The Motley Fool – Lawrence Rothman, CFA Marriott International (NASDAQ:MAR) has taken it on the chin over the last month, with shares down some 40% in that time. That’s not surprising, with the novel coronavirus pandemic leading to warnings about large group gatherings and many individuals and companies halting travel. The Centers for Disease Control [...]

CENTERS FOR DISEASE CONTROL AND PREVENTION…READ MORE Resources for Businesses and Employers Plan, prepare, and respond to coronavirus disease 2019 Interim Guidance for Businesses and Employer Cleaning and Disinfection Recommendations…READ MORE  

U.S. Department of Labor - Occupational Safety and Health Administration – OSHA  3990-03 2020 Describes basic steps that every employer can take to reduce the risk of worker exposure to SARS-CoV-2, the virus that causes COVID-19, in their workplace. Develop an Infectious Disease Preparedness and Response Plan Prepare to Implement Basic Infection Prevention Measures. For most employers, [...]

New York (CNN Business) By Jordan Valinsky, CNN Business Marriott International, the world’s largest hotel chain, has started furloughing employees. Tens of thousands of workers could be affected by the furloughs as demand dries up for travel because of the growing coronavirus pandemic. All levels of Marriott employees could be furloughed, from housekeepers to general managers. There won’t be [...]

Marriott News Center:  We take standards for hygiene and cleanliness very seriously and are taking steps to ensure the safety of our guests and associates. The Company has been closely monitoring the Centers for Disease Control and Prevention (CDC) and World Health Organization statements regarding the coronavirus (COVID-19). On a daily basis, our hotels around [...]

The Washington Post – By Adam Taylor and Teo Armu As the number of novel coronavirus cases topped 1,000 in the United States amid widening public disruption, Asian nations were struggling to recover from their own outbreaks Wednesday. In the United States, government officials and business announced sweeping steps to contain the rapidly expanding outbreak. Five more deaths [...]

We are closely monitoring the Centers for Disease Control and Prevention and World HealthOrganization’s statements regarding the novel coronavirus (COVID-19) cases and following guidelines from these agencies and the local health departments. The wellbeing of our guests and associates is of paramount importance. We continue to waive cancellation fees for hotel stays…READ MORE

Bloomberg - By   Patrick  Clark The hotel industry is waking up to the adverse effects of the coronavirus. After weeks of conference cancellations, corporate travel restrictions and cratering stock values, lodging owners are pulling guidance and cutting expenses while the spread of the virus socks hotel demand. The shift in tone comes after the largest companies in [...]

MarketWatch – By Jeremy C. Owens Travel companies continued to say that the spread of COVID-19 was making financial forecasts untenable Monday afternoon, when a ski-resort company and two hotel real-estate investment trusts rescinded financial guidance…READ MORE

The New York Times – Julie Creswell – @julie_creswell – Sapna Maheshwari, Jack Nicas and Brooks Barnes contributed reporting. When the coronavirus first broke out in China in January, the disruption to the hospitality industry — and the broader travel sector — seemed confined to people going to and from the country. But as the [...]