Arne Sorensen was maybe the best CEO I encountered in my career. He was an innovator, a n enabler and knew his business backwards and forwards. Cancer took him too young and deprived us of his brilliance. Marriott wouldn't have made the transition in buying Starwood and adding those brands without his vision and guidance. He left his mark that we still see today.
The thumbnail pic shows that woman with the exact same type of eyes as the villains in that super early episode of Star Trek where Kirk's middle name started with an R instead of a T and his best friend and the girl from the movie MASH got these type of eyes. Just frightening is all.
The brand integration has been a mixed bag. The level of service is steadily declining even in their premium brands as everything goes “Marriott”. Even at the Ritz and JW Marriott properties I have encountered incredibly horrible service and understaffed locations. They need to stop focusing on this corporate speak (just listen to this interview) and get back to focused, sincere customer service.
2 years ago I would have said Marriott was the best. But recently I would say Hilton and IHG offer better value. Marriott is typically 20 percent more expensive.
The aggressive devaluation of bonvoy points combined with lackluster “high end” offerings pushed me to primarily book at rosewood, four seasons, etc. They have higher standards and don’t generate any ill will with depreciating loyalty system. I only consider Marriott when it’s a rural setting and my only other option is a rundown motel.
her insights on Marriott's asset-light strategy are enlightening! This approach not only streamlines operations but also allows for adaptation to market changes, a good lesson for any business that aiming for a global expansion. 🌍
I admittedly may be missing something. But if they no longer owning the properties, that means they're renting them, and someone else is making a profit off of Marriott, which presumably eats into their margins. Sure, maybe they got a cash influx from selling those properties for more than they paid for them, and they're able to open more locations worldwide, but still seems like a poor long term strategy, unless they found a better way to boost margins that overcomes the profit loss of renting.
I don’t think they rent the properties. From my understanding, the properties that want to use “the brands” need to pay them fees, instead. I think the biz model is a win-win for both the property owners and Marriott.
Oh, more of a franchise model? But I think they owned the properties and sold them off. Either way, that’s an influx of cash now, but a loss of revenue later. So unless new revenue has better margins, it’s not necessarily a good future strategy. But I’m sure they’re working it so they do get better margins on franchising, I suppose.
@rokgod7 yeah but with asset lite they can focus on what they can do great eg the branding/customer experience. Building is a nightmare with huge risk. If management is focused if can be great for all. This model is very similar to NVR and I have some great articles if you want to know more. I don't own Marriott yet.
I have been following your recommendations for quite some time now and I can say with confidence that you are truly experts in the field of binary options. Big wins are an integral part of your channel.
Marriot was not the first hotel chain to embrace the franchise model. Pullman and FourSeasons did it before and honestly are better at it. Merriot is too big for its own good in my opinion
So I got 5 MORE MONTHS of this disgrace marriott. 150 days x 150.00 dollars a day.Thats $22,500 + the $22,500 I spent since Jan 2024. Where are my points????
New airline-refund rules won’t come in time for summer travel. Prepare accordingly: on.wsj.com/3ys5Ow1
Arne Sorensen was maybe the best CEO I encountered in my career. He was an innovator, a n enabler and knew his business backwards and forwards. Cancer took him too young and deprived us of his brilliance. Marriott wouldn't have made the transition in buying Starwood and adding those brands without his vision and guidance. He left his mark that we still see today.
Impressive growth, Marriott! 👏 Truly inspiring!
Those eyes are haunting 😮
I had to click off, I was losing my appetite
Imagine being her spouse and waking up in the middle of the night and she stares at you. I know it sounds mean but it sure is scary
They have to be really bad colored contacts right??
Creepy eyes. Gonna give us nightmares.
the whitewalkers are back!!
Thanks for the great content 🎉❤
The thumbnail pic shows that woman with the exact same type of eyes as the villains in that super early episode of Star Trek where Kirk's middle name started with an R instead of a T and his best friend and the girl from the movie MASH got these type of eyes. Just frightening is all.
Yeah, them crazy eyes.
I thought it was just really bad cataracts?
Leadership eyes
Great Brand.
Not really. Starwood was the brain child. 100% NO BLACKOUT.. The Bestest Loyalty Program in the world hands down
The brand integration has been a mixed bag. The level of service is steadily declining even in their premium brands as everything goes “Marriott”. Even at the Ritz and JW Marriott properties I have encountered incredibly horrible service and understaffed locations. They need to stop focusing on this corporate speak (just listen to this interview) and get back to focused, sincere customer service.
I came here for this comment. 💯
Those last two questions were gimme’s and she whiffed them both! 😂
2 years ago I would have said Marriott was the best. But recently I would say Hilton and IHG offer better value. Marriott is typically 20 percent more expensive.
The aggressive devaluation of bonvoy points combined with lackluster “high end” offerings pushed me to primarily book at rosewood, four seasons, etc. They have higher standards and don’t generate any ill will with depreciating loyalty system. I only consider Marriott when it’s a rural setting and my only other option is a rundown motel.
