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NEWS| Marriott to shuffle its holdings

The luxury Ritz-Carlton hotel chain will cease to be a stand-alone division under the Marriott International umbrella as part of a reorganization that the Bethesda-based company plans to complete by 2011.




Marriott, the largest hotelier in the United States, until now has kept a firewall between its eponymous chain of mid-priced hotels and Ritz-Carlton, which is the company's high-end attraction.

Company executives have said over the past few weeks that it was reorganizing into four units divided along geographic lines -- the Americas, Europe, the Middle East and Asia -- each with its own president and resources.

Marriott's current divisions are U.S. and Canadian operations, global timeshare, international and Ritz-Carlton. Global timeshare will continue to be outside the four regional units.

Marriott spokesman Tom Marder said Wednesday that the restructuring "enhances operations and connections to customers."




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