The ideal joint partnership for Marriott will be with a corporation that has tangible and intangible resources (i.e., assets, skilled employees) and years of experiences in the business which would be complementary (Schmitz, 2012; Jurevicius, 2013); therefore, assessing the strengths and weaknesses of a potential partner is vital.
Strengths. Strengths of Frasers are analyzed to determine how they align with Marriott’s search for joint partnership (Fraser Centrepoint Limited, 2017; Fraser Centrepoint Limited Trust, 2017; Frasers Hospitality Trust, 2017; Frasers Hospitality, 2017):
Competent Leadership – the corporate governance is led by a general manager, who is tasked with strategic directions, managing the assets and liabilities, along with orchestrating the entire world-wide operation. The human capital talents consist of well knowledgeable personnel, who stay abreast on best practices, strengthen corporate alliance functions.
Experienced – have knowledge and competencies on overall …show more content…
FDI promotes the overall economic growth of a country as well as investors positioning. Furthermore, it helps to generate opportunities through increased production, additionally, circulating capital spending. Successfully, thus far, its global reach was $50 billion in real estate investment by owners and franchise Marriott’s (Sustainability Report, 2015). According to Marriott’s Sustainability Report (2015), Marriott expects its Asia Pacific portfolio of hotel investment to double over 340 through 19 countries by the year 2019. In 2014 the total properties accounted for 176 with company operated properties of 161 hotels; of that, 12 are franchised hotels, with 3 timeshare, and with no joint ventures