Medford River's Edge project could be 3-5 years from completion Oct 9, 2009
Just last Wednesday, officials from the state and the Mystic Valley Development Commission, which oversees the River s Edge project, announced that Marriott International has leased 32,000 square feet of office space at 200 River s Edge Drive. While some may shrug their shoulders, the Marriott s arrival not only means River s Edge has officially signed its first tenant, but that a major player is shutting down offices in New York, New Jersey, Delaware, Pennsylvania and throughout New England to... (Medford Transcript, MA)
Earnings Roundup: Levi Strauss, Bassett Furniture Oct 9, 2009
CHICAGO (AP) Vacationers helped Marriott International Inc. post a better profit for the third quarter than the hotel owner and operator had forecast. MILWAUKEE (AP) Bearing in mind that consumers will remain focused on low prices even when the recession ends, soft drink and snack maker PepsiCo Inc. said that it's creating new products at lower prices and plans to continue offering discounts in its Frito-Lay and beverage businesses. (ABC News -- Wire)
Marriott reports third-quarter loss Oct 9, 2009
NEW YORK, Oct. 8 (Xinhua) -- Marriott International Inc. on Thursday reported a third-quarter loss due to a significant write-down in its timeshare business. The company reported a loss of 466 million U.S. dollars, or 1. (Xinhuanet, China)
State, HGEA going 'back and forth' on contract Oct 8, 2009
Honolulu Mayor Mufi Hannemann, who has been on the mainland this week, and Big Island Mayor Billy Kenoi were traveling to Japan yesterday for an event sponsored by Marriott International to promote tourism to Hawaii ... Honolulu Mayor Mufi Hannemann, who has been on the mainland this week, and Big Island Mayor Billy Kenoi were traveling to Japan yesterday for an event sponsored by Marriott International to promote tourism to Hawaii. (Honolulu Star-Bulletin)
Bankrupt firm plans $11.6M in bonuses Oct 8, 2009
Mayor Mufi Hannemann will join executives of Marriott International in Tokyo today and tomorrow for its Spirit of Aloha campaign to promote travel to Hawai'i. Big Island Mayor Billy Kenoi is also part of today's Tokyo event. (Honolulu Advertiser)
Earnings Preview: Marriott International Inc. Oct 8, 2009
Marriott International to release third quarter results, record $760 million charge ... Marriott International Inc. reports results for its fiscal third quarter on Thursday. (ABC News -- Wire)
Wall St futures point to higher start for equities Oct 8, 2009
Marriott International is scheduled to announce financial results. A Food and Drug Administration advisory panel considers if Pfizer (PFE.N) should be allowed to promote its AIDS drug Selzentry more widely. (Yahoo News -- Press Releases)
Hannemann, Kenoi to promote Hawaii in Japan Oct 7, 2009
Mayor Mufi Hannemann will join executives of Marriott International in Tokyo Wednesday and Thursday for its "Spirit of Aloha" campaign to promote travel to Hawaii. "The Japan visitor market is one we treasure in Hawaii and one we must never take for granted," Mayor Hannemann said. (Honolulu Advertiser)
Judge to rule on bail in taping of ESPN's Andrews Oct 6, 2009
-based Marriott International Inc. said in a statement that the company takes its guests' security and privacy seriously and has been cooperating with investigators. FBI agents also went to the Ramada Conference Center in Milwaukee, formerly the Radisson Airport. (Jefferson City News Tribune, MO)
Oil settles above $70 as stock markets climb Oct 6, 2009
"It still recognizes the favorable vibes that it's getting from the stock market, said Jim Ritterbusch, president of energy consultancy Ritterbusch and Associates. Benchmark crude for November delivery gained 46 cents to settle at $70.41 on the New York Mercantile Exchange. Retail gasoline prices held steady overnight at $2.461, but the average national price has dropped nearly 20 cents a gallon since mid-August as the summer driving season wound down, according to AAA, Wright Express and Oil... (Yahoo News -- Press Releases)
Oil above US$70 in Asia Tuesday as global stocks gain(update) Oct 6, 2009
