Marriott International

Industry Hospitality, Tourism

Founded

Washington, D.C., U.S. (May 15, 1927)

Headquarters

Bethesda, Maryland, United States

Area served

Worldwide

Key people

J. W. "Bill" Marriott, Jr.Chairman and CEO William J. Shaw Vice Chairman Arne M. Sorenson President and COO

Products

Hotels, resorts

Revenue

US$ 13.3 billion (2008)

Net income

US$ 696 million (2008)

Employees

151,000 (2008)[1]

Website

marriott.com

About Marriott: Marriott International, Inc. (NYSE: MAR) is a worldwide operator and franchisor of a broad portfolio of hotels and related lodging facilities. Founded by J. Willard Marriott, the company is now led by son J.W. (Bill) Marriott, Jr. Today, Marriott International has about 3,150 lodging properties located in the United States and 68 other countries and territories. Marriott's operations are grouped into the following five business segments:

a. Full-service lodging - 65% b. Select-service lodging - 11% c. Extended-stay lodging - 5% d. Timeshare - 15% e. Synthetic fuel - 4% (primarily a tax shelter)

History Marriott was founded by J. Willard Marriott in 1927 when he and his wife opened a root beer stand in Washington D.C. As a Mormon missionary in the sweltering, humid summers in Washington D.C, Marriott was convinced that what the city needed was a such a place to get a cool drink. They later expanded their enterprises into a chain of restaurants and hotels. The Key Bridge Marriott in Arlington, Virginia is Marriott Internationals longest operating hotel, and celebrated its 50th anniversary in 2009. Their son and current Chairman and Chief Executive Officer, J.W. (Bill) Marriott, Jr. has led the company to spectacular worldwide growth. Today, Marriott International has about 3,400 lodging properties located in the United States and 67 other countries and territories. Edwin D. Fuller is the current President and Managing Director of International Lodging for Marriott International. Marriott International was formed in 1992 when Marriott Corporation split into two companies, Marriott International and Host Marriott Corporation.

In 2002 Marriott International began a major restructuring by spinning off many Senior Living Services Communities (which is now part of Sunrise Senior Living) and Marriott Distribution Services, so that it could focus on hotel ownership and management. The changes were completed in 2003. In April 1995, Marriott International acquired a 49% interest in the Ritz-Carlton Hotel Company LLC.[9] Marriott International believed that it could increase sales and profit margins at the Ritz, a troubled chain with a significant number of properties either losing money or barely breaking even. The cost of Marriott's initial investment was estimated to be about $200 million in cash and assumed debt. The next year, Marriott spent $331 million to take over the Ritz-Carlton Atlanta and buy a majority interest in two properties owned by William Johnson, a real estate developer who had purchased the Ritz-Carlton Boston in 1983 and expanded his Ritz holdings over the next twenty years. The Ritz began expansion into the lucrative timeshare market among other new initiatives made financially possible by the deep pockets of Marriott, which also lent its own in-house expertise in certain areas. There were other benefits for Ritz-Carlton flowing from its relationship with Marriott, such as being able to take advantage of the parent company's reservation system and buying power. The partnership was solidified in 1998 when Marriott boosted its interest in Ritz-Carlton to 99 percent. By 1999 revenues from the 35 hotels it operated around the world totaled about $1.4 billion. Marriott International owned Ramada International Hotels & Resorts until its sale on September 15, 2004 to Cendant. It is the first hotel chain to serve food that is completely free of trans fats at all of its North American properties. In 2005, Marriott International and Marriott Vacation Club International comprised two of the 53 entities that contributed the maximum of $250,000 to the second inauguration of President George W. Bush. On July 19, 2006, Marriott announced that all lodging buildings they operate in the United States and Canada would become non-smoking beginning September 2006. "The new policy includes all guest rooms, restaurants, lounges, meeting rooms, public space and employee work areas."

On November 11, 2010, Announced plans to add over 600 hotel properties by 2015, the bulk of the additions will be in the emerging markets of India, where it plans to have 100 hotel properties and other countries include China and Southeast Asia.

