Arne Sorenson
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Marriott Projects Corporate Rate Growth, Sees Group Rebound
… healthy rate growth" in corporate transient accounts when negotiations begin later this summer, said president and COO Arne Sorenson today. "We'll have to see the way the economy develops," Sorenson said in the company's second-quarter earnings …
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BTN's 2011 Corporate Travel Index
… 5 percent in the luxury tier. During Marriott International's fourth-quarter earnings call, president and COO Arne Sorenson said smaller markets are beginning to see the rate growth that already began in gateway cities. "We've got occupancy …
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BTN's 2011 U.S. Hotel Chain Survey
… growth in the tier is slow, and, at the Americas Lodging Investment Summit in January, Marriott president and COO Arne Sorenson projected "continuous strength in pricing" during the next several years. JW Marriott ranks at the upper end in …
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The 25 Most Influential Executives Of The Business Travel Industry Of 2010
… Sharp Steve Singh Jeff Smisek Arne Sorenson Michael Tangney Johnny Thorsen ..... the next guy." — David Jonas Arne Sorenson President/COO Marriott International ..... leadership of president and COO Arne Sorenson , the company in 2010 adjusted …
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Hotel Rate Talks To Toughen
… buyers should prepare for requests for increases at the negotiating table. Marriott International president and COO Arne Sorenson said in a conference call to investors that his company is preparing corporate buyers for rate increases when it begins negotiations …
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Marriott Taps Ritz Head Cooper To Lead Asia/Pacific
… open 42 hotels in that region over the next three years. Cooper and Fuller will report to Marriott president and COO Arne Sorenson . "Simon brings strong business savvy and deep knowledge of the emerging markets in Asia/ Pacific given the significant …
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Extended Stay Hotels See Occupancy Gains, With Rate Rises To Follow
… now growing from 10 to 15 percent per month year over year," Duncan said. Marriott International president and COO Arne Sorenson said his company's extended stay brands, Residence Inn and TownePlace Suites, were keeping pace with the companies …
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Hotel Execs Float 'High Single Digit' Rate Increases
With the start of 2011 hotel negotiations just weeks away for many corporate travel buyers, Marriott and Starwood executives separately this month suggested corporate rates could increase by "high single digit" percentages."While raising rate is not something that delights customers, this is a
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Gulf Oil Spill Threatening Broader Impact
… subsided, some hotel chief executives said imagery is having the biggest impact on bookings. Marriott president and COO Arne Sorenson said the photos of oil-covered storks in late May "brought the tragedy home in a way that it hadn't been before …
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2010 Business Travel Survey: Buyers Drove Rate Cuts In Worst Year Ever For Hotels
… occupancy have not translated into upticks in rates, though they have largely stabilized. Marriott president and COO Arne Sorenson said he expected they would, however, "very, very soon." "If you look at the cycles in history, the years after …
