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Marriott CEO Sorenson, 62, dies of pancreatic cancer

Marriott CEO Sorenson, 62, dies of pancreatic cancer
thetelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thetelegraph.com Daily Mail and Mail on Sunday newspapers.

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Marriott CEO Sorensen dies after battling cancer

The CEO who grew Marriott International into the world’s biggest hotel chain has died. The company said Tuesday Arne Sorenson had passed away on Monday. He was undergoing treatment for pancreatic cancer that was diagnosed in 2019. Earlier this month, he stepped back from his full-time role to treat the cancer. Sorenson had engineered the $13 billion acquisition of Starwood Hotels and Resorts in 2016. That beefed up Marriott’s room count to over 1 million, making it the world’s biggest hotel operator. Marriott executive chairman J.W. Marriott, Jr. said, “He had an uncanny ability to anticipate where the hospitality industry was headed and position Marriott for growth.” Since taking over the corner office in 2012, the company’s shares have tripled despite the 15% setback last year due to the health crisis that slammed global travel. Marriott said it will appoint a new CEO in the next two weeks.Sorenson, the first non-family member to head the hot ....

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Cashing in your travel points now may not be the best deal

The Globe and Mail
Barry Choi
Published February 16, 2021
Filippo Bacci/iStockPhoto / Getty Images
With most people’s travel plans on hold because of restrictions brought on by the global pandemic, many Canadians are wondering what to do with all the loyalty points they’ve collected over the years. Travel rewards will always yield the most value, but is claiming merchandise, gift cards or credits to your account statement really so bad? And if your points are about to expire, should you cash in everything now to avoid losing them? The decision is personal, but before you start burning your points, make sure you know all your options. ....

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Marriott announces passing of CEO Arne Sorenson

Marriott's CEO Arne Sorenson has passed away. ....

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Marriott says CEO Arne Sorenson has died

Marriott International Chief Executive Officer Arne Sorenson, who was undergoing treatment for pancreatic cancer, has died, the company said on Tuesday. ....

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