"It still recognizes the favorable vibes that it's getting from the stock market, said Jim Ritterbusch, president of energy consultancy Ritterbusch and Associates. Benchmark crude for November delivery gained 46 cents to settle at $70.41 on the New York Mercantile Exchange. Weak economic data weighed on crude prices last week. The U.S. reported worse than expected manufacturing and jobs numbers, with the unemployment rate rising to 9.8 percent in September, the highest since 1983. This week will... (The Star Online, Malaysia -- Business)
Erin Andrews' alleged stalker released, monitored Oct 6, 2009
The hotel referred questions to Jeff Flaherty, the director of public relations with Marriott International. In to the Tennessean, he said, "Marriott takes the security and privacy of its guests very seriously and we have been cooperating with authorities during the investigation.". (USA Today -- Sports)
Earnings Likely to Determine Stock Rally's Future Oct 5, 2009
Aluminum producer Alcoa Inc., PepsiCo Inc. and Marriott International Inc. are slated to report during the week as is Yum Brands Inc., the parent of the Pizza Hut, Taco Bell and KFC fast-food chains. 1. (ABC News -- Wire)
Earnings reports will be big factor this week Oct 5, 2009
Aluminum producer Alcoa Inc., PepsiCo Inc. and Marriott International Inc. are slated to report during the week as is Yum Brands Inc., the parent of the Pizza Hut, Taco Bell and KFC fast-food chains. Some analysts are questioning whether the latest lull in stocks is similar to the 7 percent slide the market endured from mid-June to mid-July before companies reported earnings that topped modest expectations. (MSNBC -- Business)
Westport Plaza Residence Inn Rated "Green" in Quality Oct 5, 2009
" The hotel would be unrecognizable from how it looked when it was purchased by Buffalo Lodging Associates from Marriott International in 2000. It went through a full renovation last year. Major highlights include new carpeting in the guest suites and public areas; and updated lighting, countertops and furnishings, including bedding and d;cor, in every suite. A complete remodel of the Gatehouse and lobby area is scheduled for this winter. The new Marriott design elements will be incorporated... (Saint Louis Front Page)
BREAKING NEWS: Marriott leases space at Rivers Edge Oct 4, 2009
Massachusetts Lt. Gov. Timothy P. Murray, speaking in front of the Tufts Boathouse in Medford, announced today that Marriott International has leased 32,000 square feet of office space at 200 River s Edge Drive, the first tenant to move into the building. Marriott will be relocating their Northeastern United States offices to the complex. (Malden Observer, MA)
Business Events Scheduled for the Coming Week Oct 3, 2009
Marriott International Inc. releases third-quarter financial results. PURCHASE, N.Y. PepsiCo Inc. releases third-quarter financial results. (ABC News -- Wire)
Timeshare Sales Decline Sep 30, 2009
Marriott International Inc., which is cutting prices and stopping development of new units, predicted that sales are unlikely to turn anytime soon. Woronka says one of the major issues facing the industry is tight credit, which is reducing the pool of customers by preventing sales to people with lower credit scores. (Realtor Magazine Online)
Marriott Announces Big Cutbacks Sep 26, 2009
REALTOR Magazine Online: The real estate professional's business support tool. YOUR INTERACTIVE MAGAZINE REALTOR.ORG/realtormag. (Realtor Magazine Online)
Marriott International to write down $760M Sep 24, 2009
for free extra services. Wednesday, September 23, 2009, 8:32am HAST. (Pacific Business News, HI)
Marriott International to write off $760M on its timeshare business Sep 24, 2009
Marriott International Inc. said it plans to take a third-quarter pretax charge of $760 million in its timeshare business as the economic slowdown cuts leisure travel and investing. The company, which operates four timeshare properties in Hawaii, will cut prices, halt development at some luxury fractional ownership and residential resorts, and sell some undeveloped land, Marriott said today in a statement. (Honolulu Advertiser)
Valley cities urge residents to spend money locally Sep 21, 2009
The Glendale program, for example, offers discounts at the Residence Inn and SpringHill Suites, both owned by Marriott International Inc. in Maryland. "Those corporations might have a bigger picture, but the sales-tax dollars are going here," Pino said. (AZCentral)
BusinessWeek ranks top firms for careers Sep 19, 2009
