Marriott |

Marriott is a diversified hospitality company that manages and franchises a broad portfolio of hotels and related lodging facilities.

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Marriott Revenue, Funding, Number of Employees, Competitors and Acquisitions

MARRIOTT CEO

Arne M. Sorenson

President & CEO

Arne M. Sorenson

Approval Rating: 91/100

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Founded:

1927

Headquarters:

BethesdaMaryland

Status:

PublicNASDAQMAR

Industry Sector:

Hotels

Completeness:

100%

KEY STATS

Revenue

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<1M

Employees

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TOP COMPETITORS

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Marriott was founded in 1927 and its headquarters is located in Bethesda, Maryland, USA. Marriott has $22.9B in revenue and 177000 employees. Marriott's top competitors are Best Western, IHG and Wyndham.

Marriott Competitive Set

COMPANYLEADERSHIPCEO SCORE

EMPLOYEES
(ESTIMATED IF PRIVATE)

TOTAL FUNDING

REVENUE
(ESTIMATED IF PRIVATE)

LIKELY OUTCOME
MarriottMarriott ceo

Arne M. Sorenson

President & CEO

91/100
1Best Western ceoBest Western

David Kong

CEO

89/1001,254
$6B
2IHG ceoIHG

Keith Barr

CEO

66/1008,179
$1.7B
3Wyndham ceoWyndham

Stephen P. Holmes

Chairman & CEO

75/10037,800
$5.7B
4Choice Hotels ceoChoice Hotels

Patrick Pacious

President & CEO

84/1001,789
$978M
5Four Seasons ceoFour Seasons

J. Allen Smith

President & CEO

82/10051,022
$53.4B
6Hyatt ceoHyatt

Mark S. Hoplamazian

President & CEO

67/10045,000$950M$4.7B
7Hilton ceoHilton

Christopher J. Nassetta

President & CEO

84/100163,000$2.4B$9.1B
8Starwood ceoStarwood

79
$322.2M

Marriott Revenue History

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Marriott Employee History

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Marriott Leadership

NAMETITLESOCIAL MEDIA
Arne M. Sorenson
Arne M. Sorenson

President & CEO

President & CEO

Marriott Acquisitions

COMPANY ACQUIRED ACQUISITION DATEAMOUNTDESCRIPTION
Starwood Hotels & Resorts Worldwide, LLCStarwood Hotels & Resorts Worldwide, LLCNov 201512.2BStarwood owns, operates, franchises and manages hotels, resorts, spas, residences and vacation ownership properties.
Delta Hotels and ResortsDelta Hotels and ResortsJan 2015135MDelta Hotels is a hospitality firm that owns and operates a chain of hotels and resorts across Canada.
Protea HotelsProtea HotelsApr 2014186M

Marriott has acquired 3 companies.Marriott's latest acquisition was Starwood Hotels & Resorts Worldwide, LLC in Nov 2015. Starwood owns, operates, franchises and manages hotels, resorts, spas, residences and vacation ownership properties.

Marriott Funding History

Since Marriott was founded in 1927, it has participated in 1 round of funding. In total Marriott has raised $500.0M. Marriott's funding round was on Dec 2015 for a total of $500.0M

ROUNDFUNDING DATE AMOUNTINVESTORS
DebtDec 2015$500MWells Fargo Bank

Total: $

Marriott Investments

COMPANYDESCRIPTIONSTATUSINVESTMENT DATE/SOURCEROUNDEXIT DATEFOLLOW
PlacePass is a web-based search engine platform that allows users to discover and book tours and local activities.PrivateMar 20, 2017Equity

Marriott has acquired 3 companies.Marriott's latest acquisition was Starwood Hotels & Resorts Worldwide, LLC in Nov 2015. Starwood owns, operates, franchises and manages hotels, resorts, spas, residences and vacation ownership properties.

