Recent News
Curses! Foiled again! So much for ease of access to accurate information on the compensation your corporate officers are recieving . . . "Due to an accounting loophole for stock options and an eleventh-hour rule change made by securities regulators just before Christmas." Sigh. Read the full story by David Cho and Carrie Johnson here at The Washington Post Online. |
| Marriott Hotels and Sustainability |
| Written by Walker Lunn | |||
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The Audubon Cooperative Sanctuary System has named the Evergreen Marriott Conference Resort, in Stone Mountain, Georgia, as a Certified Audubon Cooperative Sanctuary. Marriott (MAR - $33.26) is making small steps in the right direction. Energy star, Audobon, and LEED certified Marriott hotels are emerging throughout the country. We have yet to see a unified approach to this frontier, which indicates that the company is still feeling out the options. It inevitably needs to weigh guest awareness, certification and greening program cost and effect, as well as fitting a greening program into the franchise and brand standards. Most likely, high visibility brands like this resort or higher-end Marriott products will be the first to move. It will surely be a long time before Marriott is able to implement programs across its many product lines. Still, we are seeing good movement. Marriott is beginning to recognize that sustainability programs will contribute to property performance. Will Marriott be the brand of choice for the environmentally conscious? Time will tell. Site disclaimer.
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