Travel

The Legacy of Marriott's Arne Sorenson

Arne Sorenson's tenure as CEO of Marriott International was marked by deals designed to grow the company into a global powerhouse in the hotel industry.
Tags: Travel, Marriott, Arne Sorenson, Marriott International

Marriott International to create the Arne M. Sorenson Hospitality Fund to support the design of a world class hospitality program and curriculum

The J. Willard and Alice S. Marriott Foundation together with Howard University announced today the establishment of the Marriott-Sorenson Center for Hospitality Leadership in honor of Marriott International's (NASDAQ: MAR) beloved president and CEO, Arne Sorenson, who tragically passed away last week from pancreatic cancer. The J. Willard and Alice S. Marriott Foundation will provide a $20 million endowment to launch the Center at Howard University, one of the nation's leading historical...
Tags: Travel, Black, Alice, Arne Sorenson, Marriott International, Willard, Howard University, Marriott Foundation, MAR, Arne M Sorenson Hospitality Fund

The J. Willard and Alice S. Marriott Foundation Announces $20 Million Endowment at Howard University to Establish the Marriott-Sorenson Center for Hospitality Leadership

The J. Willard and Alice S. Marriott Foundation together with Howard University announced today the establishment of the Marriott-Sorenson Center for Hospitality Leadership in honor of Marriott International's (NASDAQ: MAR) beloved president and CEO, Arne Sorenson, who tragically passed away last week from pancreatic cancer. The J. Willard and Alice S. Marriott Foundation will provide a $20 million endowment to launch the Center at Howard University, one of the nation's leading historical...
Tags: Travel, Black, Alice, Arne Sorenson, Willard, Howard University, Marriott Foundation, MAR, Marriott Foundation Announces

In Memory Of Arne Sorenson | By Iqbal Ahmed

For more than a decade, while working as a concierge for a hotel in London, I became familiar with the name of its eponymous founder, Mr Marriott. His name was somewhat legendary for guests and hosts alike because a father and son duo had run the company for eight decades under their identical name, J. Willard Marriott, distinguishable only by the suffix 'Snr' or 'Jnr'. But then, in 2012, I heard that someone called Arne Sorenson had succeeded Bill Marriott Jnr as the CEO of the company. ...
Tags: Travel, London, Marriott, Arne Sorenson, Arne, IQBAL AHMED, Willard Marriott, Bill Marriott Jnr

Marriott International Appoints Anthony Capuano as New CEO And Stephanie Linnartz as President

Marriott International's (NASDAQ: MAR) Board of Directors announced today that Anthony "Tony" Capuano has been appointed Chief Executive Officer and has joined the company's Board of Directors, effective immediately. He was previously Group President, Global Development, Design and Operations Services. The Board of Directors also announced that Stephanie Linnartz, previously Group President, Consumer Operations, Technology and Emerging Businesses, has been appointed President, effective i...
Tags: Travel, Board of Directors, Marriott, Arne Sorenson, Marriott International, Capuano, Stephanie Linnartz, Linnartz, Anthony Capuano, MAR Board of Directors, Anthony Tony Capuano

Marriott Bets on the ‘Bleisure’ Lifestyle

Marriott International's MAR 4.61% late Chief Executive Officer Arne Sorenson, who died last week, told Forbes in 2019 that he wanted his company to be "as big as possible." His boldest move came back in 2015 when he announced that Marriott would acquire Starwood Hotels & Resorts Worldwide, adding brands that appealed to travelers' interests and values such as design, fashion, youth and productivity. Now Marriott is hoping Mr. Sorenson's biggest deal can be its savior.
Tags: Travel, Marriott, Forbes, Sorenson, Arne Sorenson, Marriott International, MAR, Starwood Hotels Resorts Worldwide

We’ll all miss Arne Sorenson’s influence | By Jeff Higley

Arne Sorenson's legacy encompasses many qualities—from his leadership and empathy to his business acumen and embracing the big picture of humanity.
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Analysts Express Confidence in Marriott After Sorenson’s Death

