Marriott CEO: 3 Approvals Needed for Starwood Merger

Marriott CEO: 3 Approvals Needed for Starwood Merger

Assessment

Interactive Video

Business, Geography, Science, Life Skills

University

Hard

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The transcript discusses the merger process between Marriott and Starwood, focusing on approvals needed from Saudi Arabia, the EU, and China's MOFCOM. It explores synergies post-merger, job implications, and the US lodging market's outlook. The potential impact of Brexit on business and strategies to compete with Airbnb in saturated markets like New York and Miami are also covered. Finally, it highlights China's market strength despite economic slowdown.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which entities need to approve the merger between Marriott and Starwood Hotels?

Saudi Arabia, the EU, and China's MOFCOM

United States, Canada, and Mexico

Australia, New Zealand, and Singapore

Japan, South Korea, and India

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected impact on jobs at the hotel level due to the merger?

Significant layoffs

Increase in job opportunities

No significant impact

Complete restructuring

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Where is the job impact of the merger expected to be most significant?

At the hotel level

In the marketing team

In the sales department

Among senior ranks

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What economic indicator is closely linked to the demand for hotels?

Interest rates

GDP growth

Inflation rate

Unemployment rate

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the anticipated short-term impact of Brexit on the UK economy according to the transcript?

Gradual impact over several years

No impact at all

Immediate and severe impact

Positive impact on tourism

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is the sharing economy evolving according to the transcript?

It is declining in popularity

It is shifting towards micro hotels

It is becoming less regulated

It remains focused on shared homes

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which market is identified as strong despite economic slowdowns?

United States

United Kingdom

China

Germany