Team C Ashley Groggins, Rona Smart, Cristi Lingris, Hyungil Kim, Ryan Starkweather, Nicole Berz What comes to mind when you hear or see Marriott? Question I am Marriott MarriottNews. (Producer). (2009, May 26). I am Marriott. Video retrieved on October 9, 2011 from http://www.youtube.com/watch?v=YUxIxjPPfIc Marriott International is a great place to work, as evidenced by Agenda 3. Culture & Corporate Social Responsibility 2. Competitors & Competitive Advantage 1. Business & Performance 1. Business & Performance Key Facts Founded: Washington D.C. 1926 Employees: 129,000 World Wide Operator & Franchiser - U.S. and 70 other countries and territories - 3,545 lodging properties worldwide, with 618,104 rooms - 2,043 furnished corporate housing rental units Total Revenue: US $11.69 Billion 1. Business & Performance Datamonitor 360. (n.d.) Marriott Company Overview. Retrieved on September 30, 2011 from http://360.datamonitor.com.proxy2.cl.msu.edu/Product?pid=A60E65CA-A952-42A7-A580-B3C707CEF91F Major Brands 1. Business & Performance Our brands. (2011). Marriott Corporate Website. Retrieved on September 22, 2011 from http://www.marriott.com/corporateinfo/glance.mi Business Performance 2008 2009 2010 2008 2009 2010 (Millions, U.S. Dollar) 1. Business & Performance Mergent Online. (n.d.) Marriott Company Details. Retrieved on September 22, 2011 from http://www.mergentonline.com.proxy1.cl.msu.edu/companydetail.php?compnumber=94547&pagetype=synopsis Revenue by Business Segment 2010 (US$ Milli on) Change from 200 9 Total Revenue 11,691 7.2% increase North America Full 5,108 5.4% increase North America Lim ited 2,149 8.2% increase International 1,245 8.7% increase Luxury 1,563 10.6% increase Timeshare 1,546 7.4% increase Revenue by Business Segment (Reported 12/31/2010) 1. Business & Performance Mergent Online. (n.d.) Marriott Company Financials. Retrieved on September 22, 2011 from http://www.mergentonline.com.proxy1.cl.msu.edu/companyfinancials.php?compnumber=94547 Key Financials (SEC Filings) 2008 2009 2010 Total Assets 8,903 7,933 8,983 Total Liabilities 7,523 6,791 7,398 Debt/Asset Ratio 84.50% 85.60% 82.40% Revenue per Employee $88,821 $79,620 $90,628 (Millions, U.S. Dollar) 1. Business & Performance Datamonitor 360. (n.d.) Marriott Business Description. Retrieved on September 30, 2011 from http://360.datamonitor.com.proxy2.cl.msu.edu/Product?pid=A60E65CA-A952-42A7-A580-B3C707CEF91F 2. Competitors & Competitive Advantage Ranked Competitors by Industry Lodgings Hotels, Resorts, Cruise Lines Hotels, Restaurant s, Casinos Mergent Public Rank 1 Marriott International Marriott International McDonalds Corp Walt Disney 2 African Sun Limited African Sun Limited Marriott International Loews Corp 3 Accor SA Accor SA Starbucks Marriott International 4 Las Vegas Sands Corp Las Vegas Sands Corp Intercontinental Hotels Starwood Hotels & Resorts 5 MGM Resorts International Royal Caribbean Cru ises Hilton Worldwide Host Hotels & Resorts 2. Competitors & Competitive Advantage Mergent Online. (n.d.) Marriott Competitors. Retrieved on September 26, 2011 from http://www.mergentonline.com.proxy1.cl.msu.edu/competitors.php?compnumber=94547 Factiva. (n.d.) Marriott International Competitors. Retrieved on October 3, 2011 from http://global.factiva.com.proxy2.cl.msu.edu/pcs/default.aspx FORTUNE 500 Hotels, Resort & Casinos Industries Rank Company Fortune 500 rank 1 Marriott 213 2 Hannahs Entertainment 264 3 MGM Mirage 360 4 Starwood Hotels & Resorts 438 5 Las Vegas Sands 456 2. Competitors & Competitive Advantage Fortune 500: Our annual ranking of Americas largest corporations. (2011). CNN Money. Retrieved on September 28, 2011 from http://money.cnn.com/magazines/fortune/fortune500/2011/index.html Comparison Among Top Competitors