Analysts who cover Marriott International said companies don't get stronger by losing emblematic leaders like Arne Sorenson, but the remaining executive leadership team is expected to continue to grow the company.
Tags: Travel, Marriott, Sorenson, Arne Sorenson, Marriott International

Marriott President and CEO Arne Sorenson to Temporarily Reduce Schedule for Cancer Treatment

Marriott International, Inc. (NASDAQ: MAR) today announced that president and CEO Arne Sorenson will be temporarily reducing his schedule to facilitate more demanding treatment for pancreatic cancer. In May 2019, the company announced that Mr. Sorenson, 62, had been diagnosed with pancreatic cancer and was beginning treatment.
Tags: Travel, Marriott, Sorenson, Arne Sorenson, Marriott International Inc NASDAQ

Marriott's Arne Sorenson in conversation with Uber CEO Dara Khosrowshi

Uber CEO Dara Khosrowshahi recently joined Marriott International President and CEO Arne Sorenson to discuss how Uber handled COVID-19 and share his thoughts on recovery and the future of travel.
Tags: Travel, Marriott, Arne Sorenson, Marriott International, Dara Khosrowshahi, Dara Khosrowshi

Marriott is pulling donations to Republicans who voted to overturn the election, while JP Morgan and Citigroup are halting political donations altogether

Supporters of US President Donald Trump enter the US Capitol's Rotunda on January 6, 2021, in Washington, DC. SAUL LOEB/AFP via Getty Images Marriott, the Blue Cross Blue Shield Association, and Commerce Bank have cut off donations to GOP lawmakers who objected to certifying Democrat Joe Biden as president.  JP Morgan, Goldman Sachs, Morgan Stanley, and Citigroup have all said they will temporarily pause all political donations to both the Republicans and Democrats completely. Last Wed...
Tags: Facebook, Politics, Congress, Hotels, Finance, Senate, US, Trends, Tech, General Motors, Joe Biden, Companies, Gop, Ford, Washington Dc, Mary Barra

Marriott International announces partnership with Grab in six Southeast Asian countries

The COVID-19 pandemic has hit the hospitality industry especially hard, and hotels around the world are looking for ways to regain revenue. Today, Marriott International and Grab announced a partnership that will cover the hospitality giant’s dining businesses in six Southeast Asian countries: Singapore, Indonesia, Malaysia, the Philippines, Vietnam and Thailand. Instead of room bookings, Marriott International deal with Grab focuses on about 600 restaurants and bars at its properties in t...
Tags: Travel, TC, Asia, China, Restaurants, Southeast Asia, Thailand, Klook, On-demand Delivery, Arne Sorenson, Marriott International, Grab, Klook Klook, Russell Cohen, Marriott Bonvoy

Teague Talks...Interview with Arne Sorenson, President & CEO of Marriott International

Teague chats with Arne about his COVID timeline, how he's been able to lead during a global pandemic, and how China's hotel performance may give us some insight into the recovery in the U.S.
Tags: Travel, China, Arne Sorenson, Marriott International, Teague, Arne, Teague Talks Interview

Marriott's Arne Sorenson Receives 2020 Out & Equal Ally Changemaker Award Recognizing Workplace Equality

Arne Sorenson, President and Chief Executive Officer of Marriott International has been awarded the 2020 Out & Equal Ally Changemaker Award. According to Out & Equal, this award recognizes an LGBTQ Ally who has made a significant contribution to advancing workplace equality. As allies, they uplift the voices of marginalized groups and have shown a unique commitment to LGBTQ workplace rights and will have used their talents to further that cause, even if at some risk.
Tags: Travel, Marriott, Arne Sorenson, Marriott International

The coronavirus outbreak has triggered unprecedented mass layoffs and furloughs. Here are the major companies that have announced they are downsizing their workforces.