They include AFLAC (NYSE: AFL), Aramark, AT&T (NYSE: ATT), Boeing (NYSE: BA), Cisco Systems (NASDAQ: CSCO), Comcast (NASDAQ: CMCSK), Enterprise Rent-A-Car, Ernst & Young, General Mills (NYSE: GIS), Grant Thornton, Hyatt, Intel (NASDAQ: INTC), KPMG, Liberty Mutual, Lockheed Martin (NYSE: LM), Macy s, Marriott International (NYSE: MAR), Northrop Grumman (NYSE: NOC), PricewaterhouseCoopers LLC, Southwest Airlines (NYSE: LUV), Target (NYSE: TGT) and Verizon Communications (NYSE: VZ). A is available... (New Mexico Business Weekly, NM)
Software still going strong Sep 19, 2009
Its software enables customers including AOL, Inc., , , Gaylord Hotels and Marriott International Inc. to analyze and respond to customer feedback. Despite economic challenges, many of our clients are ramping up their focus on retaining and up-selling to customers, Banerjee said. (Washington Business Journal, DC)
Waikiki Beach Marriott employees raise $20K for Kapiolani Medical Center Sep 19, 2009
Waikiki Beach Marriott's contribution is part of Marriott's Spirit to Serve program, which works to foster goodwill in communities where Marriott International does business. In 2008, Marriott Resorts Hawaii employees, customers and partners gave more than $1. (Honolulu Advertiser)
Strikes with the strike master Sep 11, 2009
Marriott International CEO Bill Marriott paid a visit to Patriot Place yesterday to check out the new Renaissance Hotel and to spend a little time with Pats brass Robert and Jonathan Kraft. Also there were Mark Streicher and Mark Stebbins of S&S Hotels. (Boston Globe)
Fairfield Inn & Suites by Marriott opens in Exeter Sep 9, 2009
Al Ferri, of Marriott International, said this was one of the best openings he has seen due to the readiness of the hotel and preparedness of associates, Riley said. Marriott puts hoteliers through a rigorous standards assessment and training. (Seacoast New Hampshire)
Report: State Dept. is tops in list Sep 8, 2009
Bethesda-based Marriott International (NYSE: MAR) , with starting pay averaging between $35,000 and $40,000, made more than 300 new hires in 2008 and many will be around awhile. BusinessWeek said that in an industry plagued by high turnover, Marriott's retention is the best, with 35 percent of new hires remaining after five years on the job. (Washington Business Journal, DC)
Deloitte & Touche Tops BusinessWeek's Annual List of 'Best Places to Launch a Career' Sep 4, 2009
BusinessWeek's 50 Best Places to Launch a Career 2009 2008 Company Industry Rank Rank ------- -------- ---- ---- 1 2 Deloitte & Touche Accounting 2 1 Ernst & Young Accounting 3 3 PricewaterhouseCoopers Accounting 4 5 KPMG Accounting 5 12 U.S. State Dept. Nonprofit/Government 6 4 Goldman Sachs Investment Banking 7 11 Teach for America Nonprofit/Government 8 14 Target Retail 9 10 J.P. Morgan Investment Banking 10 9 IBM Technology 11 47 Accenture Consulting 12 24 General Mills Consumer Products 13... (PR Newswire)
Family-Friendly Tennessee Hotels & Attractions Aug 28, 2009
Aug. 27 /PRNewswire/ -- Marriott International, Inc., one of the world's leading lodging companies, is helping families plan fun-filled trips to some of Tennessee's top attractions ... MARRIOTT INTERNATIONAL, Inc. (NYSE: ) is a leading lodging company with more than 3,200 lodging properties in 66 countries and territories ... Marriott International operates and franchises hotels under the Marriott, JW Marriott, The Ritz-Carlton, Renaissance, Residence Inn, Courtyard, TownePlace Suites, Fairfield... (PR Newswire)
Discovering The Tar Heel State: North Carolina Hotels & Attractions Aug 27, 2009
Aug. 26 /PRNewswire/ -- Marriott International, Inc., one of the world's leading lodging companies, is helping families plan fun-filled trips to some of the Tar Heel State's top attractions ... MARRIOTT INTERNATIONAL, Inc. (NYSE: ) is a leading lodging company with more than 3,200 lodging properties in 66 countries and territories ... Marriott International operates and franchises hotels under the Marriott, JW Marriott, The Ritz-Carlton, Renaissance, Residence Inn, Courtyard, TownePlace Suites,... (PR Newswire)
Detroit Fans Celebrate Local Events and Sports with Getaways Downtown Aug 26, 2009
Media Contact: Jodie Kennedy Manager, Marketing & eCommerce Marriott International P: 248-761-3561 F: 248-485-6736 For reservations: 1-800-352-0831. Buzz up. (Yahoo! Wire -- Entertainment News)
