May 22nd, 2008

My Marriott Connection

file under Fred Malek, Hotel Industry, Marriott - Fred Malek @ 3:55 pm
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The Washington Post recently cited me in a story about people leaving Marriott to become executives elsewhere. Here’s what they said about me:

Fred Malek was president of the hotels division and now has his own hotel investment company.

I appreciate the mention, and it’s true — but it leaves out part of the picture. I haven’t totally left Marriott. The fact is, through my current work as Chairman of Thayer Lodging, I’m still in partnership with Marriott as we own five of their hotels. In fact some of our best investments and recent sales have been with Marriott, including the sales of the Orlando Grande Lakes resort with a Ritz Carlton and JW Marriott, as well as Washington’s largest hotel, the Marriott Wardman Park. Marriott’s a great company and I’m thrilled to remain a part of the family. In fact, as the Post pointed out in its profile of me, my philosophy on work is based on something Bill Marriott once said: “Success is never final.”

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