What does starwood mean?
Definitions for starwood
star·wood
This dictionary definitions page includes all the possible meanings, example usage and translations of the word starwood.
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Wikipedia
Starwood
Starwood Hotels and Resorts Worldwide, LLC is a subsidiary of Marriott International. Prior to its merger with Marriott, it was an American hotel and leisure company headquartered in Stamford, Connecticut. It was one of the world's largest hotel companies that owns, operates, franchises and manages hotels, resorts, spas, residences, and vacation ownership properties under its 11 owned brands. As of 1 December 2014, Starwood Hotels and Resorts owned, managed, or franchised over 1,200 properties employing over 180,400 people, of whom approximately 26% were employed in the United States.On November 16, 2015, Marriott International announced that it would purchase Starwood Hotels and Resorts for $13.6 billion, creating the world's largest hotel chain once the deal closed. The merger was finalized on September 23, 2016, after gaining the final approval from the American authorities. After the acquisition by Marriott was approved, the Starwood Preferred Guest program announced that it would provide reciprocal benefits with Marriott's guest reward program. The two programs were merged under a single brand on August 18, 2018.
Numerology
Chaldean Numerology
The numerical value of starwood in Chaldean Numerology is: 7
Pythagorean Numerology
The numerical value of starwood in Pythagorean Numerology is: 7
Examples of starwood in a Sentence
While attracted to Starwood's high-end global hotel portfolio, at the end of the day Anbang is a disciplined buyer, anbang has both the interest and the financial resources to do a deal of this size and more, but only at the right terms that make long-term financial sense.
My guess is that Starwood wanted either a higher break-up fee, maybe a billion dollars, or a higher price from Anbang to offset the risk.
Expedia will have a lot more sway going in with hotels now and saying ‘ give us this preferred position, ’ but hotels can still sell their product on their own. It’s not like a milk company that has to rely on a store to sell the milk for them. They can just sell direct to consumers. And a larger brand like a Hilton or a Starwood or a Marriott has other distribution methods. They’re in a better position to negotiate than they have been before, and they’ve also come up with ways to give consumers incentives to book directly with them.
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Translations for starwood
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"starwood." Definitions.net. STANDS4 LLC, 2024. Web. 29 Apr. 2024. <https://www.definitions.net/definition/starwood>.
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