Marriott International Inc (FRA:MAQ)
€ 233.65 -4.5 (-1.89%) Market Cap: 65.54 Bil Enterprise Value: 78.47 Bil PE Ratio: 25.64 PB Ratio: 0 GF Score: 85/100

Marriott International Inc at Goldman Sachs Lodging, Gaming, Restaurant and Leisure Conference Transcript

Jun 04, 2019 / 07:55PM GMT
Release Date Price: €112.76 (+2.03%)
Stephen White Grambling
Goldman Sachs Group Inc., Research Division - Equity Analyst

All right. Well, we're going to be ending the day, so thanks, everyone, for hanging with us here. And last but certainly not least, we have Leeny Oberg, Chief Financial Officer of the world's largest hotel chain with over 1.3 million rooms.

Questions & Answers

Stephen White Grambling
Goldman Sachs Group Inc., Research Division - Equity Analyst

I'll jump right in. You had an Investor Day recently where you kind of mentioned that the heavy lifting in the Starwood integration was, for the most part, in the rearview. Can you just remind us how the integration process unfolded, how it impacted the business, positive, negative so far and how to think about harvesting that from here?

Kathleen Kelly Oberg
Marriott International, Inc. - Executive VP & CFO

Sure. The way I like to think about it is that the negatives were short-term and the positives were long-term. The reality is that putting together 2 huge companies like

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