Marriott International (NASDAQ:MAR) (NASDAQ: MAR) is a leading global hospitality company that develops and operates a broad portfolio of hotels, residential properties and timeshare resorts. Through its mix of managed and franchised properties, the company provides guests with lodging and related services across a wide range of market segments, from luxury and full service to select service and extended stay. Marriott’s business model combines property ownership, third-party management agreements and franchise arrangements to maximize scale and brand consistency.
The company’s brand portfolio includes renowned names such as The Ritz-Carlton, St. Regis, JW Marriott, W Hotels, Renaissance, Marriott Hotels, Sheraton, Westin, Courtyard and Fairfield Inn, among others. These brands span luxury, premium, select service and longer-stay categories, allowing Marriott to cater to corporate travelers, leisure guests, and groups. Marriott Bonvoy, the company’s loyalty program, connects this diverse system by offering members points, experiences and benefits redeemable across properties worldwide.
Marriott traces its roots to 1927, when J. Willard Marriott and his wife, Alice, opened a nine-seat root beer stand in Washington, D.C., which evolved into the first Marriott hotel in 1957. The company went public in 1953 and expanded rapidly throughout the latter half of the 20th century. A significant milestone came in 2016, when Marriott completed its merger with Starwood Hotels & Resorts, creating one of the world’s largest and most geographically diverse lodging companies.
Today, Marriott International serves guests across more than 130 countries and territories, with properties in urban centers, resort destinations and emerging markets. Under the leadership of CEO Anthony Capuano, the company continues to focus on innovation in digital platforms, sustainability initiatives and strategic growth through new brand introductions and selective acquisitions. Marriott remains committed to delivering quality experiences to both owners and guests around the globe.
