Company description

Marriot International Inc. (MAR) is a global company that operates and franchises a wide range of branded hotels and lodging facilities. The company has a long and rich history dating back to 1927 when it was founded by J. Willard and Alice S. Marriot in Washington D.C. Over the years, MAR has expanded its presence to more than 140 countries and territories, with over 7,500 properties and 1.4 million rooms worldwide. The company has a diverse portfolio of 30 hotel brands, including luxury, premium, and select-service segments, catering to the needs of different types of travelers. Some of the well-known brands under the Marriot banner include St. Regis, W Hotels, Westin, Sheraton, and Marriott Vacation Club. In addition to hotels, MAR also offers vacation ownership, residential, and fractional ownership properties. The company's success can be attributed to its strong strategic partnerships, innovative brands, and commitment to providing exceptional customer service. In recent years, MAR has been focusing on expanding its digital presence and enhancing its loyalty programs to meet the changing needs and preferences of its customers. The company's financial performance has been consistently strong, with revenue reaching $20.9 billion in 2019. As a leader in the hospitality industry, MAR continues to set the standard for excellence and is poised for continued growth and success in the future.