Marriott brands Full Service Lodging

Marriott Hotels & Resorts JW Marriott Hotels & Resorts Renaissance Hotels Ritz-Carlton BULGARI Hotels & Resorts Autograph Collection Hotels & Resorts EDITION Hotels Marriott Conference Centers

Select service lodging

Courtyard by Marriott Fairfield Inn by Marriott SpringHill Suites by Marriott AC Hotels by Marriott

Extended stay lodging

Marriott ExecuStay Residence Inn by Marriott TownePlace Suites by Marriott Marriott Executive Apartments

Timeshare
Marriott Vacation Club International (MVCI) Marriott Grand Residence Club The Residences at the Ritz-Carlton

The Ritz-Carlton Destination Club

Marriott in India
1. Courtyard Ahmedabad: Courtyard by Marriott Ahmedabad is located in Gujarat's commercial capital with an easy access to one of India's fastest growing business districts, the S.G. Highway. It is also located within close proximity to the domestic and international airport.

2. Renaissance Bangalore High Grounds Hotel

3. JW Marriott Hotel Bangalore: The newest luxury address in the garden city, JW Marriott Bengaluru is ideally located for business and entertainment with its close proximity to many FORTUNE 500 companies as well as the city's most premium shopping arcade, The Collection, UB City

4. JW Marriott Hotel Chandigarh: First luxury Marriott hotel in North India, JW Marriott Chandigarh is centrally located and well connected, just 15 minutes from the

Airport

and

close

proximity

to

the

Business

District

and

IT

Park.

5. JW Marriott Hotel Chennai:

6. Courtyard Chennai, India: Courtyard by Marriott Chennai hotel is located just 20 minutes from Chennai airport, close to the US consulate, IT and Manufacturing Corridor.

7. Courtyard Gurgaon: Courtyard by Marriott, Gurgaon is strategically located in Gurgaon close to the New Delhi Airport. Gurgaon is an evolving commercial and shopping hub of the National Capital Region (NCR). The close proximity from Expressway provides non-stop connectivity

8. Hyderabad Marriott Hotel & Convention Centre: Located in the heart of the city, Hyderabad Marriott Hotel & Convention Center is in proximity to business and shopping hubs. The hotel has easy access to the US Consulate, HICC, Hitech City and also SalarJung Museum, Charminar, Golkonda, Laad Bazaar.

9. Courtyard Hyderabad: Located in the heart of the city, Courtyard by Marriott, Hyderabad is in proximity to business and shopping hubs. The hotel has easy access to the US Consulate, HICC, Hitech City and also SalarJung Museum, Charminar, Golkonda, Laad Bazaar

10. Jaipur Marriott Hotel: The hotel is located in close proximity to the city and airport, amidst the upcoming business district of the Pink City. A favorite destination for weddings and conventions, Jaipur is also part of the famous Golden triangle circuit.

11. Lakeside Chalet, Mumbai - Marriott Executive Apartments: Situated on the North side of the city,the Lakeside Chalet Marriott Executive Apartments is perfectly positioned in close proximity to both domestic and international airports, and is easily accessible to business centres and major attractions

12. JW Marriott Hotel Mumbai: The JW Marriott Hotel Mumbai stands proud and grand directly on Juhu beach in North Mumbai, India

13. Renaissance Mumbai Convention Centre Hotel : Situated on the north side of the city, the Renaissance Mumbai Convention Centre Hotel is perfectly positioned in close proximity to both Mumbai domestic and international airports, and is easily accessible to business centres and major attractions.

14. Courtyard Mumbai International Airport: Courtyard by Marriott Mumbai International Airport is located in the heart of the central business hub of North

Mumbai. Conveniently located from the International Airport (2. 5 kms), Domestic Airport (3.5 kms) and Western Express Highway (2 kms).

15. Goa Marriott Resort & Spa: The resort lies at the secluded edge of the Miramar beach offering stunning views of the Arabian Sea. Located in the heart of Panaji, Goa's historic capital & main commercial hub, it offers easy access to all tourist attractions & business districts.

16. Pune Marriott Hotel & Convention Centre: Pune Marriott Hotel & Convention Centre hotel is conveniently located close to the Pune airport and the Pune Mumbai express highway.

17. Courtyard Pune Hinjewadi: Our Hinjewadi hotel is strategically located in the heart of Pune's IT hub, right off the Mumbai-Pune Expressway and just 45 minutes from the airport.

18. Courtyard Pune City Centre: Courtyard by Marriott Pune City Centre is centrally located with close proximity to the Airport, Railway Station, IT parks and some well known shopping malls in the city. Our Hotel is located in the heart of the city at Bund Garden road.