LATINA Style Magazine Announces the 2009 LATINA Style 50 Report Aug 25, 2009
2009 LATINA Style Top 50 Companies Kaiser Permanente AT&T Inc. Marriott International, Inc. Verizon Communications, Inc. Southern California Edison Prudential Financial Macy's, Inc. Johnson & Johnson WellPoint, Inc. Wal-Mart Stores, Inc. IBM Corporation McDonald's Corporation General Mills, Inc. PepsiCo, Inc. Bank of America Corporation Principal Financial Group Wells Fargo & Company Citi BNSF Railway Company Darden Restaurants, Inc. MGM MIRAGE Northern Trust Comerica Bank The Coca-Cola Company... (PR Newswire)
Marriott Resorts has online sweepstakes to mark statehood Aug 19, 2009
"Social media is an incredibly powerful communications tool," said Ed Hubennette, vice president for North Asia, Hawaii, and South Pacific, Marriott International. Hubennette predicts that the giveaways will generate enough interest that people will "share the news with their friends through Twitter, Facebook, YouTube, message boards, websites and blogs, and that the campaign will take on a life of its own and reach tens of thousands of people.". (Honolulu Advertiser)
Marriott drops blame-victim defense in Conn. rape Aug 18, 2009
A Marriott International hotel is abandoning its defense in a lawsuit brought by a Connecticut woman raped at gunpoint in a garage in front of her children that she was careless and partially at fault for the 2006 attack ... -based Marriott International Inc., which had claimed in its defense of a lawsuit by the woman that she had "failed to exercise due care for her own safety and the safety of her children and proper use of her senses and facilities.". (Muscatine Journal, IO)
Watergate attracts at least 6 potential buyers Aug 16, 2009
Marriott International Inc. issued the statement Friday, a day after news reports that court papers filed by the Stamford Marriott Hotel aid the woman "failed to exercise due care for her own safety and the safety of her children," ages 3 and 5. Prosecutors say the woman was attacked in 2006 in her minivan in the hotel's parking garage. (Fresno Bee -- Nation)
Conn. hotel has sympathy for rape victim suing it Aug 15, 2009
Marriott International Inc. issued the statement Friday, a day after news reports that court papers filed by the Stamford Marriott Hotel aid the woman "failed to exercise due care for her own safety and the safety of her children," ages 3 and 5. Prosecutors say the woman 00004000 was attacked in 2006 in her minivan in the hotel's parking garage. (Anchorage Daily News)
EnerNOC Returns 260% on Fees From Turning Down Lights in 2009's Power Grid Aug 14, 2009
The Boston-based company makes software that helps Marriott International Inc. and other customers reduce power consumption and reap savings by shutting down lighting, air conditioning and even water fountains when theyre not in use or when electricity prices are high. And energy system operators pay EnerNOC to dial back its customers usage during heat waves or outages, lessening the need to tap carbon-spewing peaker plants for emergency juice. (Bloomberg -- US)
Wall Street still likes D.C.'s bonds Aug 13, 2009
The CFO also announced the creation of a Web site, , which offers financial information on D.C. and previews three bond offerings the city plans for the fall, including bonds backed by tax revenue associated with the Washington Convention Center Authority, the sale of which will partially finance a new convention center hotel planned by Marriott International Inc.. Reader Comments. (Washington Business Journal, DC)
Jim Durbin Wins 2009 American Hotel & Lodging Association (AH&LA) Stars of the Industry Award Aug 13, 2009
He has also received the Marriott International Leadership Excellence Award in 2007 and 2008, Gallup Organization's 2007 Gallup Great Workplace Award for Excellence in Managing and the 1988 San Diego "Hotel Man of the Year.". Under Durbin's guidance, the hotel has received numerous awards, including the highest REVPAR (revenue per available room) in its competitive set, the 2006 Western Region High Performance Award and 2007 Western Region Revenue Team of the Year from Marriot International,... (PR Newswire)
Hotel share prices up as economy improves Aug 9, 2009