Marriott Accor Starwood Inter- continental Total Revenue 11,691 5,948 5,071 1,538 Net Income 458 3,600 477 280 Earnings per Share 1.26 15.94 2.61 0.97 Employees 129,000 145,000 145,000 7,556 2. Competitors & Competitive Advantage Mergent Online. (n.d.) Marriott Competitors. Retrieved on September 26, 2011 from http://www.mergentonline.com.proxy1.cl.msu.edu/competitors.php?compnumber=94547 Strengths & Opportunities Technical innovations Higher brand recognition Global presence Diversified brand portfolio Strengths Strong growth in emerging markets Hospitality market in U.S. improving Brand expansion Opportunitie s Competitiv e Advantage 2. Competitors & Competitive Advantage Datamonitor 360. (n.d.) Marriott SWOT Analysis. Retrieved on October 3, 2011 from http://360.datamonitor.com.proxy2.cl.msu.edu/Product?pid=A60E65CA-A952-42A7-A580-B3C707CEF91F&view=SWOTAnalysis Global Growth as Competitive Advantage By 2015, 120 hotels (double its presence) By 2015, from 12 to 100 hotels By 2015, 50 hotels (environmentally- friendly) By 2015, 360 hotels (double its presence) 2. Competitors & Competitive Advantage Find your world: Marriotts signature. (2010). Marriott 2010 annual report. Retrieved on September 27, 2011 from http://investor.shareholder.com/MAR/marriottAR10/signature/index.html Shareholder Value & Stock Price 2008 2009 2010 Earnings per Share 1.02 (0.97) 1.26 Return on Investment 17% -4% 18% Return on Equity 25% -28% 34% 2. Competitors & Competitive Advantage Thomson One: Investext (n.d.) Marriott International Company Overview. Retrieved on September 30, 2011 from https://www.thomsonone.com/Workspace/Main.aspx?View=Action%3dOpen&BrandName=&IsSsoLogin=True Shareholder Returns & Comparison 2. Competitors & Competitive Advantage Investor relations. (2011). Marriott Corporate Website. Retrieved on September 22, 2011 from http://investor.shareholder.com/mar/default.cfm 3. Culture & Corporate Social Responsibility Core Values: "Spirit to Serve" Spirit to Serve Our Associates Our Communities Our Guests 3. Culture & Corporate Social Responsibility Core Values Take care of your employees and theyll take care of your guests J.W. Marriott - Founder Staff Incentives Reduced Rates Educational Assistance Formal Recognition Program Our Associates 3. Culture & Corporate Social Responsibility Why Marriott? (2011). Marriott Corporate Website. Retrieved on September 22, 2011 from http://www.marriott.com/careers/CareerPaths-hotel-employeee-benefits.mi Core Values: "Spirit to Serve" Our Communities Actively involved with the communities in which they reside Activities Habitat for Humanity Hurricane Katrina Feeding America Children's Miracle Network 3. Culture & Corporate Social Responsibility Environment. (2011). Marriott Corporate Website. Retrieved on September 22, 2011 from http://www.marriott.com/corporate-social-responsibility/corporate-environmental-responsibility.mi Core Values: "Spirit to Serve" Our Guests Utilizing technology to keep guests satisfied with their experience Technological Initiatives Marriott Automated Reservation System for Hotel accommodations (MARSH) Property Guest Object Oriented System (Pgoos)
3. Culture & Corporate Social Responsibility Datamonitor 360. (n.d.) Marriott SWOT Analysis. Retrieved on October 3, 2011 from http://360.datamonitor.com.proxy2.cl.msu.edu/Product?pid=A60E65CA-A952-42A7-A580-B3C707CEF91F&view=SWOTAnalysis JD Power Customer Satisfaction 3. Culture & Corporate Social Responsibility North America hotel ratings: Luxury (2011). JD power: Travel: North America hotel ratings. Retrieved on September 28, 2011 from http://www.jdpower.com/travel/ratings/north-america-hotel-ratings/luxury/ Business Values 1) Commitment to Human Rights
2) Ethical and Legal Standards
3) Working with Suppliers
4) Helping Our Workforce Grow How We Do Business Is As Important As The Business We Do 3. Culture & Corporate Social Responsibility Why Marriott? (2011). Marriott Corporate Website. Retrieved on September 22, 2011 from http://www.marriott.com/careers/CareerPaths-hotel-employeee-benefits.mi Fortune 100 Best Employers Rank Company 70 SC Johnson 71 Marriott 72 Microsoft 73 PricewaterhouseCoopers 74 Nordstrorm 3. Culture & Corporate Social Responsibility 100 best companies to work for. (2011). CNN Money. Retrieved on September 28, 2011 from http://money.cnn.com/magazines/fortune/bestcompanies/2011/snapshots/71.html Accomplishments Society & Environment Climate Counts Ranks Marriott Tops in the Hospitality Sector
Marriott Headquarters Receives Gold Medal for Green Buildings
Marriott UK Hotels #7 on Sunday Times Best Green Companies and Best for Employee Environmental Engagement Lists.
