Overview of Marriott
Marriott International, Inc. is the world’s largest hotel company by number of rooms, operating, franchising, and licensing a diverse portfolio of lodging brands that include hotels, resorts, residential, and timeshare properties. The company is headquartered in Bethesda, Maryland, USA, and as of 2025, manages or franchises over 9,361 properties with 1,706,331 rooms in 144 countries and territories[4][7]. Marriott International owns more than 37 brands, including well-known names such as Marriott Hotels & Resorts, Ritz-Carlton, Sheraton, Westin, and more[4][5].
History
- Founded: 1927 by J. Willard Marriott and Alice Marriott, originally as a root beer stand called Hot Shoppes in Washington, D.C.[4]
- First Hotel: The Marriott Motor Hotel opened in Arlington, Virginia, in 1957[4][5].
- Expansion: The company expanded rapidly, entering international markets in 1969 and Europe in 1975[5].
- Corporate Evolution: In 1993, Marriott Corporation split into Marriott International (management/franchising) and Host Marriott Corporation (property ownership)[4].
- Major Acquisitions: Notable acquisitions include Renaissance Hotels and Ramada (1997), Delta Hotels (2015), Starwood Hotels & Resorts (2016), Elegant Hotels (2019), Hoteles City Express (2023), and Citizen M (2025, pending completion)[4].
- Recent Developments: In 2024, Marriott entered a long-term licensing agreement with Sonder, further expanding its room portfolio[4].
Brands and Services
Marriott’s portfolio includes a range of brands across different market segments, from luxury (Ritz-Carlton, St. Regis) to premium (Marriott Hotels & Resorts, Sheraton) to select-service and extended-stay brands (Courtyard, Residence Inn, City Express by Marriott)[4][5]. The company also operates Marriott Vacation Clubs, offering timeshare and vacation club experiences[6].
Marriott Bonvoy
Marriott Bonvoy is the company’s global loyalty program, allowing members to earn and redeem points for stays, experiences, and exclusive benefits across Marriott’s extensive network[1][2][3]. Members enjoy perks such as exclusive rates, free nights, free Wi-Fi, and mobile check-in[2].
Financials and Scale
- Revenue (2024): $25.1 billion
- Operating Income (2024): $3.77 billion
- Net Income (2024): $2.38 billion
- Employees: Approximately 418,000 (2024)[4]
- Properties: Over 9,361 properties worldwide[4][7]
Leadership
- Chairman: David Marriott (since 2022)
- CEO: Anthony Capuano (since 2021)[4]
Notable Events
- Data Breaches: Marriott faced significant data breaches in 2018 and 2020, affecting millions of guests and leading to regulatory fines and increased security measures[4].
- COVID-19 Response: The company implemented enhanced cleanliness protocols and social distancing measures during the pandemic, with global occupancy dropping as low as 31%[4].
Marriott Hotels & Resorts Brand
This is Marriott International’s flagship full-service brand, founded in 1957 and now comprising over 600 hotels and resorts globally. The brand has played a central role in the company’s growth and reputation for hospitality[5].
Summary Table
Feature | Details |
---|---|
Headquarters | Bethesda, Maryland, USA |
Number of Properties | 9,361 (2025) |
Number of Brands | 37+ |
Global Presence | 144 countries and territories |
Loyalty Program | Marriott Bonvoy |
Revenue (2024) | $25.1 billion |
Employees | 418,000 (2024) |
CEO | Anthony Capuano |
Chairman | David Marriott |
Marriott International continues to shape the global hospitality industry through its expansive portfolio, innovation, and commitment to service excellence[4][5][7].
Sources
[1] Marriott Bonvoy: 메리어트 호텔 & 리조트 예약 https://www.marriott.com/ko/default.mi
[2] Marriott Bonvoy Hotels | Book Directly & Get Exclusive Rates https://www.marriott.com/default.mi
[3] Marriott Bonvoy Moments™ https://moments.marriottbonvoy.com/en-us
[4] Marriott International – Wikipedia https://en.wikipedia.org/wiki/Marriott_International
[5] Marriott Hotels & Resorts – Wikipedia https://en.wikipedia.org/wiki/Marriott_Hotels_&_Resorts
[6] The Marriott Vacation Clubs: Timeshare Resorts and Vacation Clubs https://www.marriottvacationclubs.com/s/
[7] Marriott International | LinkedIn https://www.linkedin.com/company/marriott-international
[8] Marriott International, Inc. (MAR) Stock Price, News, Quote & History https://finance.yahoo.com/quote/MAR/
Leave a Reply