Marriott: Evaluating The Possibility Of Default (from seekingalpha.com)
Apr 10, 2020 | 7:43 pm
#1
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Marriott: Evaluating The Possibility Of Default (from seekingalpha.com)
https://seekingalpha.com/amp/article...ity-of-default
some interesting technical analysis of Marriott's current financial situation.
some interesting technical analysis of Marriott's current financial situation.
Apr 10, 2020 | 10:44 pm
#2
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https://seekingalpha.com/amp/article...ity-of-default
some interesting technical analysis of Marriott's current financial situation.
some interesting technical analysis of Marriott's current financial situation.
Apr 10, 2020 | 11:29 pm
#3
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"The coronavirus or COVID-19 is has become the worst event ever to have impacted Marriott's (MAR) business"
I dunno about that. The loss of a Marriott family member at the helm and appointment of Mr. Sorenson seems to be the worst event in Marriott history I can think of.
As a side note, the article says Marriott spends $1BN on marketing a year. Where? Unless they're talking about all of the dumb things with BoNVOY written on it plastered around the hotels, I've never seen anything about Marriott or Bonfire in the wild. Surely the bloggers aren't eating up $1BN worth of referrals and free stays?
I dunno about that. The loss of a Marriott family member at the helm and appointment of Mr. Sorenson seems to be the worst event in Marriott history I can think of.
As a side note, the article says Marriott spends $1BN on marketing a year. Where? Unless they're talking about all of the dumb things with BoNVOY written on it plastered around the hotels, I've never seen anything about Marriott or Bonfire in the wild. Surely the bloggers aren't eating up $1BN worth of referrals and free stays?
Apr 11, 2020 | 10:35 am
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As a side note, the article says Marriott spends $1BN on marketing a year. Where? Unless they're talking about all of the dumb things with BoNVOY written on it plastered around the hotels, I've never seen anything about Marriott or Bonfire in the wild. Surely the bloggers aren't eating up $1BN worth of referrals and free stays?
Apr 11, 2020 | 10:53 am
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As a side note, the article says Marriott spends $1BN on marketing a year. Where? Unless they're talking about all of the dumb things with BoNVOY written on it plastered around the hotels, I've never seen anything about Marriott or Bonfire in the wild. Surely the bloggers aren't eating up $1BN worth of referrals and free stays?
Apr 11, 2020 | 11:22 am
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Good way to raise money - spin off all legacy Starwood properties, and then it can go create a new loyalty program for its Preferred Guests 
Apr 11, 2020 | 12:34 pm
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Apr 11, 2020 | 2:41 pm
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Apr 11, 2020 | 3:24 pm
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The marketing money will be ring-fenced as it is from property owners, won't it? Marriott will cut it as contributions from hotels are cut but franchise law in the US, as I understand it, doesn't allow it to just pocket the change.
Apr 11, 2020 | 4:04 pm
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It's not like lenders won't waive or amend the covenants anyway given the circumstances. Typical type of seekingalpha fluff from a stock shorter.
Apr 11, 2020 | 7:18 pm
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They should be truly embarrassed then because Marriott's marketing is abysmal. I would argue that it's some of the worst of any hotel chain. Hilton probably does the best with its marketing, even if it not very accurate.