Marriott International, Inc. http://www.alacrastore.com/company-snapshot/Marriott_International_Inc-1065110 25 Nov 2009 02:44:40 EST 1065110 Marriott International, Inc. en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/newstex/BW-0001-39756156BW-0001-39756156newstex/BW-0001-39756156xmlNewstex Inc.2005TXU Energy and MarriottNewstex Inc.newstex.comnewstexBW-0001-39756156Business Wire0001Business WireBW1Newstex Inc.Business Wire06000000060040000600100006001002040000000400500004005006040140000401400216 Nov 2009 11:22:12 EST180000001802200011/16/2009 Nov. ##, #### (Business Wire) -- More than ## Marriott hotels throughout Texas are doing their part to help the Texas environment. TXU Energy recently conducted energy audits at several large Marriott properties in the state. The recommendations,...MARRIOTT INTERNATIONAL INCMARNewsNewstexhttp://www.alacrastore.com/storecontent/ccbn/T2512843T2512843ccbn/T2512843norm27 Oct 2009 06:09:00 EST2512843Final Transcript of MAR presentation, 27-Oct-09 10:15am ETMarriott International54.0000FinalMarriott International at Wells Fargo Consumer Conference TranscriptMAR10:15am ETTranscript...Unidentified Participant (Audio in progress) Laura Paugh, the Senior Vice President of Investor Relations, is going to be giving us an overview of Marriott International, and we will open up to Q&A from the field. With that, I will turn this over to you, Laura. Thanks. Laura Paugh - Marriott International - SVP IR Thanks very much. Can I ask, by a show of hands, how many people here know something about Marriott? All right, thank you. I hope most of you are guests. So I will try and -- given that I presume that you are not complete Marriott novices, I will move quickly through the slides and try and save some time for Q&A, which is typically of greater interest to people. The presentation today is being webcast and our slides are available on Marriott.com/investor. I passed them out earlier but in case you didn't get one, they are easy to download. This presentation contains forward-looking statements within the meaning of federal Securities laws. They are not guarantees of future performance... Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/research/creditsights-Credits_We_Like_In_The_New_Normal-8978589785cs/89785normArticleTemplateWe detail credits that we believe are well suited to an environment of slow economic growth, entrenched high levels of unemployment, constrained lending and continued conservatism from consumers in the world's developed economies.creditsights_staffberry_plasticscumminsdeutsche_telekomfedexholcimintelsatitc_holdingskelloggkrogermarriott_internationalmartin_mariettario_tintostandard_charteredstarwood_hotelsberry_plasticscumminsdeutsche_telekomfedexholcimintelsatitc_holdingskelloggkrogermarriott_internationalmartin_mariettario_tintostandard_charteredstarwood_hotels8978513 Oct 2009 11:10:13 ESTYes89785150CreditSights Inceuropeunited_stateseuropeunited_statesutilitiesutilitiesPublishedstrategystrategyStrategyCommentStrategy Article4236 Credits We Like In The New Normal We detail a number of credits that we believe are well suited to an environment of slow economic growth, entrenched high levels of unemployment, constrained lending and continued conservatism from consumers...Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/research/creditsights-Marriott_International_3Q09_Tearsheet-8972089720cs/89720normTearsheetTemplatecsnowfleemarriott_internationalmarriott_international8972012 Oct 2009 06:09:30 ESTYes89720150CreditSights Incunited_statesunited_statesconsumergaming_leisurelodgingconsumergaming_leisurelodgingPublishedTearsheetTearsheet911 Marriott International #Q## Tearsheet The lodging environment is weak with ADR's cut to stem the slide in demand and occupancy. MAR is well-positioned with diversification across chain scales and geography, but it will nonetheless see...Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/research/creditsights-Marriott_3Q09_Waiting_for_a_Recovery-8968789687cs/89687normArticleTemplateRelative trends were better on a sequential basis, but absolute trends remain quite dismal. Marriott is hoping to leverage cost cuts when a recovery finally emerges, but management is still uncertain of when that will be.csnowfleemarriott_internationalmarriott_international8968709 Oct 2009 10:09:34 ESTYes89687150CreditSights Incunited_statesunited_statesconsumergaming_leisurelodgingconsumergaming_leisurelodgingPublishedearningsearningsEarningsNoteEarnings Note1342 Marriott #Q##: Waiting for a Recovery Marriott International reported #Q## net revenues of $### million, down ##% y-o-y, and adjusted EBITDA of $### million, down ##%.  Management has yet to see evidence of a recovery, but the initial...Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/ccbn/B2437251B2437251ccbn/B2437251norm08 Oct 2009 04:05:00 EST2437251Edited Brief of MAR earnings conference call or presentation, 8-Oct-09 10:00am ETMarriott International54.0000EditedMarriott International Q3 2009 Earnings Conference Call SummaryMAR10:00am ETBrief...Arne Sorenson Marriott International - President, COO Carl Berquist Marriott International - CFO, PAO, and EVP CONFERENCE CALL PARTICIPANTS... Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/T2437251T2437251ccbn/T2437251norm08 Oct 2009 12:05:00 EST2437251Final Transcript of MAR earnings conference call or presentation, 8-Oct-09 10:00am ETMarriott International54.0000FinalMarriott International Q3 2009 Earnings Conference Call TranscriptMAR10:00am ETTranscript...Arne Sorenson Marriott International - President, COO Carl Berquist Marriott International - CFO, PAO, and EVP C O N F E R E N C E C A L L P A R T I C I P A N T S... Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/fitch/469146_report_frame469146_report_framefitch/469146_report_framepdfAlcoa Inc.Arrow Electronics, Inc.Bally Technologies IncBoston Scientific CorporationCon-Way IncConvergys CorporationFidelity National Information Services IncFortune Brands, Inc.Ingram Micro, Inc.Jabil Circuit, Inc.Kennametal Inc.Macy's, Inc.Marriott International, Inc.Motorola, Inc.Plum Creek Timber CompanyThe Interpublic Group of Cos., Inc.Union Carbide CorporationUnited States Steel Corporation (U.S. Steel)Whirlpool Corporation800892398008933980090105800905598009057080091118800914998009154880091591800918048036170980417179806806238075406981085454814152548142405481785669818515878276472029 Sep 2009 06:32:00 EST01030200010303000103050001030700010308000103110001031200010315000103170001032100275Special ReportAAARWBSXBYICNWCVGFISFOIMIPGJBLKMTMMARMOTPCLWHRXFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.Credit & Investment ResearchFitch Researchhttp://www.alacrastore.com/storecontent/fitch/512476_pr_frame512476_pr_framefitch/512476_pr_framehtmlAlcoa Inc.Arrow Electronics, Inc.Avnet, Inc.Bally Technologies IncBoston Scientific CorporationCon-Way IncConvergys CorporationDow Capital B.V.Fidelity National Information Services IncFortune Brands, Inc.Ingram Micro, Inc.Jabil Circuit, Inc.Kennametal Inc.Macy's, Inc.Marriott International, Inc.Maytag CorporationMotorola, Inc.Plum Creek Timber CompanyRohm & Haas CompanyThe Dow Chemical CompanyThe Interpublic Group of Cos., Inc.Union Carbide CorporationUnited States Steel Corporation (U.S. Steel)Whirlpool CorporationWhirlpool Finance B.V.8008923980089339800901058009055980090570800910538009111880091499800915488009159180091804803616528036170980361979806806238069617980754069809190358108545481415254814240548178566981851587820448448276472029 Sep 2009 02:18:00 EST0103020001030300010305000103070001030800010311000103120001031500010317000103210085Press ReleaseAAARWAVTBSXBYICNWCVGDOWFISFOIMIPGJBLKMTMMARMOTPCLWHRXFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.Credit & Investment ResearchFitch Researchhttp://www.alacrastore.com/research/creditsights-Marriott_Vacates_High_End_Timeshares-8916089160cs/89160normWWTemplatecsnowmarriott_internationalmarriott_international8916025 Sep 2009 08:09:00 ESTYes89160150CreditSights Incunited_statesunited_statesconsumergaming_leisurelodgingconsumergaming_leisurelodgingPublishedearningsearningsWorthWatchingWorth Watching311 Marriott: Vacates High-End Timeshares Marriott (Baa#/BBB-) announced that it will take a $### million charge related to its timeshare segment for #Q##.  All but $## million of the charge will be non-cash, and the cash portion will be...Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/moodys/PR_187326_600041564PR_187326_600041564moodys/PR_187326_600041564html24 Sep 2009 05:03:56 ESThtmlMarriott International, Inc.Marriott International, Inc.600041564150.000023 Sep 2009NewsAnnouncementCGlobal Credit Research Announcement ## SEP #### Announcement: Marriott International, Inc. Moody's says Marriott's rating unchanged after announcement of timeshare segment charges. Approximately $#.# billion of debt affected New York,...Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/CMT_0000508083CMT_0000508083moodys/CMT_0000508083html24 Sep 2009 05:03:53 ESThtmlMarriott International, Inc.Marriott International, Inc.600041564150.000023 Sep 2009NewsIssuer CommentCGlobal Credit Research Issuer Comment ## SEP #### Issuer Comment: Marriott International, Inc. Marriott's rating unchanged after announcement of timeshare segment charges. Approximately $#.# billion of rated debt affected. Moody's...Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/research/creditsights-Marriott_International_2Q09_Tearsheet-8849288492cs/88492normTearsheetTemplatecsnowfleemarriott_internationalmarriott_international8849202 Sep 2009 07:08:00 ESTYes88492150CreditSights Incunited_statesunited_statesconsumergaming_leisurelodgingconsumergaming_leisurelodgingPublishedTearsheetTearsheet900 Marriott International #Q## Tearsheet The lodging environment is weak with ADR's cut to stem the slide in demand and occupancy. MAR is well-positioned with diversification across chain scales and geography, but it will nonetheless see...Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/research/creditsights-Marriott_International_1Q09_Tearsheet-8316383163cs/83163normTearsheetTemplatecsnowfleemarriott_international8316301 Sep 2009 11:10:03 ESTYes83163150CreditSights Incunited_statesconsumerlodginggaming_leisurePublished Marriott International #Q## Tearsheet The lodging environment is weak with ADR's lower to stem the slide in demand and occupancy. MAR is well-positioned with diversification across chain scales and geography, but it will nonetheless...TearsheetTearsheet936Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/research/creditsights-Summer_Lodging_Update_Occupied_With_Occupancy-8789887898cs/87898normArticleTemplateWe review the key trends in the lodging sector, and focus on the drivers of hotel demand, how that impacted the recovery in 2003, and how long it might take for demand to recovery in the current recession.csnowfleemarriott_internationalwyndham_worldwidefelcor_lodgingstarwood_hotelshost_hotels_resorts8789818 Aug 2009 07:08:00 ESTYes87898150CreditSights Inclodginggaming_leisureconsumerPublishedhigh_yield Summer Lodging Update: Occupied With Occupancy The consensus view is that we are now in the trough of the recession for the hotel industry, but there is no clarity and little confidence on when a recovery will happen.   While the higher...CompanyCommentCompany Article2798Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/research/s-and-p-credit-research-Summary_Marriott_International_Inc-736716736716spcred/736716normglobalstructured29 Jul 2009 06:23:00 EST175SummaryThe latest Summary from S&PUnited StatesHotels, Resorts & Cruise LinesAsiaEmerging MarketsEurope, Middle East, AfricaLatin AmericaUnited StatesGlobal IssuersStructured FinanceSummaryUSA57163V57190057190325301020 253010 2530 25Marriott International Inc.126538ASIAEMERGINGEUROMIDAFRLATAMERICAUSAMARSUMMARYCDOCORPGLOBISSHotelSTRUCCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/research/creditsights-Marriott_2Q09_Demand_Is_Transient-8648086480cs/86480normArticleTemplateMAR threw some herbicide on the notion of "green shoots" and remained cautious on the industry’s outlook. The company remains focused on improving an already strong balance sheet.csnowfleemarriott_international8648017 Jul 2009 08:08:48 ESTYes86480150CreditSights Incunited_stateslodginggaming_leisureconsumerPublishedearnings Marriott #Q##: Demand Is Transient The key challenge facing the lodging industry is reengaging with corporate customers who have not re-emerged since last September, even as economics have displaced the "AIG Effect" as the primary constraint...EarningsNoteEarnings Note1283Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/ccbn/B2271765B2271765ccbn/B2271765norm16 Jul 2009 12:06:00 EST2271765Edited Brief of MAR earnings conference call or presentation, 16-Jul-09 10:00am ETMarriott International54.0000EditedMarriott International Q2 2009 Earnings Conference Call SummaryMAR10:00am ETBrief...Arne Sorenson Marriott International, Inc. - President, COO Carl Berquist Marriott International, Inc. - EVP, CFO Laura Paugh Marriott International, Inc. - SVP, IR CONFERENCE CALL PARTICIPANTS... Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/T2271765T2271765ccbn/T2271765norm16 Jul 2009 12:06:00 EST2271765Final Transcript of MAR earnings conference call or presentation, 16-Jul-09 10:00am ETMarriott International54.0000FinalMarriott International Q2 2009 Earnings Conference Call TranscriptMAR10:00am ETTranscript...Arne Sorenson Marriott International, Inc. - President, COO Carl Berquist Marriott International, Inc. - EVP, CFO Laura Paugh Marriott International, Inc. - SVP, IR C O N F E R E N C E C A L L P A R T I C I P A N T S... Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/moodys/COP_600041564COP_600041564moodys/COP_600041564html13 Jun 2009 08:26:26 ESThtmlMarriott International, Inc.Marriott International, Inc.600041564150.000012 Jun 2009NewsCredit OpinionCGlobal Credit Research Credit Opinion ## JUN #### Credit Opinion: Marriott International, Inc. Marriott International, Inc. Bethesda, Maryland, United States Ratings Category Moody's Rating Outlook Stable Senior Unsecured Baa# Preferred...Credit & Investment ResearchMoody's Global Credit Research