Marriott International (NYSE:MAR) announced it has chosen Grey New York as the agency of record for the company’s flagship Marriott Hotels & Resorts brand.
The pricing strategies of high-end hotels in Hong Kong shifted from a relatively volume-focused strategy in 2011 to a price-driven strategy in 2012. Average occupancy for the first three months of 2012 was 81%, dropping 2% year-on-year.