Poised to Come Out of the Recession on Top
For Marriott, the fourth quarter looked better than we expected outside North America, while things in the U.S. and Canada were also a little better. Leisure travelers are responding to the terrific values we’re offering. We’ve also seen business travel and large meetings start to pick up, which is big for our industry.
And nearly all of our brands are being refreshed in one way or another. Our Marriott Hotels and Resorts is implementing its Great Room lobby concept, Courtyard is continuing to roll out its new lobby, as well as a prototype for a green hotel, and Fairfield Inn & Suites is expanding into Mexico with 36 hotels over 10 years.
With all that we’re doing, even in tough economic times, we are positioning ourselves to come out on top when the economy rebounds. Of course it will take some time to get back to where we were before the start of the worst downturn I’ve ever seen. But it’s reassuring to see that we’re moving in the right direction.
As always, our company’s success relies on our loyal customers. I want to thank everyone who has spent a night or hosted a meeting or event or even eaten a meal in our restaurants in our hotels this past year.
We wouldn’t be so poised to come out of the recession on top if it weren’t for all of you.
Thank you for your continued support. We look forward to providing you with memorable experiences and the service you expect and deserve in the years to come.
I’m Bill Marriott and thanks for helping me keep Marriott on the move.



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