With Chinese approval of Marriott’s deal for Starwood the last major hurdle has been cleared and closing is expected by the end of the week.
The deal clearly benefits Marriott Rewards members, who have been seeing improved benefits and will get a treasure trove of top properties at which to use their points. It benefits Starwood general members who earn via hotel spend, since Marriott Reward offers a higher rebate percentage. But there’s been much teeth gnashing among Starwood elites.