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

Marriott is a diversified hospitality company that manages and franchises a broad portfolio of hotels and related lodgin... Read more

Based on data from Marriott's latest SEC filings

Annual Revenue

Based on data from Marriott's latest SEC filings

Employees

Arne M. Sorenson's photo - President & CEO of Marriott

President & CEO

Arne M. Sorenson

CEO Approval Rating

76/100

OVERVIEW

Founded:

1927

Headquarters:

BethesdaMaryland

Status:

PublicIndependent Company of NASDAQMAR

Industry Sector:

Hotels

Resorts

SIC Code:

7011NAICS listing »

Top Competitors or Alternatives

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Competitor - 1/1

Is Wyndham a competitor of Marriott?

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Trending News for Marriott and Marriott's Competitors

January 16, 2020

Business Traveller

JW Marriott Hotel Bengaluru opens Merak lounge

This is a casual lounge for patrons to unwind and connect with the natureContinue reading JW Marriott... See more »

January 17, 2020

Focus on Travel News

Hilton Launches A New Lifestyle Brand: Tempo by Hilton

Hilton launched Tempo by Hilton, an approachable lifestyle brand curated to serve a growing segment o... See more »

January 16, 2020

MarketScreener

Hyatt Hotels : Announces Timing of Fourth Quarter 2019 Earnings Release and Investor Conference Call

(marketscreener.com) Hyatt Hotels Corporation announced today that it will release fourth quarter 201... See more »

Competitive Analysis

TOP COMPETITORS OR ALTERNATIVES

Hyatt is perceived as one of Marriott's biggest rivals. Hyatt was founded in 1957, and is headquartered in Chicago, Illinois. Like Marriott, Hyatt also competes in the Hotels space. Hyatt generates $17.6B less revenue vs. Marriott.

IHG is a top competitor of Marriott. IHG is a Public company that was founded in 2003 in Buckinghamshire, England. Like Marriott, IHG also works within the Hotels sector. Compared to Marriott, IHG has 163,188 fewer employees.

Choice Hotels is Marriott's #3 rival. Choice Hotels is headquartered in Rockville, Maryland, and was founded in 1939. Choice Hotels operates in the Hotels industry. Choice Hotels generates 4.85% the revenue of Marriott.

RANK

COMPANY

LEADERSHIP

CEO SCORE

EMPLOYEES

TOTAL FUNDING

REVENUE

Arne M. Sorenson

President & CEO

- -
176,000
$500M
$22.5B
1

Mark S. Hoplamazian

President & CEO

71/100
139,000
$950M
$9.9B
2

Keith Barr

CEO

71/100
6,587
- -
$4.3B
3

Patrick Pacious

President & CEO

68/100
1,882
- -
$1.1B
4

Christopher J. Nassetta

President & CEO

70/100
169,000
$2.4B
$9.4B
5

John Davison

President & CEO

71/100
45,000
- -
$12B
6

Geoff Ballotti

President & CEO

66/100
2,830
- -
$361.6M
7

Sebastien Bazin

Chairman & CEO

70/100
24,863
- -
$6M
8

David Kong

President & CEO

72/100
1,254
- -
$6B
9

James Riley

CEO

71/100
10,000
- -
$1.4B
10

Peter Rieks

General Manager

65/100
198
- -
$30M
The top 10 competitors in Marriott's competitive set are Hyatt, IHG, Choice Hotels, Hilton, Four Seasons, Wyndham, AccorHotels, Best Western, Mandarin Oriental and Maritim Antonine Hotel & Spa. Together they have raised over 3.3B between their estimated 319.9K employees. Marriott has 176,000 employees and is ranked 1st among it's top 10 competitors. The top 10 competitors average 52,419.

Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$22.5B

Marriott's revenue is the ranked 1st among it's top 10 competitors. The top 10 competitors average 6.1B. Over the last three quarters, Marriott's revenue has grown by 5.8%. Specifically, in Q3 2019's revenue was $8.5B; in Q2 2019, it was $8.7B; in Q1 2019, it was $8B.

