Arne Sorenson, who made Marriott International the world’s largest hotel chain after acquiring Starwood Hotels & Resorts in 2016 for $ 13 billion has died. He was 62 years old and was being treated for pancreatic cancer, the company said Tuesday

Sorenson, the third CEO in Marriott history and the first outside of the founding family, passed away on Monday

Sorenson expanded Marriott’s global presence to dozens of brands including W Hotels, Ritz-Carlton, Courtyard and Sheraton

Last year he had to run the business through the Covid pandemic that brought most global and domestic travel to a standstill

“Arne was an exceptional manager – but more than that – he was an exceptional person,” said JW. Marriott Jr, Chairman and CEO “Arne loved every aspect of this business and enjoyed the time we spent touring our hotels and meeting employees around the world. He had an uncanny ability to foresee where the hospitality industry was going, and Marriott Positioning for Growth But the roles he enjoyed most were husband, father, brother and friend. On behalf of the board of directors and the hundreds of thousands of Marriott employees around the world, we extend our heartfelt condolences to Arne’s wife and four children We share your heartache and will miss Arne very much “

The hotel operator announced in May 2019 that Sorenson had been diagnosed with pancreatic cancer. Earlier this month it was announced that the CEO would temporarily cut his work schedule to accommodate more demanding treatment

Earlier this year, Marriott tapped two executives – ???? Stephanie Linnartz, group president for consumer operations, technology, and emerging businesses; and Tony Capuano, group president for global development, design and operations services? Oversee Sorenson to oversee day-to-day operations

The company announced Tuesday that Linnartz and Capuano will continue to do so until the board appoints a new CEO, which is expected to happen within two weeks

Marriott stock was up less than 1% on the Tuesday before trading, after falling about 12% in the past 12 months, the hotel operator has a market cap of nearly $ 42 billion

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Arne Sorenson

World News – USA – Marriott CEO Arne Sorenson dies after battling cancer

Source: https://www.cnbc.com/2021/02/16/marriott-says-ceo-arne-sorenson-died-after-battle-with-cancer.html