People gather at the entrance for the New York State Department of Labor offices on March 20, which closed to the public due to the coronavirus outbreak in the Brooklyn borough of New York City. Andrew Kelly/Reuters The spread of the coronavirus is projected to impact millions of jobs worldwide.In just 22 weeks, more than 57 million Americans have filed for unemployment insurance — that's more than the number of claims filed during the Great Recession.The travel and hospitality industries h...
Tags: Lyft, Europe, London, Ge, Instagram, Washington Post, Air Canada, New York City, US, Los Angeles, San Francisco, Trends, Tesla, Cnn, Walgreens, Chicago

Cvent Sees Record-Breaking Registration for Cvent CONNECT US

Cvent, a market-leading meetings, events, and hospitality technology provider, announced its all-star lineup of speakers for its two-day virtual Cvent CONNECT US conference on August 25-26, which is set to be the largest gathering of meeting, event, and hospitality professionals in history. The agenda features 28 live breakout sessions, multiple product roadmap livestream presentations, a keynote session from the company's CEO and Founder Reggie Aggarwal, one-on-one interviews with Arne S...
Tags: Travel, US, Hilton, Marriott, Arne Sorenson, Christopher Nassetta, Reggie Aggarwal, American Airlines Southwest Airlines

Marriott's Sorenson believes "the worst is now behind us"

Marriott International saw global RevPAR drop 84.4% in the second quarter, with Marriott CEO Arne Sorenson telling investors that the three months through June "will mark the bottom, and that the worst is now behind us."
Tags: Travel, Marriott, Sorenson, Arne Sorenson, Marriott International

A Message Marriott CEO Arne Sorenson: Proud to be named a Best Place to Work for Disability Inclusion

Marriott International has always focused on welcoming all - from our guests to our associates to our hotel owners and suppliers, regardless of race, nationality, gender, gender identity, age or ability. Open arms are in our DNA, which is only natural for a hospitality company.
Tags: Travel, Marriott, Arne Sorenson, Marriott International

Arne Sorenson Video Update on Face Coverings

Following American Hotel & Lodging Association (AHLA)'s "Safe Stay Guest Checklist" announcement last week, Marriott International will require all guests to wear a face covering in its hotels effective July 27.
Tags: Travel, Arne Sorenson, Marriott International

Marriott CEO Arne Sorenson On The Future Of The Hospitality Industry, Masks, And Furloughs

So you think you've had a rollercoaster year? Consider the tumultuous times of hospitality leader Arne Sorenson, the president and CEO of Marriott International. On the heels of the purchase and integration of Starwood Hotels and Resorts into the Marriott organization and a period of unprecedented growth for the combined company, Sorenson was diagnosed with Stage Two pancreatic cancer. His being a treatable type of the disease, Sorenson underwent surgery, chemotherapy, radiation treatment...
Tags: Travel, Marriott, Starwood Hotels and Resorts, Sorenson, Arne Sorenson, Marriott International

How Will Hotels Turn Profitable Again? | By Saurabh Gupta

The onset of COVID-19 is the mega crisis of our lifetime. For the hospitality sector, it is an Armageddon event threatening to wipe out the good, the bad and the ugly without any distinction. Arne Sorenson of Marriott described the impact of the pandemic to be more severe than the 9/11 attacks and the 2008 financial crisis combined.
Tags: Travel, Marriott, Arne Sorenson, Saurabh Gupta

Marriott Opens All Hotels In China, Sees Steady U.S. Recovery: Ceo

Marriott International (MAR.O) has reopened all its hotels in China and is seeing a steady recovery in the United States, its biggest market, Chief Executive Officer Arne Sorenson said on Monday.
Tags: Travel, China, United States, Marriott, Arne Sorenson, Marriott International MAR O

David Marriott To Replace Bill Marriott As Chairman Of Global Hotel Giant

Bill Marriott is planning to step down from his role as chairman of Marriott International's board after more than four decades leading the company. Marriott CEO Arne Sorenson announced on the firm's earnings call Tuesday Bill Marriott, 88, would transition to chairman emeritus in 2022 and would be replaced by his son, David Marriott. The company also detailed the financial challenges it faces as the coronavirus continues to damage the hotel industry. The son of founder J.W. Marriott, Bil...
Tags: Travel, Marriott, Bill, Sorenson, Arne Sorenson, Marriott International, Bill Marriott, Washington Business Journal, David Marriott, David Marriott To Replace Bill Marriott, J W Marriott Bill Marriott

