Yes, you read that correctly: Marriott Vacations is a separate company from Marriott International and acquired Hyatt's timeshare business in 2018 as a result of a $4.7 billion deal in 2018. Starwood spun out its timeshare business, encompassing Sheraton and Westin brands, shortly before Marriott acquired it in 2016.

As of February 2026, there is no official merger or takeover between Marriott International and Hyatt Hotels Corporation. While the hospitality industry frequently sees rumors of massive consolidations, Hyatt remains an independent, publicly traded company (NYSE: H). In fact, Hyatt is currently focused on its own global expansion strategy for 2026, with a record pipeline of nearly 148,000 rooms and a focus on luxury brands like Park Hyatt, Alila, and Thompson Hotels. Marriott, the world’s largest hotel chain, continues to manage its 30+ brands separately. Any rumors of a "takeover" are likely speculative, driven by the overall trend of industry consolidation (such as Hyatt’s own acquisitions like Standard International). For travelers, this independence is good news, as it maintains competition between the Marriott Bonvoy and World of Hyatt loyalty programs, which offer distinct benefits and "sweet spot" redemptions for their members.