According to the Orlando Sentinel, Marriott will be temporarily closing.
Based in Orlando, Florida, Marriott Vacations CEO Stephen Weisz spoke on behalf of the company, stating, “Without a doubt, these shutdown decisions have been some of the most difficult and heartbreaking of my career.”
While Marriott was initially withstanding the economic pressures that had forced other businesses in the restaurant and hospitality industry to close, today the company disclosed they’ve seen a massive drop in business.
Coupled with new state and federal guidelines restricting many residents to their homes and forbidding the public from leisure travel, options forward were very limited. Just last Friday, we saw Disney World close down all of its resorts shortly after closing all of its theme parks until April 1st.
Workers will be furloughed while all Marriott service centers are expected to remain closed through April 6th. The company also announced all of Marriott’s resorts will be closed to guests through April 23rd. Marriott Vacations Worldwide employs 3,300 people at seven properties and two corporate offices in Central Florida alone.
“While we certainly don’t know how long the changes will last, it will enable us to operate the business at close to cashflow-neutral,” Weisz said. Other businesses adjacent to Disney World such as Four Seasons Resort Orlando and many Disney Springs privately-owned restaurants have had to make similar calls recently.
We’ll continue to monitor the situation and report more information when new details become available. If you’ve made reservations at any Marriott resort or club between now and April 23rd, you should contact them at 407-206-6000 or [email protected]