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As CEO of Marriott, one of the key decisions that Sorenson was known for was the $13 billion acquisition of Starwood Hotel & Resorts Worldwide, Inc., which made the company the largest global hotel chain with over 30 hospitality brands including Sheraton, W Hotels, Ritz-Carlton, Westin, among others, and held more than 1.4 million rooms globally.
Marriott International's headquarters in Bethesda, Maryland. Marriott International is the largest hotel company in the world by the number of available rooms. It has 36 brands with 8,785 properties containing 1,597,380 rooms in 141 countries and territories. [1]
He pushed his father, who was wary of taking on debt after experiencing the Great Depression, to expand from the restaurant business into the hotel business. [4] Marriott was elected executive vice president and member of the board of directors in January 1964, [4] president of the company in November 1964, chief executive officer in 1972, and ...
Marriott appointed Anthony Capuano as the company's new CEO, following Arne Sorenson’s tragic death. Marriott CEO Anthony Capuano joins Yahoo Finance Live to discuss how the hotel industry ...
The pandemic upended the hotel industry; Marriott laid off tens of thousands of workers and shed $10 billion in revenue in 2020, as travel ground to a halt. At the same time, its widely respected ...
Capuano succeeds Arne Sorenson, who died last week after a battle with pancreatic cancer and during whose tenure Marriott struck a $12.2 billion deal to buy Starwood Hotels & Resorts Worldwide Inc ...
Joyce worked for Marriott International for 25 years. [3]From 2008 to 2017, Joyce was the president and CEO of Choice Hotels. [4] During his tenure, in the fall of 2010, he was featured on an episode of the CBS reality TV series Undercover Boss.
The death of Marriott CEO Arne Sorenson after a nearly two-year battle with pancreatic cancer left the hotel industry in shock this week, sparking touching tributes from former employees, friends ...