Rob Katz – Chief Executive Officer Absolutely seeing continued momentum in the upper end of the economy “I think we are absolutely seeing that continued momentum, particularly in the upper end of the economy, which is where most of our … Continued
Marriott’s (MAR) CEO Arne Sorenson Q2 2016 Results Received regulatory clearance for starwood from everyone except China so far “The big news this year for Marriott is the Starwood Acquisition. As you know we have received all of the necessary … Continued
Arne Sorenson We think we can accelerate unit growth “On Unit Growth Opportunity, we think there are a number of places where we can accelerate growth in the Starwood portfolio, first we should commend the Starwood team for the growth … Continued
Now offering Netflix in room “Speaking of entertainment, as of the second quarter, we were the first hotel company to offer Netflix programming in our guest rooms. Our collaboration with Netflix reflects changing consumer preferences in how guests want to … Continued
Each week I read dozens of transcripts from earnings calls and presentations as part of my investment process. Below are some of the most important quotes about the economy and industry trends from the transcripts that I read this week. … Continued
This post is part of a series of posts called “Company Notes.” These posts contain quotes and exhibits from earnings calls, conference presentations, analyst days and SEC filings. Full transcripts can be found at Seeking Alpha We’ve turned a corner … Continued
This post is part of a series of posts called “Company Notes.” These posts contain quotes and exhibits from earnings calls, conference presentations, analyst days and SEC filings. Full transcripts can be found at Seeking Alpha Cyclicality of business is … Continued
This post is part of a series of posts called “Company Notes.” These posts contain quotes and exhibits from earnings calls, conference presentations, analyst days and SEC filings. Full transcripts can be found at Seeking Alpha Record occupancy in North … Continued
This post is part of a series of posts called “Company Notes.” These posts contain quotes and exhibits from earnings calls, conference presentations, analyst days and SEC filings. Turned a corner “So, first of all, it feels like we’ve turned … Continued
A digest of some of the top insights that I’ve gathered from this week’s earnings calls. Full notes can be found here. Mature markets continue to show steady improvement “This year’s begun pretty much along the same trend line that … Continued