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Marriott Furloughs Thousands as Managed Properties Shut Down
Bethesda, MD-based Marriott International Inc., the world’s largest hotel company with nearly 1.4 million keys, has begun to furlough what it expects to be tens of thousands of employees as it ramps up hotel closings across the globe, the Wall Street Journal reported.
The WSJ reported that Marriott began shutting down some of its managed properties last week. The employees at these properties won’t be paid while on furlough, but the bulk will continue to receive healthcare benefits that are ultimately paid by the hotel owner rather than Marriott, a spokeswoman told the WSJ. Marriott is also trimming staff through furloughs at properties that are still operating.
The staff reductions include everyone from general managers to housekeepers. The Marriott spokeswoman said there have been no layoffs or furloughs at the corporate level; however, Marriott said there would be cuts in executive salaries.
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