Yesterday Marriott EVP and Chief Financial Officer, Leeny Oberg spoke at the Goldman Sachs Lodging, Gaming, Restaurant, & Leisure Conference (full webcast can be listened to here). Some key notes:
- She expects the programs to be brought together by the end of 2018. I’d personally be surprised if they meet this deadline considering the wording (‘hopeful’, ‘not promising’ it will be completed by then) and tone she used.
- Noted that the company is in active discussions with all parties (e.g Chase & American Express) regarding new co-branded credit card deal and expects a richer credit card deal as a result. Also noted that Chase & American Express are competing to offer more benefits to the consumer.
If anybody has a full transcript that would be very much appreciated.
Hat tip to View From The Wing
