Starwood Hotels and Resorts CEO Thomas B. Mangas pointed to “the most powerful loyalty program in the travel industry” in a letter to Starwood employees on March 31 amid furious discussions about a possible acquisition by Anbang Insurance Group and Starwood’s impending merger with Marriott International.
Below is the letter from Mangas to Starwood employees:
Dear Associates:
There is no question that the last few weeks have felt like a rollercoaster ride for our company and our people. Like any ride, it could not....