Guiding Pinnacle Hotels USA, Bharat Lall oversees a hospitality firm that has pursued opportunistic acquisitions in expanding its reach to hotel locations spanning California and Texas. Among the brands managed by Bharat Lall and his team are Hilton, Hyatt Regency, and Marriott.

1. MARRIOTT
INTERNATIONAL CEO
ANNOUNCES $140
MILLION EMPLOYEE
BENEFIT
Bharat Lall

2. Introduction
• Guiding Pinnacle Hotels USA, Bharat Lall oversees a hospitality
firm that has pursued opportunistic acquisitions in expanding its
reach to hotel locations spanningCalifornia andTexas.Among the
brands managed by Bharat Lall and his team are Hilton, Hyatt
Regency, and Marriott.
A globally networked company known for its strong employee
focus, Marriott International, Inc., was in the news recently with the
announcement that it would respond to recently enacted US
federal tax cuts through sharing a financial benefit with team
members. With the firm enjoying an effective tax rate deduction of
approximately 8 percent to 22 percent, another major windfall was
$70 million received on the sale of the procurement platform
Avendra.

3. Marriott International
• This $70 million was effectively doubled with CEOArne Sorenson's
announcement that Marriott would distribute $140 million, both to
employees and to its hotels’ eligible associates.This money will
take the form of retirement savings plan distributions administered
through a 5:1 match, totaling as much as $1,000. Speaking to
investors during an earnings call, Sorenson described this decision
as reflecting a hospitality business maxim that “high associate
satisfaction and engagement” are the foundations of both strong
business results and guest loyalty.