This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Marriott To Congress: Join Our Campaign To "See The World"

WASHINGTON, May 8, 2013 /PRNewswire/ -- Leaders from the travel industry, including Marriott International, Inc., told Members of Congress this week that tourism holds the key to the nation's economic recovery and urged them to support policy measures designed to facilitate international travel. At a hearing before the House Subcommittee on Commerce, Manufacturing and Trade, Kathleen Matthews, chief communications and public affairs officer, called on legislators to protect funding for Brand USA and pass the Jobs Originated through Launching Travel ("JOLT") Act as part of comprehensive immigration reform.

(Photo: )

(Logo: )

Arne Sorenson, president and chief executive officer, has stressed that "Travel is trade.  Efforts to make America the top travel destination in the world offer tremendous opportunities to expand our nation's economy, drive exports and create jobs.  As the immigration debate unfolds, we must remember to balance conversations about rigorous border security with our desire to remain a magnet for world travelers." 

In particular, industry executives expressed concern with a provision in draft comprehensive immigration legislation that would divert funds from Brand USA, the public-private partnership established in 2010 to promote the United States as a travel destination, to border security efforts.  "We are working on an alternative provision that ensures both initiatives are adequately funded," said Matthews.

At a hearing entitled " Vacation Nation: How Tourism Benefits our Economy," Matthews testified that tourism is not just about enjoyable vacations, but drives business performance and economic growth.  She reiterated Marriott's longstanding support for the bipartisan JOLT Act ( H.R. 1354), a bill to encourage international visitation by enhancing the Visa Waiver Program and setting standards to ensure rapid processing of tourist and business visitor visa applications at U.S. consular offices overseas. These provisions to create "Smart Visa" policies have been included in the Senate's larger immigration bill.

"Every time Marriott opens a new hotel, the positive ripple effect on the local economy and community is tremendous," said Matthews.  "JOLT is a surefire way to ensure maximum demand for our services and enable the U.S. to capture the greatest possible share of the growing global pool of international travelers.  Marriott is proud to be doing its part to put Americans back to work, and we hope Congress will see the value in advancing this and other legislative proposals designed to boost travel and tourism to and within the United States."

View Matthews's full written statement to the Subcommittee here .

About Marriott International, Inc.

Marriott International, Inc. (NYSE: MAR) is a leading lodging company based in Bethesda, Maryland, USA, with more than 3,800 properties in 74 countries and territories.  The company operates and franchises hotels and licenses vacation ownership resorts under 18 brands. For more information or reservations, please visit our web site at, and for the latest company news, visit

SOURCE Marriott International, Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,712.66 +34.43 0.19%
S&P 500 2,061.02 +4.87 0.24%
NASDAQ 4,891.2190 +27.8570 0.57%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs