NBTA Board Unanimously Supports Potential ACTE-NBTA Merger
ALEXANDRIA, VA, June 18, 2009 - The Board of Directors of the National Business Travel Association (NBTA) voted unanimously to continue pursuing a potential merger with the Association of Corporate Travel Executives (ACTE).
NBTA President & CEO, Kevin Maguire, CCTE, GLP, said, "The NBTA Board sees great potential in a merger of ACTE and NBTA, particularly in today's tough economic environment. There are hundreds of companies that currently invest in both organizations. The NBTA Board wants to give those companies a chance to lower their investments while maximizing the value delivered. We believe one way that can be done is to combine the best aspects of two great organizations - NBTA and ACTE."
The vote took place today during a regular quarterly meeting of the NBTA Board. The Board supported the outline of a potential structure for a merger process previously drafted by members of the ACTE Board.
The National Business Travel Association (NBTA) is the world's premier business travel and corporate meetings organization. NBTA and its regional affiliates - NBTA Asia Pacific, the Brazilian Business Travel Association (ABGEV), NBTA Canada, NBTA Mexico, and NBTA USA - serve a network of more than 15,000 business travel professionals around the globe with industry-leading events, networking, education & professional development, research, news & information, and advocacy.
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 
