Marriott International Inc Company Profile - Marriott International Inc Overview (2024)

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What is the company profile of Marriott International? ›

Marriott International, Inc. is an American multinational company that operates, franchises, and licenses lodging brands that include hotel, residential, and timeshare properties. Marriott International owns over 30 hotel and timeshare brands with 8,785 locations and 1,597,380 rooms across its network.

Founded almost 100 years ago, today Marriott International is the world's largest and most global lodging company. When you work with Marriott, you have the world's leading travel company behind you, every step of the way.

1993 Newlyweds J. Willard and Alice S. Marriott, along with business partner Hugh Colton, open the first A&W root beer franchise in Washington, D.C. 1993 In 1993, Marriott Corporation splits its stock and forms two separate companies: Host Marriott Corporation and Marriott International, Inc.

Creating and enabling unsurpassed vacation and leisure experience. To retain customers, Marriott International goes an extra mile to provide the customer with a vacation experience that is their money's worth. They do so by creating a vacation experience and hotel experience full of comfort and enjoyment.

Our core values make us who we are. As we change and grow, the beliefs that are most important to us stay the same—putting people first, pursuing excellence, embracing change, acting with integrity and serving our world. Being part of Marriott International means being part of a proud history and a thriving culture.

The company is headquartered in Toronto, Canada. International Hotel Licensing Company SARL owns and manages the shares and interests of the Marriott hotel chain.

With 8,000 properties and 1,423,044 rooms throughout 131 countries and territories, it has 30 brands. 2,149 of these 8,000 hotels are run by Marriott, while 5,493 are run by third parties under franchising agreements. Marriott was the first hotel chain to implement online reservation system.

Offering the most powerful portfolio in the industry, our more than 30 leading brands and nearly 8,800 properties in 139 countries and territories give people more ways to connect, experience and expand their world.

What is Marriott's Mission Statement? Marriott International does not have a mission statement; rather, we have a vision statement which is "To be the World's Favorite travel Company."

What is Marriott's motto? ›

For over 80 years, the simple motto “People first” has been the foundation of Marriott's corporate culture and success.

Marriott International became a publicly traded company in 1953.

Given Marriott International's large portfolio of properties, it comes as no surprise that the hotel brand accounted for over 8.7 thousand hotels across the globe in 2023. The number of Marriott International hotels worldwide has more than doubled over the past decade.

Marriott International's business strategy includes implementing the Group Pricing Optimizer to improve hotel profitability and enhance the sales process.

Anthony Capuano is President and CEO of Marriott International, Inc. In his role, Mr. Capuano presides over the world's largest hospitality company and some of the most iconic brands in travel. The company now has nearly 8,800 properties across 139 countries and territories and over 30 brands.