Word: marriott
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...received an invitation to an 18th-birthday party. The birthday boy was quick, graceful--and 7 ft. 3 in. tall. Ronzone accepted. "The parents were there, maybe a few Chinese officials," Ronzone recalls. "We're all stuffed into this apartment the size of a room at the Courtyard Marriott--couldn't have been more than 400 square feet. There are cold foods and Shanghai duck, a very nice party. But I'm sitting there, and I can't stop myself from looking at this kid and thinking, 'He could be making millions of dollars a year...
LINDA BARTLETT Marriott's Merger Maven She led Marriott International's streamlining effort and produced impressive results. By using the Web to expedite tasks like expense reporting and by securing better prices from vendors, she helped Marriott save some $40 million a year. The company just promoted Bartlett, 44, to a bigger job, where her eye for bargains should come in handy: head of mergers and acquisitions...
...convert hotel points to airline miles. An average three-night stay at a full-service Hilton or Marriott will run you about $450. If you paid for it with hotel points, you would use 75,000, which you could also exchange for 15,000 miles. Using the 2¢-a-mile accepted value, those 15,000 miles are worth just...
...does well, it's another good hotel," he says. "If it does poorly, it's the end of the story. If it does particularly well, then it can change both our industries." When Bulgari announced two years ago that it was forming a joint venture with Marriott to create a chain of hotels, financial analysts were unimpressed; Bulgari stock promptly dropped 5%. Although the $140 million joint investment required from the partners was relatively small, analysts felt the project would dilute the brand and distract the attention of management. But Trapani was confident that the people who buy Bulgari...
...chains, still trying to recover from the travel slowdown that followed Sept. 11, are experimenting with leitmotivs too. A newly opened Marriott venture in Walnut Creek, California, is a fitness freak's paradise. Renaissance ClubSport Hotel and Fitness Resort's 2.5-hectare campus offers basketball, volleyball, racquetball and squash courts, outdoor boccie courts, three swimming pools and kickboxing classes. All the guest rooms are outfitted with sets of 1-kg dumbbells, and power shakes are on the menu. And the Wild Horse itself is the product of a collaboration between the Sheraton and the Maricopas and Pimas. The $125 million...