Starwood Hotels ts Worldwide Inc. and Marriott International Inc., each of which operates about a dozen properties in Hawai'i, saw their share prices rise by double digits on the positive economic developments ... Marriott International Inc. shares were up $2. (Honolulu Advertiser)
On the fairway, lessons in water management Aug 7, 2009
Marriott International is applying lessons learned at its golf course here to its resort properties in other states ... Marriott International is applying lessons learned at its golf course here to its resort properties in other states. (Honolulu Star-Bulletin)
Hyatt Hotels Registers for Public Offering Aug 6, 2009
Marriott International Inc. said last month that its profit fell 76 percent in the second quarter and offered a cautious outlook for the year. Hyatt was founded in 1957 by Jay Pritzker. (ABC News -- Wire)
IRSA Inversiones y Representaciones Sociedad Anonima Announces Strategic Investment in Hersha Hospitality Trust Aug 5, 2009
The properties are operated under leading and prestigious franchises including Marriott International, Intercontinental Hotel Group, Starwood Hotels, Hilton Hotels Corporation, Global Hyatt Corporation and Choice Hotels International. To see Hersha's properties, please visit. (PR Newswire)
Marriott looking to buy Jul 31, 2009
Report: Marriott International set to scoop up competitor hotels - Washington Business Journal ... Report: Marriott International set to scoop up competitor hotels. (Washington Business Journal, DC)
Noordin group claims bombings Jul 30, 2009
Meanwhile, a spokeswoman for Marriott International, the group which operates the Marriott and Ritz-Carlton hotels in Jakarta, said both hotels re-opened yesterday amid heightened security measures. The reopening less than two weeks after the blasts reflects the lack of serious structural damage caused by the attacks. (Sydney Morning Herald -- World)
* World News Quick Take Jul 30, 2009
Marriott International manages both hotels. We have resumed our normal business operations today. (Taipei Times, Taiwan -- World)
Bombed Indonesia hotels re-open Jul 29, 2009
" onclick="Next();" src="/images/butt_next. We hope to be able to reach an average hotel occupancy of 60 to 70 per cent like before, in spite of the bombings," she said. "We have certainly increased our security measures, with some new approaches which I cannot tell you as they're confidential. (Channelnewsasia.com)
From Water Skiing to Warhol: Historic Renaissance Vinoy has Something for Everyone Jul 23, 2009
Media Contact: Mauri Berry Marketing Communications Manager Marriott International P: 770-867-6497 F: 678-425-9225. Buzz up. (Yahoo! Wire -- Entertainment News)
The Great Earnings Illusion Jul 23, 2009
Consider Marriott International (). The hotel chain topped analyst expectations by 10% in the second quarter. (BusinessWeek)
Contexts of terror in Indonesia Jul 22, 2009
Although the terrorists may not have known these details, the Ritz-Carlton Hotel Company is an independently operated division of Marriott International, Inc, which owns the JW Marriott brand, and both firms are headquartered on the outskirts of Washington DC.. Second-round revenge against the Marriott may also have played a role - assaulting a place that had rebuilt and recovered so quickly after being attacked in 2003. (Asia Times Online)
Marriott plants flag in Hanoi Jul 21, 2009
Marriott International plants flag in Hanoi - Washington Business Journal ... Marriott International plants flag in Hanoi ... Marriott International Marriott International plans Its first hotel in Hanoi, Vietnam ; a 450-room JW Marriott Hotel Hanoi that will open in 2012. (Washington Business Journal, DC)
Sierra Bancorp reports drop in second quarter Jul 21, 2009
As businesses continued to scale back on travel in the recession, Marriott International Inc.'s second-quarter profit fell 76 percent. Marriott expects the trend to continue and offered far more cautious outlooks for the third quarter and full fiscal year than Wall Street expected, sending its shares down $1. (Fresno Bee)
Indonesia Suicide Bombers Challenged by Marriott Hotel Staff Before Blasts Jul 20, 2009
The JW Marriott bomber exited an elevator wearing a backpack on his chest and pulling a luggage trolley and told guards he was delivering a case to his boss, said , global head of security for Marriott International Inc.. The Ritz Carlton attacker told restaurant workers he was a resident in room 2701 of the hotel, which has only 26 floors, as he sat down to order breakfast, said Orlob. (Bloomberg -- Asia)
