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Stock impact report

Marriott to switch from Pepsi to Coke [Yahoo! Finance]

Marriott International - Class A (MAR) 
Last marriott international - class a earnings: 2/26 04:30 pm Check Earnings Report
US:NYSE Investor Relations: investor.shareholder.com/mar
Company Research Source: Yahoo! Finance
Marriott International has confirmed that it is replacing PepsiCo with The Coca-Cola Company as its exclusive global beverage provider.  In a letter from Satya Anand, group president of Marriot International shared on Reddit and confirmed by a representative of Marriott's media-relations team, the executive said that Coca-Cola products are preferred globally be a margin of two to one and favored by more than 70% of Marriott's guests. Additionally, Coke's data-driven approach to product assortment, packaging, and merchandizing is designed to sell more product and improve the guest experience. The new products will be phased in globally starting this summer. The change ends a 34-year relationship between Marriott and PepsiCo that started with a loan and service agreement from Pepsi in 1992. Marriott operates more than 9,700 properties in more than 143 countries under more than 30 brands including Marriott, Ritz-Carlton, W Hotels, Renaissance, Westin, MGM, Sheraton, Gaylord Hote Show less Read more
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