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Elegant Hotels Group

Oct 2019

Source »
$130.1M
Elegant Hotels owns and operates a chain of hotels that offers dining and lodging services for individuals and families.

-

-

Oct 2019

Source »
$206M
-
Starwood Hotels & Resorts Worldwide, LLC

Nov 2015

Source »
$12.2B
Starwood owns, operates, franchises and manages hotels, resorts, spas, residences and vacation ownership properties.

-

-

Jan 2015

Source »
$135M
-
Protea Hotels

Apr 2014

Source »
$186M
-

These are all the companies that Marriott has acquired. Marriott has acquired 5 companies and its latest acquisition was Elegant Hotels Group in Oct 2019. Elegant Hotels owns and operates a chain of hotels that offers dining and lodging services for individuals and families.

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

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Dec 2015
$500M

Total Funding: $500M

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

Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Groups360 develops a SaaS-based platform that provides hospitality and event management solutions for corporate organizations.
$50M
Aug 18, 2019
Equity
-
PlacePass is a web-based search engine platform that allows users to discover and book tours and local activities.
-
Mar 20, 2017
Equity
-

These are all the companies that Marriott has invested in. Marriott has invested 5 companies and its latest investment was Elegant Hotels Group in Oct 2019. Elegant Hotels owns and operates a chain of hotels that offers dining and lodging services for individuals and families.

Marriott News

January 17, 2020Skift

What This Minor Vs. Marriott Lawsuit Reveals About the Hotel Biz

Minor is a step closer to getting its case against Marriott heard in a Thai court, probably a nightma... See more »
January 17, 2020Seeking Alpha

A 10-Year, Full-Cycle Analysis

See more »
January 17, 2020The Business Journals: Minneapolis/St. Paul

Minneapolis' newest hotel is home-run distance from Target Field (gallery)

A new hotel just footsteps from Target Field is taking reservations starting on Jan. 24. The Element ... See more »
January 17, 2020Hotel Management Magazine

4 hotels open in Texas

A TownePlace Suites by Marriott, a Fairfield by Marriott Inn & Suites, a Virgin Hotel and a Hyatt Pla... See more »
January 16, 2020Business Insider

The Amex Platinum gets you automatic elite status at Marriott and Hilton - here's what that unlocks at thousands of hotels around the world

Crystal Cox/Business InsiderIf you have the Platinum Card® from American Express, you can get complim... See more »
January 16, 2020MarketScreener

True Spec Golf Selected As Club Fitter For Marriott Golf Academy In Palm Desert, Calif.

(marketscreener.com) PALM DESERT, Calif., Jan. 16, 2020 /PRNewswire/ -- After a comprehensive search,... See more »
January 16, 2020Commercial Property Executive

New Residence Inn in California Receives $41M Loan

Sonnenblick-Eichner has arranged mortgage financing for the extended-stay hotel in Walnut Creek that ... See more »

Marriott Blogs

April 28, 2016Marriott Blog

Real Passion, Real Food

One of my favorite things to do when I visit hotels is sample their menu. I love that each hotel has ... See more »
April 28, 2016Marriott Blog

My First Twitter Chat

Well I guess I've officially arrived in the 21st century. In February I participated in my first ever... See more »
April 28, 2016Marriott Blog

Go. Be. Happy.

My wife Donna and me with our grandchildren and great grandchildren. ©Gale Frank-Adise, All righ... See more »
December 14, 2015Marriott Blog

Animating History

By now you may have heard the story ... in 1927 my parents started a root beer stand in Washington, D... See more »
December 3, 2015Marriott Blog

Inspired Leadership

In a thoughtful break from my favorite detective novels, I decided to read some more about American h... See more »
November 16, 2015MARRIOTT BLOG

World's Favorite-And Now Largest-Travel Company

I can't quite imagine what my parents would have thought today. A business they started as a root bee... See more »
November 3, 2015MARRIOTT BLOG

