I am not restor, I am Rest or Resty or restornu ~ Thank you
My friend would like to make it known that...
The Marriott has been public since 1953. The Marriott family owns about 15% of the company. The other 85% is owned by a whole bunch of investors including major institutions.
It is also worthy to note that the President of Marriott a graduate of Notre Dame who is Catholic
What is the difference between President and CEO?
The CEO is primarily responsible for strategy: long-range planning, company direction. S/he is the most direct interface between the board of directors/stockholders and the companys managers and employees.
The presidents role tends to be operational and tactical: S/he keeps the wheels on the car, so to speak, and attends to the day-to-day business of the company. S/he is the manager of all managers.
Now, having said that, the biggest actual difference in most companies will be determined by the legal ownership and structure of the company.
Resty, the Marriotts can contractually require anything they want of franchisees in return for use of the name “Marriott” on the building.
They can require that onsite restaurants and pools meet all legally-proscribed health and safety standards.
They can require that rooms be kept clean and sanitary.
They can require that franchisees not operate prostitution services from the front desk, even in Nevada where it might be legal to do so.
And if they chose, they could require that in-room movie services in hotels that have the name “Marriott” on the outside not be selling hardcore X-rated pornography and obscenity on the outside.
Instead, Marriott negotiated a system-wide bulk rate contract with “On Command” — which is not the same thing as “on demand” — to knowingly sell and profit from porn.
Prominent LDS Church member John Harmer of Salt Lake City, former California Lt. Gov. and now chairman of a SLC-based anti-porn group The Lighted Candle Society, says it’s wrong for Marriott and other hotels to sell porn.
Since you disagree with prominent church member John Harmer, does that make you “anti-Mormon”? Just checking...