Marriott Ceo Arne Sorenson Dies At Age 62

Posted: Feb 16, 2021



Marriott International Inc. Chief Executive Officer Arne Sorenson, who ran the world’s largest hotel company and talked often about the need for business executives to speak out on important social issues, died Monday.

He was 62 and had continued to serve as CEO after being diagnosed with stage-2 pancreatic cancer in May 2019, steering the company through a pandemic that suddenly emptied most of Marriott’s rooms last March.

Mr. Sorenson was the first person outside the company’s founding family to head the hotel operator and spent much of his eight years as CEO reshaping a highly successful business to meet his vision for the industry’s future. He expanded upon the tried and true Marriott formula that catered to American corporate travelers, creating new business lines and brands to appeal to younger guests and ramping up overseas operations.

That strategy culminated in his relentless pursuit of Starwood Hotels & Resorts Worldwide Inc. In 2016, Marriott beat out Hyatt Hotels Corp. and a dramatic last-minute bid from a Chinese insurance company to acquire rival Starwood. The $13 billion deal created a colossus with 30 brands, including Ritz-Carlton, Courtyard, W Hotels, Westin and Sheraton. It now has more than 1.4 million rooms globally.

By Craig Karmin and James R. Hagerty
02-16-2021
Source and complete article by: wsj.com



Go-Wine Sharing and Promotion

Go-Wine's mission is to organize food and beverage information and make it universally accessible and beneficial. These are the benefits of sharing your article in Go-Wine.com

  • It Generates Free Traffic to your site.
  • Your Article Will Get Indexed Faster.
  • Your Google Rankings Will Rise. Google Rise Articles with Positive Participation & Contribution.
  • Your Article Will Reach New Customers and Audience. Go-Wine has a selected audience and visitors from over 120 countries.
  • You always receive credit - you will be cited accurately (Author, Website & Hyperlink).
  • The integrity of the Information is not compromised - you always will be linked to the most up to date version of your article.

Contact Us for more information.

© 2024 Go-Wine©. All Rights Reserved.
Designed by CX Web Design. Vision of Wine Business Academy