Marriott Nearly Doubles Billion Dollar Spending Goal with Diverse Suppliers
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Marriott Nearly Doubles Billion Dollar Spending Goal with Diverse Suppliers
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Category: Worldwide - Industry economy -
Figures / Studies
This is a press release selected by our editorial committee and published online for free on 2009-02-26
$1.9 billion spent in last five years
Marriott International, Inc. (NYSE:MAR) announced today that it has spent $1.9 billion with diverse suppliers over the last five years in the U.S., nearly doubling its goal that was set in 2003. Last year, Marriott set a new record, spending more than $500 million companywide with minority- and woman-owned businesses.
“Our program is a great opportunity for small businesses and entrepreneurs to grow,” said Bill Hartwig, vice president, supplier relations, Marriott International, Inc. “We are committed to nurturing and strengthening our existing relationships and actively looking to increase our portfolio with outstanding minority and woman-owned suppliers who meet our needs and criteria.”
Marriott suppliers hail from various industries. Among the company’s top diverse suppliers are:
* Berman Purchasing Inc., Jupiter, Fla. (furniture, fixtures and equipment purchasing)
* Carter Brothers, Atlanta, Ga. (security and fire alarms)
* Eagles Koinonia Corporation, Brandon, Fla. (janitorial/cleaning)
* Fairmont Designs Hospitality Group, Buena Park, Calif. (furniture designs)
* Gary’s Seafood, Orlando, Fla. (seafood distributor)
* Hospitality Staffing Solutions, Marietta, Ga. (temporary staffing)
* LandRon Inc., Orlando, Fla., (construction)
* Tronex, Parsippany, NJ., (disposable gloves and products)
* Ty, Ty, & Ty Inc., Miami, Fla. (rooms/linen)
* T&G Constructors Inc., Orlando, Fla. (construction)
“The supplier diversity program is perfectly aligned with Marriott’s business goals,” said Jimmie Paschall, senior vice president, external affairs and global diversity officer, Marriott International, Inc. “Additionally, the program’s success is a great testament to Marriott’s sustained commitment to inclusion.”
Marriott has an ongoing commitment to global diversity and inclusion. Marriott has a board-level committee, the Committee for Excellence, which meets regularly to set goals and monitor the company’s progress. Marriott has been recognized for its supplier diversity efforts by DiversityInc magazine and named Top 50 Companies for Supplier Diversity by Hispanic Trends magazine.
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