Title: Marriot Strategies
Essay Details
| Subject: | Business |
| Author: | Brett B |
| Date: | May 9, 2015 |
| Level: | University |
| Grade: | A |
| Length: | 3 / 900 |
| No of views: | 0 |
| Essay rating: | good 0, average 0, bad 0 (total score: 0) |
Essay text:
Marriott can capitalize on synergies associated with managing New World, the owner of which has agreed to further expansion, in order to gain more market share in an area with high growth potential.
A potential implementation problem with this strategy lies in the threat of sour relations between owners of the hotels and the Marriott (the operator)...
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The owners of the hotels must worry about financing in terms of generating enough net operating cash flows to provide debt service and acceptable equity returns while Marriott is more focused on earning management fees. This could be a potential conflict of interest, but Marriott has enough experience internationally and with management that this issue should not pose too many problems...
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Total price: $10.00 |
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