Seeing the Ability and the Promise

The greatest heartache of my life was losing my son, Stephen, in June 2013. From the time he was a te... See more »

Marriott Press Releases

January 10, 2020WebWire

Marriott International Signs Agreement With Fibra Inn To Bring The W Hotels Brand To Playa Del Carmen, Mexico

Marriott International, Inc. (NASDAQ: MAR) announced that it has signed an agreement with Fibra Inn (... See more »
January 9, 2020PR Newswire

The Westin New Orleans Unveils $30 Million Renovation

NEW ORLEANS, Jan. 9, 2020 /PRNewswire/ -- The Westin New Orleans is pleased to announce the completio... See more »
January 7, 2020ForImmediateRelease

San Francisco Marriott Marquis Welcomes New Director of Operations

San Francisco Marriott Marquis, the iconic South of Market hotel, is pleased to announce the appointm... See more »
January 3, 2020Thailand Press Release News

MICHELIN STAR CHEF ANDREA CANNALIRE AT ROSSINIS

Sheraton Grande Sukhumvit, a Luxury Collection Hotel, Bangkok, on January 17 and 18, Rossini#s welcom... See more »
December 31, 2019Hotel Business Review

Marriott International Signs With Asset World Corporation for Three Hotels in Thailand

See more »
December 31, 2019Hotel Business Review

Marriott International Purchases W New York - Union Square to Create W Brand's Next-Generation Flagship in North America

See more »
December 25, 2019ForImmediateRelease

Park Hotels & Resorts Inc. Announces the Sale of the Le Meridien New Orleans

Business News first on FIR: TYSONS, Va.-(BUSINESS WIRE)-Park Hotels & Resorts Inc. ("Park") (NYSE:PK)... See more »

Marriott Videos

October 25, 2019Marriott International, Inc Youtube Channel

"Masters of the Craft | The Ultimate Food+Beverage Competition" on YOUTUBE

See more »
October 22, 2019Marriott International, Inc Youtube Channel

"Marriott International Corporate Internship Program | 2019" on YOUTUBE

See more »
October 21, 2019Marriott International, Inc Youtube Channel

"Brijae on TakeCare" on YOUTUBE

See more »
October 18, 2019Marriott International, Inc Youtube Channel

"Rising Stars 2019" on YOUTUBE

See more »
October 18, 2019Marriott International, Inc Youtube Channel

"Fragrances Bar, a Sensory Experience" on YOUTUBE

See more »
October 18, 2019Marriott International, Inc Youtube Channel

"Marriott Voyage: Developing Future Leaders" on YOUTUBE

See more »
October 8, 2019Marriott International, Inc Youtube Channel

"Meet Mary Jiang" on YOUTUBE

See more »

Social Statistics

Headquarters

10400 Fernwood Road

Bethesda, Maryland20817

1-301-380-3000

Driving Directions »

Trending Companies

Summary

ABOUT

Overview

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 portfo...

CEO

Marriott's President & CEO, Arne M. Sorenson, currently has an approval rating of 76%. Marriott's primary competitors are Hyatt, IHG & Choice Hotels.

Website

marriott.com

Frequently Asked Questions about Marriott

  1. When was Marriott founded?

    Marriott was founded in 1927

  2. Who is Marriott's CEO?

    Marriott's CEO is Arne M. Sorenson

  3. How much revenue does Marriott generate?

    Marriott generates $22.5B in revenue

  4. How much funding does Marriott have?

    Marriott has historically raised $500M in funding

  5. Where is Marriott's headquarters?

    Marriott's headquarters is in Bethesda Maryland, USA

  1. How many employees does Marriott have?

    Marriott has 176,000 employees

  2. What sector does Marriott operate in?

    Marriott is in Hotels, Resorts

  3. Who are Marriott's competitors?

    Marriott's top competitors are Hyatt, IHG, Choice Hotels

  4. Who has Marriott invested in?

    Marriott's has invested in companies such as Groups360, PlacePass
Stay up-to-date with the latest news on Marriott