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Cendant, Marsh join Corporate Partners program at Cornells Center for Hospitality Research

Travel News Asia 12 January 2004

The Center for Hospitality Research at Cornell Universitys School of Hotel Administration has added Cendant Corporation and Marsh, Inc. to a growing group of leading hospitality companies that have joined the Centers corporate partners program. As corporate partners, Cendant and Marsh will support research projects that generate important advances in industry practices.

We are very pleased to add two of the worlds leading hospitality companies as partners, said Gary Thompson, executive director at The Center for Hospitality Research. We look forward to working closely with Marsh and Cendant to develop research that aims to enhance the industrys strategic, managerial and technical capabilities.

Cendant is one of the foremost providers of travel and real estate services in the world, with approximately 90,000 employees located in more than 110 countries. Through its wholly-owned subsidiaries, Cendant is the worlds largest hotel franchiser and vacation ownership organization, one of the largest car rental companies, the leading residential real estate brokerage franchiser, and the largest provider of outsourced corporate employee relocation services.

We are delighted to be supporting an organization that is focused on researching and improving so many aspects of the hospitality industry in which we compete, states Jo-Anne Kruse, senior vice president Human Resources.

The Center for Hospitality Research at Cornell is at the forefront of knowledge creation in the global hospitality industry, said Janice L. Schnabel, senior vice president at Marsh, Inc., a world leader in risk and insurance services and a subsidiary of Marsh & McLennan Companies, Inc. (MMC). Marsh, Inc. is one of the world's leading risk and insurance services firms. Since their formation in 1871, they have grown into an enterprise with 410 owned-and-operated offices and 38,000 colleagues, who serve clients in more than 100 countries.

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