Travel Community Urges Action to Stabilize U.S. Credit Markets
WASHINGTON, DC, October 1, 2008. Travel Industry Association (TIA) today released the following statement:
"The small- and medium-sized businesses that make up the vast majority of America's $1.6 trillion travel economy, which employs one out of every eight American workers, depend on ready access to credit to meet their daily operating needs and to grow their companies.
"The U.S. travel community is extremely concerned about the ongoing uncertainty in America's credit markets and its long-term effect on the economy. The longer this uncertainty is left unresolved, the greater the potential negative economic impact for workers, employers and all American taxpayers.
"TIA strongly encourages Congress and the Administration to act swiftly to restore confidence in America's financial system."
The Travel Industry Association is the national, non-profit organization representing all components of the $740 billion travel industry. TIA's mission is to promote and facilitate increased travel to and within the United States. TIA is proud to be a partner in travel with American Express. For more information, visit www.tia.org.
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
