What is the net worth of Starwood Property Trust?
What is the net worth of Starwood Property Trust? STWD has a market cap or net worth of $6.19 billion. The enterprise value is $25.98 billion.
Who bought out Starwood?
In November 2015, it was announced that Starwood would be acquired by Marriott International for $12.2 billion.
What is the largest hotel chain in the world?
Marriott International At the top of the list, we find Marriott International, the global leader for the seventh consecutive year. With 31 brands, 8,194 hotels, and over one and a half million rooms in 138 countries, it is the largest hotel chain in the world in 2023.
Why did Starwood sell to Marriott?
Starwood opted for what it calls Marriott's “superior” bid because, according to the SEC filing, it “represented a transaction that offered superior long-term value than the proposal submitted by Company E, due to, among other things, the superior strategic benefits of a combination with Marriott because of the strong ...