Is this a re-upload?
her eyes are mesmerizing. she has to be extraordinary.
She is on point.
They bought Starwood. That's the answer.
When did they acquire Starwood?
Wow! I never knew Selena Gomez was a Wall street journal host😮😅
her insights on Marriott's asset-light strategy are enlightening! This approach not only streamlines operations but also allows for adaptation to market changes, a good lesson for any business that aiming for a global expansion. 🌍
Her dad is the Incredible Hulk with those eyes.
I love Marriott
Ask her why no one is working at their hotels… sure profits are up but service is way down.
They don't care as long as this strategy brings billions. Everything nowadays is either fake or cheap substitution
Is no one going to mention she's a day walker?
❤
She sounds like the traditional textbook exec with all her stuffy tired corporate jargon.
I couldn't DISAGREE more! She gave one the greatest business interviews I have ever had the pleasure to watch. Her communication is quite superb.
I can't be the only who thought she was blind from the thumbnail
I have never heard a more corporate jargon soup than what this lady is spewing out
O_o
Maybe it’s just me, but she’s really clear and making perfect sense.
she makes perfect sense. there is no jargon
It's corporate jargon soup to you because you don't understand what she's talking about. For those of us who do, it was brilliant.
I admittedly may be missing something. But if they no longer owning the properties, that means they're renting them, and someone else is making a profit off of Marriott, which presumably eats into their margins. Sure, maybe they got a cash influx from selling those properties for more than they paid for them, and they're able to open more locations worldwide, but still seems like a poor long term strategy, unless they found a better way to boost margins that overcomes the profit loss of renting.
I don’t think they rent the properties. From my understanding, the properties that want to use “the brands” need to pay them fees, instead. I think the biz model is a win-win for both the property owners and Marriott.
Oh, more of a franchise model? But I think they owned the properties and sold them off. Either way, that’s an influx of cash now, but a loss of revenue later. So unless new revenue has better margins, it’s not necessarily a good future strategy.
But I’m sure they’re working it so they do get better margins on franchising, I suppose.
@@rokgod7 Yes, I think it’s something similar to franchising. However, it may differ a bit in detail.
@rokgod7 yeah but with asset lite they can focus on what they can do great eg the branding/customer experience. Building is a nightmare with huge risk. If management is focused if can be great for all. This model is very similar to NVR and I have some great articles if you want to know more. I don't own Marriott yet.
@Nuganics Yes, please send links to those articles.
Nikki is a doll, such a cutie.
Wow
I have been following your recommendations for quite some time now and I can say with confidence that you are truly experts in the field of binary options. Big wins are an integral part of your channel.
Is that Selena Gomez interviewing?!?
Marriot was not the first hotel chain to embrace the franchise model. Pullman and FourSeasons did it before and honestly are better at it. Merriot is too big for its own good in my opinion
White walker eyes
It is all started with a Root beer shop. The owner undeterred.
Her eyes Kill me!
😎
Have I been mispronouncing this hotel wrong all this time??
So basically they want to be more like AirBnB.
Vampire 👁️ .. Thats how it workssss
Public spaces 9:00
I would be extremely disappointed at WSJ if they did this to me. Horrible lighting.
Honestly haven’t even seen the video, but she looks evil
She looks like that male evangelist
Why are comments disabled?
Why Does the U.S. Support and Fund Israel So Much? | WSJ
Not one of but the largest hotel chain in the world😏
Hmmm, all those brands existed for 50 years. Not sure what is coming out of her mouth
s.of.
She has those crazy eyes people talk about, sorry. Can never trust someone like her. 😅
😂
RAS HOUSE MUSIC 🎶 LABORIE BEACH ⛱️ ST LUCIA CARNIVAL
Why the DOJ doesn't sue Marriott for monopoly practices
basically a big ad sponsored by WSJ?
looks like some snow zombie
Literally she repeats the same thing over and over and over again.
No, she doesn't.
the CFO looks like an android
Marriott is rubbish now. It ruined SPG. I miss SPG's excellence service quality.
Her eyes are very distracting
first
how? buying other hotels and illegal monopoly
Your franchise model is terrible....JW Marriott KL...a franchise of Marriott...🤦♂
Usually, we call customers , " Guests" ......
Man, marriot is a freaking joke , where are my points? I'm missing 65 days x 150 bucks a day. What a joke.
That's over $10,000 dollars of my money and loyalty. Do they give a 💩 about loyalty and doing the right thing...think again
So I got 5 MORE MONTHS of this disgrace marriott. 150 days x 150.00 dollars a day.Thats $22,500 + the $22,500 I spent since Jan 2024. Where are my points????
You need a lot of rooms when you have 10 wives.. plus the Mormon church private equity arm is a beast, needs to be.. 10 wives are expensive.
Lizard
Save youself some time, its 11 minutes of corporate ramble with no new material.
Get yourself educated about what she is saying, and maybe you will have an appreciation for it.
yawn
U made the brand but not a good life for Marriott employees associate