet timeless feel co-created by Ian Schrager and famed Spanish designer, Lázaro Rosa-Violán. The space will include three distinct restaurant experiences, along with an activated lobby space, club and rooftop bar area.

Now open in New York, London, Miami and Istanbul, EDITION Hotels has marked the next chapter in the lifestyle hotel story. This delicate balancing act encompasses, for the very first time, not only great design and true innovation, but also great personal, friendly, modern service as well as outstanding, one-of-a-kind food, beverage and entertainment offerings “all under one roof”. The authenticity and originality that Ian Schrager brings to this new brand coupled with the global reach of Marriott International results in a truly distinct product that sets itself apart from anything else currently in the marketplace.

Each hotel with its rare individuality, authenticity, originality and unique ethos reflects the best of the cultural and social milieu of its location and of the time. Although all of the hotels look completely different from each other, the brand’s unifying aesthetic is in its approach and attitude to the modern lifestyle rather than its appearance.

Future hotels are planned for Sanya, China (2016), Bangkok (2017), Abu Dhabi (2017), Shanghai (2017), Times Square (2018), West Hollywood (2018), Reykjavik, Iceland (2018), Bali, Indonesia (2018) and Dubai (2019).

Marriott infographic

Marriott International set to double its offering in Europe after Starwood acquisition

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Marriott International in Europe announced on Tuesday that it will double in size once its parent company completes its acquisition of Starwood Hotels & Resorts Worldwide is complete.

When Marriott’s 61,000 open rooms join with Starwood’s 40,500 open rooms and the combined pipeline of 21,500 rooms, the company will reach over 123,000 opened or signed rooms in Europe.

Starwood’s luxury brands, including St. Regis, Luxury Collection and W Hotels, are set to complement Marriott’s luxury brands, including The Ritz-Carlton, EDITION and JW Marriott. The newly acquired luxury brands will complement Marriott’s existing offering in the economy and mid-tier sector, including Moxy Hotels, AC Hotels and Courtyard Hotels, yielding 22 lodging brands across Europe from economy to luxury.

“It’s been an extraordinary time for Marriott,” says Amy McPherson, president and managing director, Marriott International, Europe. “We signed over 10,000 new rooms in 2015 for the first time in our history, doubling in size since 2010. Added to this unprecedented growth was the announcement of our Starwood acquisition which is expected to close in mid-2016. Our momentum is incredible.”

Marriott’s Autograph Collection is also set to open four hotels in 2016 including two Roomers hotels in Germany. AC Hotels, the urban European design hotel brand, which has recently been introduced to the US to positive reviews, is expected to open 22 hotels globally and will launch in the UK for the first time in Manchester and Birmingham later this year.

JW Marriott Monterrey

JW Marriott Monterrey to open in 2019

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Marriott International has announced its 250-room, luxury JW Marriott Monterrey property will open in 2019.

The LEED certified hotel will feature guest rooms and suites with its renowned JW luxury, a striking rooftop pool and bar with sweeping views of the city and the Sierra Madre Mountains, a 3,200-square-foot, state-of-the-art fitness centre, a 2,100 square-foot Executive Lounge, two restaurants, a lobby bar and more than 18,000 square feet of modern meeting and event space.

Monterrey, often referred to as the “City of Mountains”, is the third largest city in Mexico and serves at the country’s High Tech capital. The city is a key industrial and business hub – home to an array of Mexican companies as well as international companies such as Sony, Toshiba, Samsung, Dell, among others.

The Hague Marriott

Marriott adds The Hague property to its portfolio following 4-month refurb

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Marriott Hotels – Marriott International’s signature brand – has welcomed The Hague Marriott to its portfolio following an extensive four-month refurbishment.

The hotel, situated in the Netherlands’ diplomatic capital, now boasts an array of new facilities and design features; including 306 rooms and suites inspired by the city’s coastline, the ‘Greatroom’ lobby and the Garden Terrace social space.

The Hague Marriott
The Executive Lounge on the ninth floor – home to an all-day cocktail bar – showcases views over the sea and cityscape. The hotel has a lean towards business travellers with flexible and stylish meeting spaces, with the largest accommodating up to 700 people.

The move comes as part of Marriott’s latest marketing campaign, which urges guests to ‘Travel Brilliantly’. The campaign allows mobile check-in/check-out and room-ready alerts as well as a pilot scheme for keyless entry with mobile devices – currently being tested at the Baltimore Marriott Waterfront Hotel.

Mori Trust and Marriott

Marriott International expands in Japan with Five Mori Trust hotels

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Marriott International and Japan’s leading lodging company Mori Trust Group have announced the signing of five hotels in Japan under the Marriott Hotels brand.

The agreements for five Mori Trust hotels will see Marriott International double its footprint of its flagship Marriott Hotels brand in Japan, and will increase its Japanese presence by one-third as the company reaches its 20th property, upon completion of the rebranding of all hotels.

Over the next two years, Mori Trust Group will renovate five existing Laforet properties and rebrand them as Marriott Hotels, offering approximately 840 rooms. The agreements between the two companies extend a relationship that has seen the successful opening of the Tokyo Marriott Hotel, Courtyard by Marriott Tokyo Station Hotel and Courtyard by Marriott Shin-Osaka Station Hotel.

Mori Trust and Marriott

Mori Trust and Marriott have worked together on several projects including the Tokyo Marriott Hotel

The five rebranded hotels – Lake Biwa Marriott Hotel, Nanki-Shirahama Marriott Hotel, Fuji Marriott Hotel, Izu Marriott Hotel Shuzenji, and Karuizawa Marriott Hotel – are all located in Japan’s most scenic destinations. They are part of the large-scale hotel renovation plan announced by Mori Trust Group in October 2015 and an investment of approximately JPY16 billion (£101 million).