Announcements for Saturday, July 18, 2009 Jul 19, 2009
The Marriott International Family Golf Fesival, which encourages parents and children to learn and play the game together, is inviting families to Kaua i Lagoons for an afternoon of free golf activities and instruction, including short game and full swing clinics. Participants will have the chance to win a variety of prizes and will also be treated to complimentary beverages. (Lihue Garden Island, HA)
Are U.S.-Owned Hotels Terror Targets? Jul 18, 2009
Marriott International owns both the JW Marriott and the Ritz-Carlton in Jakarta. The JW Marriott was attacked once previously in 2003, when Islamic extremists exploded a car bomb outside the hotel, killing 12 people. (ABC News)
Marriott International profits fall 76% Jul 18, 2009
Marriott International profits fall 76. Washington Business Journal - by Staff Reporter. (Washington Business Journal, DC)
Terror Strikes on Jakarta Hotels Leave 8 Dead Jul 18, 2009
Saturday July 18, 2009 4:59 AM ET. Published July 17, 2009 6:20 AM. (SmartMoney)
Jakarta Ritz, Marriott Suicide Bomb Attacks Show Revival of Jihadi Terror Jul 18, 2009
The two hotels managed by Marriott International Inc. would boost security after the attacks, said , global head for security at Marriott. Out of Nowhere. (Bloomberg -- Asia)
Riding a global rally Jul 18, 2009
"It's a bit of a slow start to get direction. The rand is slightly weak and resources are firmer on the rand. "We will continue to keep an eye on the US and their earnings and any surprises out of there will be watched," she said. Dow Jones Newswires reported that US stocks staged a late afternoon rally on Thursday, with American Express helping the DJIA, Nokia tumbling on concerns about competitive pressure and Marriott International losing ground after a decline in quarterly earnings. The DJIA... (Business Report, South Africa)
Marriott 2Q Profit Declines 76 Percent Jul 17, 2009
As businesses continued to scale back on travel in the recession, Marriott International Inc.'s second-quarter profit fell 76 percent ... Marriott International said Thursday, July 16, lower revenue and hefty restructuring charges pushed down its net income 76 percent in the second quarter. (ABC News -- Business)
Defense Verdict Reached in Case of Drunken Man's Airport Injury Jul 17, 2009
Carl D. Buchholz III of Rawle & Henderson represented Marriott International and Host Hotels & Resorts. Philadelphia Common Pleas Court Judge Marlene Lachman, who presided over the trial, granted his motion to dismiss Marriott the day after he settled with Kleiss. (Law.com)
Marriott International profit falls 76% Jul 17, 2009
Marriott International profit falls 76 percent - Baltimore Business Journal ... Marriott International profit falls 76 percent. (Baltimore Business Journal, MD)
Two Marriott International Hotels in Paris Get Five-Star Status in New French Hotel Classification System Jul 17, 2009
For more information about the , the and the 8 other Marriott International hotels in Paris, France, visit. MARRIOTT INTERNATIONAL, Inc. (NYSE:MAR) is a leading lodging company with more than 3,200 lodging properties in 66 countries and territories ... Marriott International operates and franchises hotels under the Marriott, JW Marriott, The Ritz-Carlton, Renaissance, Residence Inn, Courtyard, TownePlace Suites, Fairfield Inn, SpringHill Suites and Bulgari brand names; develops and operates... (Yahoo News -- Press Releases)
Jeff Smisek To Become Chairman and Chief Executive Officer of Continental Airlines; Larry Kellner To Return To Private Equity After 14 Years With the Airline Jul 17, 2009
Continental has been a tremendous partner to the Houston community and we look forward to working with Jeff as he assumes his new role," said Pastor Caldwell. Continental was named Fortune magazine's No. 1 Most Admired Global Airline in each year of Kellner's tenure as chairman and CEO. He fostered Continental's working together culture, while leading the carrier's expansion into London Heathrow, China and India and focusing the company on fuel efficiency and environmental responsibility.... (PR Newswire)
