Marriott Weighs Risk, Opportunity Of a Hotel in Baghdad Green Zone

Source: WP

A Marriott International official said yesterday that the company was evaluating whether to open a hotel in Baghdad's fortified Green Zone, responding to a request from U.S. government officials who are eager to help revive Iraq with foreign investment and economic activity.

The Bethesda firm, one of the largest hotel operators in the world, would have to overcome major obstacles, such as Baghdad's lack of security and its ravaged infrastructure. Chief executive Bill Marriott is considering the deal but is concerned about safety issues, according to someone familiar with his thinking.

Marriott, which is paid fees by hotel owners to manage properties, is mulling the move as it embarks on a major expansion in the Middle East. To meet demand from a surge of business activity there, Marriott intends to boost its properties in the region from 26 to about 75 during the next several years.

Opening a Ritz-Carlton in Riyadh is one thing. But moving into Baghdad is quite another. The Green Zone has been a frequent target of attacks by insurgents. A recent flare-up, when 114 rocket and mortar rounds fell in the Green Zone during a 30-day period ending in late April, showed the unpredictability of the danger.

Read more: http://www.washingtonpost.com/wp-dyn/content/article/2008/05/07/AR2008050703819.html

I influenced a former company of mine not to renew a multi-million dollar contract with them.

heh heh.

Eventually, if the building survives, Iraqis whose homes we've demolished could use it as housing.

"New U.S. embassy in Iraq short on housing
Some workers are living in trailers without protection against attacks"

http://www.msnbc.msn.com/id/24314784/

WalMart can't be far behind-I wonder if they'll sell hunting rifles at their Bagdad store?

that seems to have a lock on the American Fast food market in Iraq. They're all on US military bases however and most Iraqis prefer chicken anyway.

Any American based hotel chain in Iraq might as well paint a big red X on the roof. If the mortars and rockets don't destroy it suicide bombers would blow it up within a few months! The only places in Iraq that have US friendly shops and restaurants are in Kurdistan. Even that is likely to change soon if the US continues to help the Turks kill the Peshmerga fighters.

Who the hell in their right mind is going to chose Baghdad as their vacation spot at any point in the foreseeable future?

Merriot's customers would all be on the U.S. government dime, one way or another.

Quite a dilemma.