Marriott, Hyatt Joining Forces on Internet for Hotel Supplies Venture Puts Area Firms in a Strategic Bind
Comerford, Mike, Daily Herald (Arlington Heights, IL)
The teaming up of rivals Marriott International Inc. and Chicago-based Hyatt Corp. to form an online exchange for hotel supplies has local hotel firms considering a change in plans.
"I'm about as happy as if a hotel moved in next to mine," said Stan Suboleski, vice president of product development for Allied Hospitality Group, a hotel supplier and chain of 23 hotels based in Des Plaines. "Because on the Internet, everyone (in the industry) is our neighbor."
Bethesda, Md.-based Marriott and Pritzker family-owned Hyatt said Tuesday they are embarking on the new business, expected to be located in the Washington, D.C., area. Already accounting for about 10 percent of …
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Publication information:
Article title: Marriott, Hyatt Joining Forces on Internet for Hotel Supplies Venture Puts Area Firms in a Strategic Bind.
Contributors: Comerford, Mike - Author.
Newspaper title: Daily Herald (Arlington Heights, IL).
Publication date: May 3, 2000.
Page number: 1.
© 2009 Paddock Publications.
COPYRIGHT 2000 Gale Group.
This material is protected by copyright and, with the exception of fair use, may not be further copied, distributed or transmitted in any form or by any means.
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