Time will obviously tell - but as when they announced the new spinoff - Long Term Marketing/Naming deals were signed meaning little change in what we actually see. Just different name under different umbrella.
I read some about Hyatt today and it appears they acquired, but it operates as its own unit but gives them additional balance sheet leverage.
All about the assets for them and asset light for Starwood.
Time of course will tell but I would anticipate it wouldn't be a free for all elimination of the structure we all purchased. And, given the 100 year (I thought I read) marketing deals to keep Westin, Elite Benefits, etc....things will continue on as usual.
But I await the typical cynical replies about how we are all about to get screwed.