Marriott International(MAR)
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Monomoy, Axonic partner to convert Atlanta hotel to Marriott brand
Yahoo Finance· 2025-10-14 11:07
Core Insights - Monomoy Property Ventures and Axonic Capital have partnered to acquire a 462-key hotel and convention center in Atlanta, Georgia, with plans for a full-scale renovation and rebranding as a Marriott property [1][2] - The acquisition is supported by a $67.5 million loan arranged by University Place Asset Management for the renovation [2] - The renovation will modernize the hotel to meet Marriott's operational standards, including updates to guestrooms, public facilities, and back-of-house systems [2][3] Group 1 - The property will be rebranded as Marriott Atlanta, featuring new meeting spaces, an "M-Club" lounge, and dining options, and will join the Marriott Bonvoy loyalty program [3] - Monomoy's founder emphasized the alignment of this project with the company's strategy of acquiring high-quality real estate in growing markets with repositioning potential [3][4] - The renovation and conversion to Marriott are expected to enhance the property's market fit for travelers in Atlanta, aiming for attractive outcomes for the partnership [4] Group 2 - Schulte Hospitality Group will manage the property post-renovation, with a focus on elevating performance and long-term ROI [5] - Construction is set to begin after the 2026 FIFA World Cup, with an anticipated reopening in late 2027, coinciding with Super Bowl LXII in Atlanta [5]
Marriott International Announces Release Date For Third Quarter 2025 Earnings
Prnewswire· 2025-10-10 12:30
Core Points - Marriott International, Inc. will report its third quarter 2025 earnings results on November 4, 2025, at approximately 7:00 a.m. Eastern Time [1] - A conference call for the investment community will take place on the same day at 8:30 a.m. Eastern Time, featuring discussions by the President and CEO, Anthony Capuano, and CFO, Leeny Oberg [1] - The conference call will be accessible via webcast on Marriott's investor relations website, with a replay available for one year [2] Company Overview - Marriott International, Inc. is based in Bethesda, Maryland, and operates a portfolio of over 9,600 properties across more than 30 brands in 143 countries and territories [3] - The company engages in the operation, franchising, and licensing of various lodging properties, including hotels, residential, and timeshare [3] - Marriott offers the Marriott Bonvoy® travel platform, which is highly awarded [3]
住五星酒店,穿二手拖鞋
36氪· 2025-10-08 04:07
Core Viewpoint - The article discusses the discrepancy between consumer expectations and hotel practices regarding the use of disposable slippers, revealing that many hotels recycle slippers instead of providing new ones, leading to concerns about hygiene and transparency [34][40][51]. Group 1: Consumer Expectations vs. Hotel Practices - Consumers generally believe that slippers provided in hotels are single-use items, while many hotels consider them reusable and recycle them after cleaning [34][36]. - High-end hotels are more likely to recycle slippers due to their higher procurement costs, which can range from 3 to 6 yuan per pair, allowing them to be used two to three times [36][47]. - The lack of clear communication from hotels regarding the status of slippers has led to consumer distrust, especially when hygiene issues arise, such as hair being found on slippers [40][51]. Group 2: Industry Standards and Regulations - Current regulations do not explicitly require hotels to provide single-use slippers, leading to a gray area in hotel practices [40]. - Local health authorities have begun investigating the practices of hotels like Marriott, which have been accused of not clearly labeling or informing guests about the reuse of slippers [40][51]. - The article highlights that while some hotels, like MUJI, clearly state their slippers are not single-use, others may not disclose this information, leading to consumer confusion [38][40]. Group 3: Economic Considerations - The cost-saving measures associated with recycling slippers can lead to significant savings for hotels, potentially amounting to tens of thousands of yuan annually [47]. - The economic pressures faced by hotels, such as declining revenue and increased competition, have prompted them to cut costs in areas like guest amenities [49]. - The article suggests that the trend of reducing single-use items is part of a broader movement towards sustainability, but it raises questions about the quality of service provided in luxury hotels [41][49].
