Video: Starwood exec on how Marriott buy affected staff
 
Video: Starwood exec on how Marriott buy affected staff
09 FEBRUARY 2017 9:46 AM

Marriott International’s 2016 acquisition of Starwood Hotels & Resorts Worldwide wasn’t always the easiest thing to deal with, said Starwood’s former president of global development Simon Turner. Focusing on the tasks at hand was how his team made it through the process. 

LOS ANGELES—There undoubtedly are a number of backstories to what went on at the Stamford, Connecticut, headquarters of Starwood Hotels & Resorts Worldwide after Marriott International announced its intent to acquire the company in November 2015.

The storyline for the 10 months between the initial announcement and the closing of the deal included a number of other acquisition bids offered and plenty of uncertainty among the employees. The nuances of that process—including secondary suitors and other questions surrounding the deal—are well documented on Hotel News Now.

During January’s Americas Lodging Investment Summit, Hotel News Now got a unique look into that topsy-turvy period from the view of a high-ranking Starwood executive who opened up about how the process affected his team. Among other things, Simon Turner—former president of global development at Starwood until the company ceased to exist on 23 September 2016—told HNN that the process involved a lot of self-motivation and a “siege mentality” at times as employees played the hand they were dealt.

For your convenience we have included the video and the transcription of that conversation, which was conducted on Wednesday, 25 January 2017.

Click here for full transcript of HNN’s interview of Simon Turner.

2 Comments

  • Richard Deresz February 9, 2017 12:26 PM Reply

    Excellent interview!

  • Shawn G February 20, 2017 8:48 AM Reply

    Well done Jeff and Simon. Very insightful.

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