Marriott International And The J. Willard & Alice S. Marriott Foundation Donate $500,000 For Hurricane Sandy Disaster Relief
BETHESDA, Md., Nov. 8, 2012 /PRNewswire/ -- In the wake of Hurricane Sandy, Marriott International, Inc. (NYSE: MAR) and The J. Willard & Alice S. Marriott Foundation, the Marriott family's private foundation, announced today they will each contribute $250,000 for a total donation of $500,000 to hurricane relief. Half will be donated to the American Red Cross to help meet immediate community needs that will broadly benefit Marriott associates, their families, friends and neighbors. An additional $250,000 is earmarked for longer-term recovery efforts.
(Logo: http://photos.prnewswire.com/prnh/20090217/MARRIOTTINTLLOGO )
"Our thoughts and prayers are with those still impacted by this massive storm, especially those who have experienced power outages, extensive property damage or worse," said President and Chief Executive Officer Arne Sorenson. "Nearly 10,000 associates representing Marriott hotels work in the hard-hit New York and New Jersey regions, and a number of these associates have suffered significant damage to their homes or are still without power."
"We are proud of our associates and their extraordinary 'Spirit to Serve' dedication to their fellow associates, hotel guests and communities in this time of need. We are doing all we can to support their needs and their communities," said J.W. "Bill" Marriott, Jr., executive chairman of Marriott International and trustee of The J. Willard and Alice S. Marriott Foundation.
Currently two Marriott-branded hotels and one Ritz-Carlton hotel remain closed in New York. These hotels are working diligently to reopen as quickly as possible. Marriott is encouraging Marriott Rewards members to donate points for contributions to the American Red Cross disaster relief efforts. Members donate millions of points each year in support of charitable organizations like the Red Cross which align with Marriott's community engagement strategy. As part of their "Spirit to Serve," Marriott associates have been donating blood, conducting fundraising drives, providing assistance in the community and protecting guests and properties during and in the aftermath of the storm.Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