消费者苦酒店拖鞋久矣
虎嗅APP· 2025-10-06 03:07
Core Viewpoint - The article discusses the controversy surrounding the use of recycled hotel slippers in high-end hotels, highlighting the disconnect between consumer expectations of cleanliness and the industry's practices of reusing slippers, which has raised hygiene concerns [5][22][24]. Summary by Sections Hotel Slipper Controversy - A Marriott hotel in Changzhou, Jiangsu, was criticized for providing slippers that were worn and had hair on them, raising hygiene concerns among guests [5][22]. - The hotel claimed that the slippers were not labeled as "disposable" and that their practice of cleaning and reusing slippers was standard in the industry, especially among high-end hotels [5][22][28]. Consumer Expectations vs. Industry Practices - Consumers expect clean and comfortable slippers when paying high prices for hotel stays, but many are disappointed to find that slippers are often reused [6][22]. - The article notes that the perception of "disposable" slippers differs between consumers and hotels, with many hotels considering them reusable [26][28]. Hygiene Standards and Regulations - Current regulations do not explicitly require hotels to provide disposable slippers, leading to confusion and varying practices across different establishments [31][32]. - The article mentions that local health authorities are investigating the situation to ensure compliance with hygiene standards [32]. Economic Factors - The cost-saving measures of reusing slippers are highlighted, with high-end hotels potentially saving significant amounts by recycling slippers instead of providing new ones [36]. - The article points out that the economic pressures faced by hotels, including declining revenues and rising operational costs, may drive them to adopt such practices [36]. Consumer Reactions - Many consumers are now taking precautions by bringing their own slippers or using disposable options to avoid hygiene issues [21][37]. - The article concludes that the recent revelations have led to increased skepticism about the cleanliness of hotel amenities, not just slippers but also other items like towels and bedding [36][37].
消费者苦酒店拖鞋久矣
Hu Xiu· 2025-10-05 07:30
Core Points - The article discusses the controversy surrounding the use of recycled hotel slippers in high-end hotels, particularly focusing on a recent incident at a Marriott hotel in Changzhou, Jiangsu, where guests found the slippers to be unsanitary and reused [2][23][24]. Group 1: Hotel Practices - The hotel management stated that the slippers are not labeled as "disposable" and that their recycling and cleaning is a standard practice in the industry, especially among high-end hotels [3][24]. - Many hotel staff confirmed that the reuse of slippers has become an internal "unwritten rule," with higher-end hotels opting for cleaning and reusing them [3][32]. - The slippers in question were reported to have pilling and hair from previous guests, raising concerns about hygiene [2][23]. Group 2: Consumer Reactions - Consumers expressed frustration over paying high prices for hotel stays only to receive unsatisfactory and potentially unhygienic slippers [4][36]. - There is a significant disconnect between consumer expectations of cleanliness and the hotel industry's practices regarding slipper reuse [28][34]. - The incident has led to increased skepticism about the hygiene standards of hotels, with consumers questioning the cleanliness of other items like towels and bedding [41][42]. Group 3: Industry Standards and Regulations - The article highlights that current national standards do not explicitly require slippers to be disposable, leading to ambiguity in hotel practices [34][35]. - Local health authorities have begun investigating the situation, emphasizing that if slippers are not marked as disposable, they must adhere to strict cleaning and disinfection protocols [35]. - The article notes that the cost-saving measures associated with reusing slippers can lead to significant savings for hotels, particularly in high-occupancy environments [40].
Marriott Bonvoy launches hub for outdoor-focused hotels in race to court adventure travelers
Fastcompany· 2025-09-30 19:21
Core Viewpoint - Adventure travel has evolved from a niche activity for hardcore enthusiasts to a broader market appealing to a wider audience [1] Group 1 - Adventure travel was traditionally characterized by physically demanding activities such as mountain climbing and wilderness survival [1] - The perception of adventure travel is shifting, indicating a growing interest among a more diverse group of travelers [1]
Fireworks, Drone Shows and Seasonal Celebrations Coming to World's Largest Marriott Brand Hotel
Businesswire· 2025-09-29 17:00
Core Points - Orlando World Center Marriott is set to feature a variety of holiday entertainment in 2025, including fireworks, drone shows, and festive activations [1] Company Highlights - The holiday entertainment will include innovative elements such as drone shows, which are becoming increasingly popular in the entertainment industry [1] - The inclusion of traditional fireworks alongside modern displays indicates a blend of classic and contemporary entertainment offerings [1]
ON SALE: TICKETS FOR THE HIGHLY ANTICIPATED 17th ANNUAL RITZ-CARLTON CAYMAN COOKOUT AVAILABLE OCTOBER 1
Prnewswire· 2025-09-29 12:45
