Marriott to Reinvest Avendra Profits

WASHINGTON, DC-Marriott International Inc. has responded to the bevy of finger-pointing and lawsuits by its franchisees accusing the global hotel conglomerate of making off with millions of dollars in supplier kickbacks from Avendra LLC, the Internet-driven business-to-business hospitality procurement company, 49% of which is owned by Marriott.

While Marriott has consistently denied any wrongdoing during the last several lawsuit-filled months–which have brought forth accusations ranging from racketeering to commercial bribery–the company recently took actions to address the growing outcries. “Marriott has indicated that it plans to return potential financial gains realized from its investment in Avendra to the benefit of hotels in the Marriott system,” A Marriott spokesperson tells GlobeSt.com.