Marriott Corporation (A) Introduction. In 1927 J.W. Marriott Sr. founded the Marriott Corporation (MC) and during the 1980s experienced a huge growth. Marriott's main strategy in those days was developing hotel properties around the world and selling these properties to outside investors while retaining lucrative long-term management contracts. MC was a conservative company and it stressed the themes of careful attention on the details, the organization and its employees. Quality was the one of the …
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showed last 75 words of 1742 total
…its current situation. The credit line provided by Marriott International could be a powerful tool in helping HMC get back on its feet. Since MI is now rated Single A (Investment Grade) in the bond ratings from Standard and Poor's, it can easily borrow money at a cheaper rate. Finally, not to forget to mention the stockholders, who will mostly benefit from the new project, especially then when all sides of the corporation are satisfied.