Chinese tug-of-war
Why does the government still refuse to clear the Marriott/Starwood merger?
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Marriott CEO facing many challenges
Bethesda. Last week, following the publications of its Q2 results, Marriott held a conference call with bank analysts and media. Arne Sorenson, President and CEO reassessed the situation regarding the Starwood acquisition. Frustrated not to have completed the transaction yet, the executive hinted at future plans for Starwood assets and commented on the Q2 results, which are encouraging but lower than hoped.