Marriott International currently runs 15 hotels in Japan spanning five brands, The Ritz-Carlton, Marriott Hotels, Renaissance, Courtyard, and Autograph Collection Hotels.

Moxy Hotels

Moxy Hotels moving into US with New Orleans, Tempe openings

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Moxy Hotels, Marriott International‘s edgy new lifestyle brand, is shaking up traditional hospitality and making its mark in the USA with Moxy New Orleans, LA, and Moxy Tempe, Arizona – both set to open in Spring 2016.

Moxy New Orleans: Developed and owned by Noble Investment Group, the contemporary 108-room hotel is scheduled to be unveiled in April 2016.

Moxy Tempe: The hotel will feature 186 industrial chic, yet comfortable, bedrooms and an abundance of free-flowing indoor/outdoor space enabled by modern roll-up garage doors off the lobby.

Moxy Hotels
Moxy Hotels, which first launched in Milan in September 2014, is entering the US market in a bold way, with several identified projects slated for major metropolitan locations in addition to New Orleans and Tempe, including New York City, San Francisco, Seattle, Chicago and Nashville.

Upcoming international openings include Munich, Frankfurt, Berlin, Oslo, Aberdeen, and London. The brand expects to offer a portfolio of nearly 150 hotels around the world within the next ten years.

Moxy Hotels

Photos from moxy-hotels.marriott.com

RPW Design work at London Marriott County Hall

RPW Design working on London Marriott County Hall project

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A leading hospitality interior design practice, RPW Design, is repositioning the five-star London Marriott County Hall hotel for the global market. With their trademark interiors alchemy, RPW Design is transforming the guestrooms and public areas to create a ‘quintessentially British’ feel. This multi-million pound transformation will see all 200 bedrooms and suites and public spaces completed by May 2016.

RPW was inspired by the history and location of Marriott County Hall, in particular taking note of decorative architectural components designed by the architect, Ralph Knott. The original wrought iron detailing apparent in the building’s entrance and ceremonial gates leading to the council chambers were a key inspiration for the designs. The bronze tone in the linear metal work has been re-interpreted into the bespoke cabinetry and ironmongery in the guestrooms. With the original building being completed in the 1930’s there are nods to Art Deco patterning within the carpet design and bespoke decorative lighting pieces throughout.

RPW Design work at Marriott London County Hall
Bold, oak timbers were selected as a basis for the colour schemes to create a connection to the listed panelling in the principal corridors. A refreshingly light palette creates harmony between the past and future of the building as well as reflecting its essentially masculine style.

Each room is laid out in the finest detail to bring ease, luxurious functionality and comfort for the guests’ every-day needs; from the tiniest element such as the bespoke handles for the cabinetry, the correct angles for mirrors and of course intuitive technology throughout, practicality reigns without compromising on style. Sumptuous soft furnishing and subtle plays on iconic London landmarks are featured throughout.

RPW Design work at Marriott London County Hall
Design touches in each room include tasteful homages to the building’s history and location including chairs upholstered in a deep orange as a tribute to the orange red leather upholstered seating used in the former London council chambers. Bowler hat prints on the corridor wall paper echo London’s business culture. Elizabeth Lane, Director of Projects, said: “Through a careful exercise of understanding and re-incorporating architectural and historic details of the building, both architecturally and decoratively; the space at the Marriott County Hall has been significantly enhanced while maintaining its inherent distinctiveness.”

RPW Design work at Marriott London County Hall

The Westminster Suite
The Westminster Suite (the hotel’s largest) has had a full refurbishment and now the luxuriously panelled suite lives up to its fantastic views across the River Thames to Westminster. A collection of 7 artworks of varying sizes installed on a curved wall behind the dining table creates a narrative and history of the property around the open plan suite. Each piece is made up of a collage of newspaper prints relating to London, Southbank and the arts. There are highlights of hand-sketched architectural imagery of the building and references to the Coade stone Lions of the Southbank.

London Marriott County Hall
London Marriott County Hall
London Marriott County Hall Westminster Suite bathroom

The Public Areas

“While being respectful to features in the public areas, we plan to enhance the space by both refurbishing existing furniture and details and introducing new furniture elements and soft furnishings that again nod towards to the history of the building and it’s completion date in the 1930s,” said Heather McLellan, Senior Designer for the project.

“The before-and-after views of any of the areas RPW designed-be it the stunning guestroom areas, corridors or the wonderful Westminster Suite are remarkable. I strongly believe we have once again successfully demonstrated how we can unlock great value within our client’s assets through sensible, yet bold design moves” says Ariane Steinbeck, Managing Director of RPW Design.

(Photos courtesy from marriott.co.uk)

El Mangroove, Costa Rica

Autograph Hotels adds second Costa Rica hotel with El Mangroove

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Autograph Collection Hotels, Marriott International’s growing collection of independent hotels, is celebrating further expansion across the Caribbean and Latin America, and the brand’s second hotel in Costa Rica, with the addition of El Mangroove.

El Mangroove, located off the Gulf of Papagayo, is a sustainable boutique, lifestyle resort that boasts a modern design which incorporates Costa Rica’s natural beauty through wood and water elements along with bamboo, stone and natural furnishings that merge all indoor and outdoor spaces.

The hotel has 85 luxurious guest suites outfitted with every imaginable amenity, a pool stretching over 130 feet with sweeping views of the Gulf of Papagayo and a state of the art spa and fitness centre that includes outdoor “wild-fit” areas and multi-functional exercise decks.

In addition, its ample and exclusive meeting facilities are ideal for groups, with more than 3000 square feet of functional space, both indoors and outdoors.

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