S&P affirms Marriott International

Standard & Poor’s said it affirmed all ratings, including its BBB corporate credit rating, on Marriott International Inc.

The outlook remains stable.

“The rating affirmation reflects our view that the credit measures of the combined group comprising Marriott and Starwood will be in line with our current base-case forecast on Marriott,” said S&P credit analyst Carissa Schreck in a news release. “This is based on Marriott's decision to finance the $12.2 billion acquisition of Starwood Hotels & Resorts Worldwide Inc. in a stock-for-stock transaction.”

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