SteveH
Where's my Mai Tai?
- Joined
- Sep 8, 1999
Marriott Posts 23% Drop in Net Income in 3rd Quarter - This isn't totally about S/D but is about Marriott and could have long term implications.
A lot of the discussion that I've read about this concerns the massive devaluation of points under Marriott/Bonvoy and how many long term loyalty members have bailed on Marriott. That aspect does impact S/D as I think a lot of us have seen the devaluation of points since the merger. It will be curious to see how Marriott responds, I don't expect a knee jerk reaction in the next quarter but I do hope they begin to reverse course. I do think on the more immediate front this might mean some cut backs though.
A lot of the discussion that I've read about this concerns the massive devaluation of points under Marriott/Bonvoy and how many long term loyalty members have bailed on Marriott. That aspect does impact S/D as I think a lot of us have seen the devaluation of points since the merger. It will be curious to see how Marriott responds, I don't expect a knee jerk reaction in the next quarter but I do hope they begin to reverse course. I do think on the more immediate front this might mean some cut backs though.