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Snacks / Monday, December 09, 2019

Otis made skyscrapers possible... The 166-year-old elevator company is big enough to be its own Fortune 500 company, with $13B in revenue, 69K employees, and 2M elevators in service worldwide. In April, owner United Technologies is spinning off Otis into its own publicly-traded company to unlock its value. Otis makes serious bank in China, where all that new city construction needs vertical help, so it's praying the trade war doesn't get too bad.

That partnership looks good on you... Marriott's W Hotel chain found a cost-effective, well-dressed marketing move — hook up with Rent The Runway so that guests don't have to pack as many clothes. For an extra $69, your room could come with 4 wardrobe options to rent during your W stay. The brand move keeps the W relevant — and snags exposure for Marriott to Rent The Runway's younger customer base.

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