Word: marriott
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While some religious groups have long maintained such communities, several private companies, including Avon and Marriott, are now getting into the field. Already, about 700 retirement communities across the U.S. provide some form of continuing care for about 200,000 residents. The American Association of Homes for the Aging expects the number of these centers to double in the next decade...
...large chains. The biggest provider is Life Care Services of Des Moines, a subsidiary of Weitz Corp., which has managed or developed more than 50 communities nationwide. The Mediplex Group, owned by Avon, has 19 facilities either completed or in the works, largely in California, Arizona and Pennsylvania. Marriott, which is best known for its hotels, has invested $150 million in three projects now under way in Haverford, Pa., Fort Belvoir, Va., and San Ramon, Calif. The company plans to build six more life-care communities by the early 1990s...
What interests Marriott and other companies is the knowledge that the American population is getting older and the elderly are getting wealthier. Since 1970, the number of Americans over 64 has jumped by 9 million, to 29.2 million, and it will rise an additional 6 million by the year 2000. The number of elderly poor has dropped by nearly half since 1970, and almost one-fourth of all elderly households have a median net worth of between $100,000 and $250,000. Their children are not doing nearly so well, and in the two-career marriages of the 1980s, they...
...students, who converged yesterday on the Boston Marriott hotel, hail from 44 high schools around the country and constitutes the largest model congress that a college hosts, said Co-President Andrew F. Schmid...
...refuse them a union election. Harvard has also tried to stymie the dining hall workers' union. Last year officials tried to hire non-union labor at the Faculty Club and forced workers at the Business School's Kresge dining hall into a different bargaining unit after hiring Marriott to run the cafeteria. Harvard's attempt to defeat the patrolmen's union is just the latest in a series of wrongheaded efforts to subvert unions...