There was substantial interest in Starwood once the hotel chain was clearly on the block for sale. Three Chinese firms were supposedly seeking government permission to make a bid to buy Starwood Hotels. Hyatt was rumored to be the lead bidder.
There had earlier been speculation about a Starwood-IHG (or Wyndham) merger. Wyndham hired away enough Starwood talent that it’s recently been referred to as Wynwood.
Eventually Marriott submitted what was expected to be the winning offer.