Marriot Corporation: The Cost Of Capital
Executive Summary
Marriott Corporation which is one of the large corporations in managing hotels and other support services such as restaurants and contract services has business goals to remain a significant growth in the company by setting consistent business strategies which are consistent with its goals and developing appropriate investment opportunities in different business sections.
To support Marriott's growth objectives of making profit to the company, preferring employers, and preferring providers, it created four components of Marriott's financial strategy which are:
Manage rather than own hotels assets
Invest in projects that increase shareholder value
Optimize the use of debt in the capital structure
Repurchase undervalued shares
Due to these potential strategies, they support its company business goals in several ways:
First, by managing rather than owning hotels assets, Marriott can focus on its core competency of hotel management in order to......
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