Marriott Looks to Quicken Rate of Starwood Brand Expansion

Marriott International (MAR) wants to increase the pace of its expansion of brands acquired in its takeover of Starwood (HOT) and is also considering further additions to its portfolio.

Marriott CEO Arne Sorenson made note of the hotel company's plans at the IHIF hotel conference in Berlin, according to Reuters. The CEO is expecting 2017 to be a strong year for the company, but expressed that there will be some bumps in the road, the most significant being the political changes in the U.S.

"We are concerned about whether national policies around travel [will] roll out in a way that is harmful to our business and economies," Sorenson said.

More from Stocks

3 Things Investors Must Know for Monday

3 Things Investors Must Know for Monday

Street Stats: The Mid-Term Elections May Be a Rollercoaster Ride for Investors

Street Stats: The Mid-Term Elections May Be a Rollercoaster Ride for Investors

What You Need to Know About Facebook and Europe's New Privacy Rules

What You Need to Know About Facebook and Europe's New Privacy Rules

8 Bold Moves General Motors Could Make to Rev Up Its Battered Stock Price

8 Bold Moves General Motors Could Make to Rev Up Its Battered Stock Price

Is Your Investment Portfolio Prepared for Trade Wars, Inflation and More Trump?

Is Your Investment Portfolio Prepared for Trade Wars, Inflation and More Trump?