-
Marriott CEO Will Remain On Job While Receiving Cancer Treatment
Friday, May 3, 2019 - 10:56am | 366Read More...Hotel giant Marriott International Inc (NASDAQ: MAR) said Friday that President and CEO Arne Sorenson will remain on the job while receiving treatment for pancreatic cancer. What Happened Sorenson was diagnosed Wednesday with stage 2 pancreatic cancer, and the 60-year old executive will begin...
-
What You Need To Know About Marriott's Starwood Data Breach
Friday, November 30, 2018 - 10:01am | 408Read More...Hotel chain Marriott International Inc (NASDAQ: MAR) confirmed Friday it has been a victim of a data security breach involving its Starwood guest reservation database. What Happened Marriott said in a regulatory filing it first became aware of a potential data breach Sept. 8, when an internal...
-
Here's What Airbnb Said In A Letter To Marriott's CEO
Monday, November 27, 2017 - 12:35pm | 398Read More...One of the key components to Airbnb's long-term success is being able to compete in an open and fair environment against major hotel chains. But now an ongoing feud with one of the largest hotel chains, Marriott International Inc (NASDAQ: MAR), shows the extent to which the competitive...
-
Marriott CEO Outlines Company's 2019 Objectives
Tuesday, March 21, 2017 - 5:05pm | 320Read More...Hotel and lodging giant Marriott International Inc (NASDAQ: MAR) unveiled on Tuesday its near-term growth plan, which implies an average of one new hotel opening somewhere in the world every 14 hours through 2019, or a total of 285,000 to 300,000 new rooms. The company also introduced 2019...
-
Hotel Chains Versus Online Travel Agencies: Marriott Thinks It Can Win
Thursday, September 22, 2016 - 8:39am | 528Read More...Conventional wisdom would dictate that hotel chains such as Marriott International Inc (NASDAQ: MAR) have a strong relationship with online travel agencies including Priceline Group Inc (NASDAQ: PCLN) and Expedia Inc (NASDAQ: EXPE). However, this is not the case at all, at least according to a...
-
Marriott And Starwood Investors Voted To Approve Merger
Friday, April 8, 2016 - 3:14pm | 325Read More...Marriott International Inc (NASDAQ: MAR) and Starwood Hotels & Resorts Worldwide Inc (NYSE: HOT) jointly announced on Friday that shareholders of both companies successfully voted to approve Marriott's acquisition of Starwood. Marriott noted in its press release that holders of over 97 percent...
-
Marriott CEO: Luxury And Limited Service Hotels Recovering
Thursday, April 30, 2015 - 4:06pm | 405Read More...Marriott International Inc (NASDAQ: MAR) declared first-quarter results following market close on Wednesday. Diluted EPS for the quarter rose 28 percent year-over-year to $0.73, while North American RevPAR rose 6.9 percent in the quarter. Arne Sorenson, Marriott CEO and president, was on CNBC...
-
Marriott CEO: We've Got A 'Very Steady' Growth
Thursday, February 19, 2015 - 5:50pm | 315Read More...Marriott International Inc (NASDAQ: MAR) posted better-than-expected fourth-quarter results on Wednesday. CEO and President Arne Sorenson was on CNBC Thursday to weigh in on the company’s results and discuss the growth rate of the company’s various brands. “Well, I think we...
-
Marriott International Falls After Q3 Results; Cuts 2013 Earnings Guidance (MAR)
Wednesday, July 31, 2013 - 5:10pm | 305Read More...Marriott International (NYSE: MAR) released its fiscal second-quarter earnings results on Wednesday after the closing bell. The company reported earnings per share that were in-line with estimates, and revenue that came in ahead of Wall Street expectations. Marriott also provided guidance for the...
