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News Breaks
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November 19, 2009
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| 07:25 EDT |  | MAR |
| theflyonthewall.com: | Marriott shuffles divisions, Ritz no longer a stand-alone, Washington Post says | | As part of the Marriott International (MAR) reorganization, the luxury Ritz-Carlton hotel chain will cease to be a stand-alone division, the Washington Post reports. Company executives have said over the past few weeks that it was reorganizing into four units divided along geographic lines: the Americas, Europe, the Middle East and Asia, each with its own president and resources. Marriott's current divisions are U.S. and Canadian operations, global timeshare, international and Ritz-Carlton. Global timeshare will continue to be outside the four regional units. In a recent interview with Travel Weekly, Marriott President Arne Sorenson said the move was designed to decentralize the corporate structure and allow the regional presidents to "have the resources necessary to make decisions and so those decisions can be faster, more efficient, more local." "The number of jobs lost will not be very large," Sorenson told Travel Weekly. Reference Link :theflyonthewall.com |
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January 27, 2012
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| 08:34 EDT |  | MAR |
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January 24, 2012
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| 06:59 EDT |  | MAR |
| theflyonthewall.com: | Travel, tourism companies hiring again, NY Times reports | | Hiring in the travel and tourism sector - including airlines, hotels, rental car, and entertainment companies - is slowly rebounding, according to The New York Times. Reference Link :theflyonthewall.com |
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January 23, 2012
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| 05:53 EDT |  | MAR |
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