FlyerTalk Forums - View Single Post - Are all Marriott Rewards changes negative?
Old Nov 18, 2008 | 4:25 pm
  #26  
socrates
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Originally Posted by Beach9bum
I find that some of the replies are what is called in the securities business as "talking your book". In other words justifying your current position. The fact that new time-shares or hotels are still being built says NOTHING about Marriott's financial situation today as these projects were started a long time ago when things were very different.

I think that looking at how quickly major US Companies, AIG, Bear Sterns, Lehman Bros. have gotten into severe problems or gone out of business very quickly is more to the point. Marriott would NOT have made the multiple changes (60% point increase, etc) created the customer wrath, made things very hard on their sales employees (Marriott & MVCI) unless things were going DOWNHILL FAST. Just look at the 2 most recent posts prior and several others on how difficult things will be getting for Marriott employees. As we can all remember from high school --once a reputation is lost it is almost impossible to regain it.
The longer Marriott lets the anger build........... unless they don't really care about their reputation. Usually where there is smoke there is fire.
Again...look at the free cash flow if you dont trust the net income on the statements
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