Restructuring for Marriott a Platform for Future Growth November 17, 2009
Posted by Bryan Connelly in : ARDA, Marriott Timeshares, New Features, Timeshare Rental, Timeshare Resale, Timeshare Resource , add a commentAs many of our customers own timeshares at a Marriott resort, a reorganization of its corporate offices will position the company for growth and strength in the future. The restructuring is designed to streamline the decision making process among the thousands of properties around the globe.
Marriott President Arne Sorenson was confident the changes will be “entirely invisible to the guest.” The hotelier plans to reorganize the corporate offices into four divisions: the Americas, Europe, the Middle East and Asia. Currently Marriott is split into four divisions: Ritz-Carlton; global timeshare; international lodging group; and U.S. and Canadian operations. But Sorenson said the new presidents for Europe and the Americas had already been appointed.
The overhaul is said to be completed by 2011. There will be four offices located in separate regions of the world. Each will have its own president and any resources necessary to be completely self sufficient, such as independent sales and marketing offices, revenue management and finance.
Sorenson explained that “In order to for decision making to become faster, efficient and more localized, resources will be dispersed among regional presidents.” He went on to confirm that “the number of jobs lost will not be very large.” Only the timeshare business will function outside the new regional structure, Sorenson said.
There are currently plans to add nearly 25 hotels through 2010 with locations throughout the world. By dispersing the executive strain among four pillars the recently launched restructuring will provide Marriott with the ability to manage more effectively and focus on future growth.