hyatt

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Marriott’s Timeshare Business Buys Hyatt Timeshares and the Starwood Timeshares Marriott Didn’t Want

aerial beach ocean shot
Apr 30 2018

Shortly before Starwood announced a deal to be acquired by Marriott it agreed to spin off its timeshare business into a separate company, Vistana, which it sold to Interactive Leisure Group or ILG. ILG now holds the vacation ownership businesses of Hyatt, Sheraton and Westin.

Marriott Vacations is now buying Interactive Leisure Group for $4.7 billion. So an affiliate of Marriott will wind up owning the Starwood timeshare business Marriott itself was believed not to want two and a half years ago as well as Hyatt’s timeshare business.

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Hyatt is Stuck in the Mud

exhale store
Apr 25 2018

Hyatt has a little over 600 hotels. That’s one-tenth the size of Marriott. There’s Marriott, Hilton, IHG, and Accor as players and there just aren’t chains in Hyatt’s peer group anymore.

They did try to buy Starwood themselves but their complex stock structure (two tiered stock giving outsized control to the Pritzker family) was a stopper and Marriott bested them. They tried to buy Kimpton but IHG was willing to pay far more.

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An Odd Place to Put a Hotel Bible

hotel bathroom
Apr 05 2018

Your hotel room probably has a bible, because the Gideons distribute them for free. They started doing this in 1908 at the Superior Hotel in Superior, Montana. And they give away bibles also to hospitals, jails, and medical offices. Worldwide they reportedly give out 80 million bibles per year. The Gideons were formed by two men sharing a hotel room in 1898.

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Soft Landing From Starwood Platinum to… Starwood Platinum

outside hotel
Mar 06 2018

In 2016 I spent almost half the year in hotels. I earned Hyatt’s top tier status and I earned 100 night Starwood Platinum status.

said at the time that I wouldn’t hit 100 nights with Starwood again. I just wasn’t going to travel as much, and I still wanted to earn top tier with Hyatt too. I also knew that I could keep Starwood Platinum by signing up for the Ritz-Carlton credit card and spending $75,000 on it.

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