Marriott News

Press Release: Marriott : Tucson University Park Hotel to Re-Partner with MarriottTucson University Park Hotel announced today that it has entered into another 20-year franchise agreement with Marriott International, effective March 1. The hotel concluded its original 20-year franchise contract with Marriott earlier this year and was briefly converted to the Tucson University Park Hotel. Having signed a new agreement, the hotel will continue to serve the Tucson community and will once again be able to offer the benefits of the Marriott brand including Marriott Rewards.StreetInsider
Marriott: Marriott to spend $50M for ownership in former FontainebleauHotel giant Marriott International says it will spend $50 million for an ownership stake in the former Fontainebleau property on the Las Vegas Strip.Las Vegas Review-Journal
Marriott: Marriott Vacations Worldwide : Corporation Announces Quarterly Cash Dividend(4-traders.com) ORLANDO, Fla., Feb. 16, 2018 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) today announced its board of directors authorized a quarterly cash dividend of $0.40 per share of common stock. The dividend is payable on March 15, 2018 to shareholders of record as of March 1, 2018. About Marriott...http://www.4-traders.com/MARRIOTT-VACATIONS-WORLDW-9394828/news/Marriott-Vacations-Worldwide-Corporation-Announces-Quarterly-Cash-Dividend-26009863/?utm_medium=RSS&utm_content=201802164-traders
Marriott: FIRST LOOK: Downtown Marriott hotel unveils new its restaurantWalking into the Louisville Marriott Downtown's new restaurant, The Porch Kitchen & Bar, you'd never know it once housed a sports bar. The remodeled restaurant at the corner of Third and West Jefferson streets has two dining areas, a long bar that features the city's favorite liquor and giant windows that open out into Louisville's downtown. The restaurant is also across Jefferson Street from the convention center, which is being remodeled, too. David Greene, the general manager of the hotel,...The Business Journals: Louisville Business First
Marriott: Marriott Partners with Owner/Developer Jinshan Investment Group to Debut Le M&eacute;ridien Brand in MelbourneMarriott International today announced the signing of Le Méridien Melbourne, in partnership with owner and developer Jinshan Investment Group. Slated to open in 2020, the 235-room hotel will boast the brand's distinct mid-century modern approach to design and bold 'Destination Unlocked' positioning. This signing reinforces Le Méridien's dynamic global growth, following recent openings in Italy, South Korea, China and the United States, all within the last 12 months."The arrival of Le Méridien brand into Australia is a momentous move for Marriott International," said Richard Crawford, Senior Director Development, Australia, New Zealand and Pacific, Marriott International. "It comes at a perfect time. Alongside Melbourne's growing demand from domestic travellers, new international direct routes from the United States, Asia-Pacific and South America are driving continued growth in international visitation."Perfectly situated amidst art galleries, boutiques and bistros, Le Méridien Melbourne will be located near the city's cultural centre, fronting the Bourke/Spring Street tram stop and a stone's throw from Victoria's Parliament Square. The 12-story hotel converted from an existing low-rise building will draw inspiration from both the brand and the light, airy and modern nature of the coastal capital of the southeastern Australian state of Victoria.The intimate and residential hotel will transform the traditional lobby space into the brand's signature Le Méridien Hub, which evolves from a bright and fresh coffee house by day, to a sophisticated cocktail bar by night. Set amidst this thoughtfully-designed space, guests will be able to enjoy music from French Bossa Nova band Nouvelle Vague, who have curated the soundtrack for the hotel and all Le Méridien hotels across the world, as well as the intimate 70-seat bar called M Salon and 50-seat Latitude Bar, which will offer light bites and illy coffee, expertly prepared by the hotel's creative Master Barista.Le Méridien Melbourne will also feature Cuisines, a 90-seat all day dining restaurant; 210 square meter function space and three breakout rooms; a heated swimming pool and large fitness centre."We're excited to partner with Marriott International to open Le Méridien Melbourne," said Tony Chau, Project Manager, Jinshan Investment Group. "Le Méridien brand's focus on culture will provide a distinctive offering for visitors to Melbourne; it was always our intention to partner with a brand with such an exceptional point of difference. Le Méridien Melbourne will play a significant role in catering to cosmopolitan and forward-looking travellers to the city."Upon opening, Le Méridien Melbourne will join Marriott International's growing portfolio in the Pacific, with 29 hotels in operation, including four existing Le Méridien hotels; Le Méridien Tahiti, Le Méridien Bora Bora, Le Méridien Isle of Pines and Le Méridien Nouméa. It comes as part of Marriott International's commitment to open 50 hotels in Australia, New Zealand and the Pacific by the end of 2021.For more information please visit: lemeridienhotels.com or marriott.com.au.Hotel-Online
Marriott: BRIEF-Marriott's Frenchman's Cove In St. Thomas Reopens* MARRIOTT'S FRENCHMAN'S COVE IN ST. THOMAS REOPENS AFTER RECOVERY EFFORTS FROM HURRICANES IRMA AND MARIAReuters
Marriott: Lam Generation files plans for 38-story hotel in ChelseaLam Generation filed plans to build a 38-story hotel next to its Marriott-branded tower in Chelsea, according to documents filed with the city's Department of Buildings on Friday. Lam Generation, which is run by Jeffrey Lam, the son of Lam Group head John Lam, is looking to build a 360-key hotel that spans about 130,000 square feet at 113 West 24th Street, records show. The firm first announced plans to build a hotel at the [...]The Real Deal
Marriott: Five Hotel Companies Among Fortune's 100 Best Companies to Work ForFive hotel companies made the recently released 21st annual Fortune 100 Best Companies to Work For list, which is based on surveyed employee ratings of their workplace culture. Kimpton Hotels & Resorts topped the list of hospitality companies, coming in sixth place. Hyatt followed in ninth. Hilton Worldwide, Marriott International, and Four Seasons Hotels & Resorts also made the list. Fortune credited Kimpton for its "culture of inclusiveness and acceptance," noting perks like allowing most ...The post Five Hotel Companies Among Fortune's 100 Best Companies to Work For appeared first on Lodging.Lodging Magazine
Marriott: Where Marriott is putting its latest Louisville-area hotelConstruction began yesterday on a 90-room Marriott-branded hotel in New Albany, and it should be open by spring 2019. And the developers say that several suites will be marketed to cancer patients and their families. Carrollton, Ky.-based Floyd Host LLC is building the three-story Fairfield Inn & Suites by Marriott off State Street in New Albany, just south of Interstate 265 and near the Baptist Health Floyd Cancer Care Center. Lloyd Abdoo, a managing member of Floyd Host, said Friday that...The Business Journals: Louisville Business First
Marriott: Tribute Portfolio Makes New York Debut With The WickTravelDailyNewsA historic candle factory transformed into a boutique hotel for Marriott International's newest independent brand.PCMA

