Last year the firm became the world's most valuable ..after it bought ...,a rival, for $.. The combined venture now has ...brands under its umbrella. That is too many: some compete for the same customers in the same places.
So ...will probably spend much of this year expunging overlapping costs and properties.
Still, the company will be bullish when it announces first-quarter results later today.
Hotels are benefiting from the strong economy, and the development pipeline is bulging—..rooms by the most recent count.
But...,boss, reckons the Trump administration's attempt to raise America's drawbridge has deterred many foreigners .
expunge: vt. get rid of
bullish: adj. confident
bulge: vi. increase rapidly
raise the drawbridge: closed-door policy
deter: vt. discourage sb. from doing sth.
be wary of: pay attention to
lure: vt. attract
lucrative: adj. producing a lot of profits
acquisition and merger: 并購
synergy: n. 合力
closed-door policy: 閉關(guān)鎖國
beggar-thy-neighbors: 以鄰為壑
keep a wary eye on sth. / sb.: If you keep a wary eye on sth. or sb., you are cautious about them and watch them to see what they will do or what will happen to them.
sharing economy
tit-for-tat: adj. 針鋒相對的
"Motivate them, train them, care about
them, and make winners out of them.
They'll treat the customers right. And
if customers are treated right,
they'll come back."
John Willard Marriott
