PepsiCo loses major corporate customer. Fiat Costco. Now Global Marriott.
https://finance.yahoo.com/markets/stocks/articles/marriott-coca-cola-announce-global-135547786.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAACOxJwc5TBLn8TFc1UGltv_KeyahbBEI_jn1cjXczjWyrIQAsjU0Xa1_ZF2XLYz4eC6Gxz9F-O0bsdyIc-UT0EOxPjtJl4Dlj_o1Cqsgro_NBgCIs3fbS-5oryhHfu_CH3AuMbMS9eCzmtc9AXCuhl0gHMBAMz5V4G5ZBXpmF7_O
Maybe we should have created a special soda for them like we did BWW or Applebees lol . Every time I stayed at Marriott they always had contraband colas in our cooler and water in your room was not Aquafina. Going to miss those points though. 😢
@dx It's been basically a hand shake agreement since they bailed them out back in the day. It probably should have been over.
So what will the new preferred hotel vendor be for those of us who travel for work. Motel 6?
When will curry or butter chicken Pepsi be coming out?
The best restaurants and hotels choose Coca Cola. Sh---y ones carry Pepsi.
I’m not surprised. We have cut resources so much that it’s affected execution. Customers don’t needs Pepsi as much as Pepsi likes to think.
@ct To be fair, both Coke and Pepsi are quality colas. There's a difference, but for myself they've been close enough to be interchangeable. I don't drink that kind of cr-p very often anymore though.
I’m sure the BAM - chock full of ridiculously inflated COGS, bad formulas and bizzaro-world cost-to-serve numbers supported the decision to cede that business to KO
Nice job team !
marriott only has 10,000 locations so it's really a nothing burger lets move on it's just economic head winds like water off a buffalos back that can be easily offset by a few moves in Hyderabad or Santiago so it's purely just a US thing so we are good
nothing a few PowerPoint slides can't explain away
Coca Cola is a far superior beverage. Excellent decision!
Anyone is actually surprised ?