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Marriott Website History

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Owler has collected 17 screenshots of Marriott's website since Jan 2013. The latest Marriott website design screenshot was captured in Jan 2018.

Marriott Headquarters

undefined company logo

10400 Fernwood Rd

Bethesda, Maryland 20817

1-301-380-3000

Driving Directions

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Marriott Summary Information

Marriott International, Inc. (NASDAQ: MAR) is a diversified hospitality company that manages and franchises a broad portfolio of hotels and related lodging facilities. It is an American, publicly-held company that manages and franchises a broad portfolio of hotels and related lodging facilities. The company was founded in 1927 by J. Willard Marriott. Marriott International has more than 4,087 properties in over 80 countries and territories around the world, with over 697,000 rooms and an additional 195,000 rooms still in the development pipeline. In June, 2014, Marriott opened its 4,000th hotel, The Marriott Marquis in Washington, D. C. Marriott International was founded by John Willard Marriott in 1927 when he and his wife, Alice Sheets Marriott, opened a root beer stand in Washington, D. C. As a Mormon missionary in the humid summers in Washington, D. C., Mariott was convinced that what residents of the city needed was a place to get a cool drink. The Marriotts later expanded their enterprise into a chain of restaurants and hotels. They opened their first hotel, the Twin Bridges Marriott Motor Hotel in Arlington, Virginia, in 1957. Their second hotel, the Key Bridge Marriott in the Rosslyn neighbourhood of the same city, is Marriott International's longest continuously operating hotel, and celebrated its 50th anniversary in 2009. Marriott International was formed in 1993 when Marriott Corporation split into two companies, Marriott International and Host Marriott Corporation. In 1995, Marriott was the first hotel company in the world that offered guests the option to book reservations online, via the company's implementation of MARSHA ( Marriott's Automatic Reservation System for Hotel Accommodations). In April, 1995, Marriott International acquired a 49% interest in The Ritz-Carlton Hotel Company LLC. The partnership was solidified in 1998 when Marriott acquired a majority ownership of The Ritz-Carlton. Today, there are 81 Ritz-Carlton properties worldwide. In September, 2004, Marriott-owned Ramada International Hotels & Resorts was sold to Cendant. Marriott announced that all its lodging buildings in the US and Canada would become non-smoking beginning September, 2006. In November, 2010,Marriott announced plans to add over 600 hotel properties by 2015, the bulk of which would be in India, where it plans to have 100 properties, China and the rest of Southeast Asia. In 2013, Marriott International introduced Vacations by Marriott, the company's official travel deal website. In January, 2015, Marriott acquired Canadian hotel chain Delta Hotels which operates 40 hotels in Canada. In November, 2015, Marriott announced the acquisition of Starwood Hotels and Resorts Worldwide which is expected to be completed by mid-2016. Marriott employs more than 123,500 individuals. Its estimated annual income is pegged at $14.2 billion. Its major competitors include Choice Hotels, Hyatt, and Starwood Hotels & Resorts Worldwide. Arne M. Sorenson, President & CEO of Marriott International, Inc., has a 100% approval rating in Owler.

Marriott's President & CEO, Arne M. Sorenson, currently has an approval rating of 91%. Marriott's primary competitors are  Best Western IHG Wyndham.

Visit the Marriott website to learn more.