Design Hotels has branches in Los Angeles, New York and Singapore.
Starwood Hotels & Resorts purchased a 49.8% stake in the German-based company in January 2012 before adding the portfolio to its own stable in late 2015. That share increased to 74% before Marriott took over Starwood in 2016, and since then Marriott has upped its ownership of Design Hotels to 95%.
Around one-third of Design Hotels are members of the Marriott Bonvoy rewards program.
Last week, Design Hotels advised that Marriott DH Holding had sought to transfer the remaining 5% of shares and cash compensation for EUR4 per share as part of the merger squeeze-out.