GBTA Industry Forum Series: Arne Sorenson, Marriott International

The GBTA | Global Business Travel Association welcomes one of the world's most regarded business leaders, Arne Sorenson, CEO of Marriott International, to the Industry Forum Series.
Tags: Travel, Arne Sorenson, Marriott International, GBTA, Arne Sorenson Marriott International

Marriott announces CEO Arne Sorenson's salary will be suspended for the rest of the year and senior executives' salaries will be reduced by 50% as the coronavirus ravages the hospitality industry

In a conference call with investors on March 19, Marriott's Executive Vice President and Chief Financial Officer Leeny Oberg announced that the company will suspend the salaries of President and CEO Arne Sorenson and Executive Chairman Bill Marriott for the balance of 2020 to offset revenue losses due to the coronavirus pandemic.
Tags: Travel, Marriott, Arne Sorenson, Bill Marriott, Leeny Oberg

Video: A message to Marriott International associates from President and CEO Arne Sorenson

Arne M. Sorenson, president and chief executive officer of Marriott International ("Marriott" or the "company"), said, "The travel industry is being impacted in unprecedented ways by COVID-19. As the virus and efforts to contain it have spread around the world, demand at our hotels has dropped significantly. We are working tirelessly to take care of our associates, our guests, our owners and our other key stakeholders. The situation is changing by the day and there is still tremendous unc...
Tags: Travel, Arne Sorenson, Marriott International, Arne M Sorenson, COVID, Marriott International Marriott

Mom and Dad were Right – We Shouldn’t Waste Food | By Arne Sorenson

So many people waste food. I'm guilty of it too. It’s not a trivial thing. Consider this, about 1.3 billion tons of food are wasted each year around the world – four times the amount needed to feed the more than 800 million people who are malnourished, according to the World Wildlife Fund.
Tags: Travel, Arne Sorenson

Travel News: November 13, 2019

Losses at Hong Kong Disneyland mar an otherwise strong Q4 for Disney parks Travel Weekly Pro-democracy protests in Hong Kong have had an impact at the turnstiles at Hong Kong Disneyland, Disney CFO Christina McCarthy said during the company’s earnings call on Nov. 7. The park recorded a $55 million loss of income for the fiscal fourth quarter, a price tag that could increase to $275 million over the course of the next 12 months if the unrest continues. Bonvoy Helps Boost Marriott...
Tags: Travel, Hong Kong, Marriott, Starwood, Meredith Vieira, Hong Kong Disneyland, News And Deals, Arne Sorenson, Vieira, Federal Aviation Administration FAA, Hong Kong Disneyland Disney, Disney parks Travel Weekly Pro, Christina McCarthy, Bonvoy Helps Boost Marriott, Avalon View Travel Weekly Avalon Waterways, Ybbs Austria

Marriott International Statement on Health of President and CEO Arne Sorenson

Marriott International, Inc. (NASDAQ: MAR) today announced that President and CEO Arne Sorenson was diagnosed on Wednesday with stage 2 pancreatic cancer. Sorenson, 60, received the diagnosis from a medical team at Johns Hopkins Hospital in Baltimore after a series of tests. Sorenson will remain in his role while undergoing treatment.
Tags: Travel, Baltimore, Sorenson, Arne Sorenson, Johns Hopkins Hospital, Marriott International Inc NASDAQ, Marriott International Statement on Health

Marriott’s CEO Has Pancreatic Cancer

Marriott announced that their CEO Arne Sorenson has stage 2 pancreatic cancer. Pancreatic cancer is asymptomatic in the early stages so it’s incredible that it was caught at this point. Continue reading Marriott’s CEO Has Pancreatic Cancer...
Tags: Travel, Advice, Marriott, Arne Sorenson