Owner and Franchisee Preference: We collaborate with our associates, hotel owners, franchisees, brands, suppliers, business partners and guests to actively reduce the environmental impact of and risk to our business by constructing and operating sustainable hotels. The combination of our two companies brings together the best in innovation, culture and execution.
Commitment to Management and Franchising: Byrequire all contracted suppliers in the Top 10 categories to provide information on product sustainability, inclusive of social and human rights impacts Byrequire all contracted suppliers to provide this information Sustainable Sourcing: Marriott expects the transaction to be earnings accretive by the second year after the merger, not including the impact of transaction and transition costs.
The telephone dial-in number for the conference call is and for participants outside Key strategic issues of jw marriott U. This is an opportunity to create value by combining the distribution and strengths of Marriott and Starwood, enhancing our competitiveness in a quickly evolving marketplace.
The conference ID for the recording is The conference ID is For more information or reservations, please visit our website at www. About Marriott International, Inc. Any of these factors could cause actual results to differ materially from the expectations we express or imply in this press release.
Conference Call at 9: Assuming receipt of the necessary approvals, the parties expect the transaction to close in mid Continued Strong Returns to Shareholders: Reduce Environmental Impacts Reduce Environmental Impacts We minimize our footprint by sustainably managing our energy and water use, reducing our waste and carbon emissions and increasing the use of renewable energy.
The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
Reduced our energy intensity by No Offer of Solicitation The information in this communication is for informational purposes only and is neither an offer to purchase, nor a solicitation of an offer to sell, subscribe for or buy any securities or the solicitation of any vote or approval in any jurisdiction pursuant to or in connection with the proposed transactions or otherwise, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law.
Marriott remains committed to its management and franchise strategy, minimizing capital investment in the business to generate attractive shareholder returns.
A telephone replay of the conference call will be available for two weeks. The combined company will be able to realize increased efficiency by leveraging economies of scale in areas such as reservations, procurement and shared services.
They cannot be estimated at this time, but are expected to be meaningful. This greater scale should offer a wider choice of brands to consumers, improve economics to owners and franchisees, increase unit growth and enhance long-term value to shareholders.
Earnings will benefit from post-transaction asset sales, increased efficiencies and accelerated unit growth. Our board concluded that a combination with Marriott provides the greatest long-term value for our shareholders and the strongest and most certain path forward for our company.
In addition, these documents may be obtained from Marriott free of charge by directing a request to investorrelations marriott.
Starwood is a fully integrated owner, operator and franchisor of hotels, resorts and residences under the renowned brands: We expect to benefit from the best talent from both companies as we position ourselves for the future.
Marriott remains committed to maintaining an investment grade credit rating and to continue managing the balance sheet prudently after the merger. Significant Capital Recycling Program: We make these forward-looking statements as of the date of this press release.
They should be even stronger when the companies merge. We aim to reduce the negative environmental and social impact of our business activities by focusing on sustainable, responsible and local sourcing. Transition costs are expected to be incurred over the next two years.
Marriott expects to maintain our 3. Our guests and customers will benefit from so many more options across 30 hotel brands, while our hotel owners and franchisees will derive value from our combined global platform and efficiencies.
In connection with the proposed transaction, Marriott will file with the SEC a registration statement on Form S-4 that will include a joint proxy statement of Marriott and Starwood that will also constitute a prospectus of Marriott. These documents can be obtained free of charge from the sources listed above.
MAR is a global leading lodging company based in Bethesda, Maryland, USA, with more than 4, properties in 85 countries and territories.Sustain responsible operations We have an even greater obligation to operate responsibly with our expanding global presence. While integrating sustainability across our value chain and mitigating climate-related risk, we are working to reduce our environmental impacts, build and operate sustainable hotels and source responsibly.
JW Marriott hotels cater to sophisticated, self-assured travelers seeking The JW Treatment™ — the brand's philosophy that true luxury is created by people who are passionate about what they do – carrying on J. Willard Marriott’s legacy of excellence and personal attention to detail.
Review Marriott International's sustainability goals for the future. Find past corporate sustainability reports, and discover how we're performing. Follow the latest updates and discover new information about the hotel industry at Marriott News Center.
Follow the latest updates and discover new information about the hotel industry at Marriott News Center. W Hotels, St. Regis, Luxury Collection, JW Marriott, The Ritz-Carlton; Deanna Williams. phone email Courtyard.
Transaction Highlights and Strategic Benefits global leadership and spirit of innovation were much admired and key drivers of our value. Our board concluded that a combination with Marriott provides the greatest long-term value for our shareholders and the strongest and most certain path forward for our company.
EDITION®, JW Marriott. Marriott’s reputation for superior customer service dates back to J. Willard Marriott’s original goal for his business: “good food and good service at a fair price.” We take pride in the details—every day, in every destination worldwide.Download