Core Insights - The Ritz-Carlton, Grand Cayman is hosting the 17th annual Cayman Cookout from January 14-19, 2026, coinciding with the resort's 20th anniversary [1][4] - Tickets for the event will go on sale on October 1, 2025, featuring over 60 cooking demonstrations and tastings led by renowned chefs [2][7] Event Highlights - The event will include a variety of culinary experiences, such as a health-focused panel, themed cooking demonstrations, and signature events like An Epicurean Eve and Barefoot BBQ [4][5] - Notable chefs participating include Eric Ripert, José Andrés, Andrew Zimmern, Stephanie Izard, and Carla Hall, among others [2][5] Special Offers - An overnight package for the Cayman Cookout starts at $2,600 USD per night for two guests, including luxury accommodations and exclusive event access [3] - The package requires a five-night minimum stay during the event dates [3] Culinary Experiences - The Cayman Cookout will feature unique events such as a private jet experience to GoldenEye resort, a live podcast recording by José Andrés, and various cooking demonstrations focusing on different culinary traditions [6][8] - The Grand Finale Dinner will celebrate the resort's legacy with a multi-course meal prepared by world-renowned chefs [8] Resort Information - The Ritz-Carlton, Grand Cayman is the Caribbean's first and only Forbes Triple Five-Star hotel, offering luxury accommodations and diverse dining options [7][9] - The resort spans 144 acres and includes amenities such as a golf course, spa, and family programming [9]
看完美国的万豪后,我原谅了中国的二次拖鞋
Sou Hu Cai Jing· 2025-09-25 10:14
Core Viewpoint - The article discusses the declining quality and service standards of Marriott hotels in China compared to their counterparts in the United States, highlighting various customer complaints and experiences that reflect a trend of deterioration in service quality and operational practices [2][5][19]. Group 1: Customer Experiences - Guests at a Marriott hotel in Changzhou, China, discovered used slippers with hair, leading to dissatisfaction among consumers who felt their hygiene was compromised [2][5]. - In the U.S., guests have reported issues such as finding metal wires in towels and being asked to change their own bed linens, which contrasts sharply with the expectations of a five-star hotel [6][8]. - Complaints also include unexpected charges after checkout, with some guests experiencing unauthorized deductions from their credit cards, raising concerns about financial practices [4][13][15]. Group 2: Comparative Analysis - While Marriott hotels in China offer better facilities and services, their financial performance is lagging, with the Greater China region showing a decline in key metrics such as average room revenue and occupancy rates [16][19]. - The global average occupancy rate for Marriott was 72.2%, while the Greater China region was only 66.9%, indicating a struggle to attract guests compared to other markets [16]. - The article suggests that the competitive landscape in the U.S. is less intense than in China, which may contribute to the observed decline in service quality in Chinese Marriott hotels [19]. Group 3: Industry Trends - The article notes a trend of cost-cutting measures in Chinese Marriott hotels, such as switching from small to large bottles for toiletries and reducing the quality of welcome amenities, which may reflect a broader industry trend towards lower standards [16][19]. - The presence of street vendors selling food outside hotels indicates a shift in the hospitality environment, potentially impacting the perceived value of staying at a Marriott [19].
一双拖鞋扯下了豪华酒店的遮羞布
3 6 Ke· 2025-09-24 11:21
Core Insights - The incident involving the reuse of disposable slippers at the Changzhou Marriott Hotel highlights a deviation from the luxury service standards expected by customers in high-end hotels [1] - The hotel claims that the slippers are not single-use and are cleaned and disinfected after each guest, but this practice raises concerns about customer perception and industry standards [1] - The broader context includes a decline in performance for Marriott in the Greater China region, which is struggling with increased market supply and pressure on profitability [2][9] Financial Performance - In Q2 2025, Marriott International reported total revenue of approximately $6.744 billion, a year-on-year increase of 4.73%, while net profit was about $763 million, a decrease of 1.17% [2] - The RevPAR (Revenue per Available Room) for the Greater China region saw a decline of 0.5%, contrasting with growth in other regions such as the Middle East and Africa, which experienced a 14% increase [3][5] Regional Performance - The Greater China region's RevPAR was $80.06, significantly lower than other regions, with Europe at $266.53 and the Middle East and Africa at $135.25 [5] - The average daily rate (ADR) in Greater China was $110.29, a decrease of 0.9%, while global ADR was $188.25, an increase of 1.9% [8] - Occupancy rates in Greater China were at 66.9%, slightly up by 0.3 percentage points, but still lower than other regions [8] Market Dynamics - The hotel industry in China is facing challenges due to rapid market supply growth, with the number of hotels increasing significantly since 2020 [11] - The overall RevPAR for the Chinese hotel industry dropped by 5% in the first half of 2025, with high-end hotels experiencing declines of 6% to 8% [11] - The shift in focus from luxury service to profitability is evident, as hotel brands like Marriott are pressured to adapt to changing market conditions and owner expectations [14][15]