2010 worldwide charitable contributions totaled $34.6 million from donations of cash and volunteer time 3. Culture & Corporate Social Responsibility Environment. (2011). Marriott Corporate Website. Retrieved on September 22, 2011 from http://www.marriott.com/corporate-social-responsibility/corporate-environmental-responsibility.mi Goals Further reduce energy and water consumption by 25 percent per available room by 2017
Create green construction standards for hotel developers and green our multi-billion dollar supply chains
Educate associates and guests to support the environment
Invest in innovative conservation initiatives including rainforest protection and water conservation Continuous Improvement 3. Culture & Corporate Social Responsibility Environment. (2011). Marriott Corporate Website. Retrieved on September 22, 2011 from http://www.marriott.com/corporate-social-responsibility/corporate-environmental-responsibility.mi -Team C In closing, we believe Marriott International is a great place to work, as evidenced by Marriotts 1. Business & Performance 2. Competitors & Competitive Advantage 3. Culture & Corporate Social Responsibility Presentation and References with live links can be found on the Linked In profiles of all group members. References Datamonitor 360. (n.d.) Marriott Business Description. Retrieved on September 30, 2011 from http://360.datamonitor.com.proxy2.cl.msu.edu/Product?pid=A60E65CA-A952-42A7-A580- B3C707CEF91F Datamonitor 360. (n.d.) Marriott Company Overview. Retrieved on September 30, 2011 from http://360.datamonitor.com.proxy2.cl.msu.edu/Product?pid=A60E65CA-A952-42A7-A580- B3C707CEF91F Datamonitor 360. (n.d.) Marriott SWOT Analysis. Retrieved on October 3, 2011 from http://360.datamonitor.com.proxy2.cl.msu.edu/Product?pid=A60E65CA-A952-42A7-A580- B3C707CEF91F&view=SWOTAnalysis Environment. (2011). Marriott Corporate Website. Retrieved on September 22, 2011 from http://www.marriott.com/corporate-social-responsibility/corporate-environmental- responsibility.mi Factiva. (n.d.) Marriott International Company Information. Retrieved on September 22, 2011 from http://global.factiva.com.proxy2.cl.msu.edu/pcs/default.aspx Factiva. (n.d.) Marriott International Competitors. Retrieved on October 3, 2011 from http://global.factiva.com.proxy2.cl.msu.edu/pcs/default.aspx Financial statements. (2010). Marriott 2010 annual report. Retrieved on September 27, 2011 from http://investor.shareholder.com/MAR/marriottAR10/financials/financial_statements/index.ht ml Find your world: Marriotts signature. (2010). Marriott 2010 annual report. Retrieved on September 27, 2011 from http://investor.shareholder.com/MAR/marriottAR10/signature/index.html Fortune 500: Our annual ranking of Americas largest corporations. (2011). CNN Money. Retrieved on September 28, 2011 from http://money.cnn.com/magazines/fortune/fortune500/2011/index.html Investor relations. (2011). Marriott Corporate Website. Retrieved on September 22, 2011 from http://investor.shareholder.com/mar/default.cfm References (cont.) MarriottNews. (Producer). (2009, May 26). I am Marriott. Video retrieved on October 9, 2011 from http://www.youtube.com/watch?v=YUxIxjPPfIc Mergent Online. (n.d.) Marriott Company Details. Retrieved on September 22, 2011 from http://www.mergentonline.com.proxy1.cl.msu.edu/companydetail.php?compnumber=94 547&pagetype=synopsis Mergent Online. (n.d.) Marriott Competitors. Retrieved on September 26, 2011 from http://www.mergentonline.com.proxy1.cl.msu.edu/competitors.php?compnumber=9454 7 Mergent Online. (n.d.) Marriott Company Financials. Retrieved on September 22, 2011 from http://www.mergentonline.com.proxy1.cl.msu.edu/companyfinancials.php?compnumber =94547 North America hotel ratings: Luxury (2011). JD power: Travel: North America hotel ratings. Retrieved on September 28, 2011 from http://www.jdpower.com/travel/ratings/north-america-hotel- ratings/luxury/ Our brands. (2011). Marriott Corporate Website. Retrieved on September 22, 2011 from http://www.marriott.com/corporateinfo/glance.mi Quarterly financial data. (2010). Marriott 2010 annual report. Retrieved on September 27, 2011 from http://investor.shareholder.com/MAR/marriottAR10/financials/quarterly_financial_data/i ndex.html Thomson One: Investext (n.d.) Marriott International Company Overview. Retrieved on September 30, 2011 from https://www.thomsonone.com/Workspace/Main.aspx?View=Action%3dOpen&BrandNa me=&IsSsoLogin=True Why Marriott? (2011). Marriott Corporate Website. Retrieved on September 22, 2011 from http://www.marriott.com/careers/CareerPaths-hotel-employeee-benefits.mi 100 best companies to work for. (2011). CNN Money. Retrieved on September 28, 2011 from http://money.cnn.com/magazines/fortune/bestcompanies/2011/snapshots/71.html