# Marriott International

> international hospitality company in Bethesda, Maryland, United States

**Wikidata**: [Q1141173](https://www.wikidata.org/wiki/Q1141173)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Marriott_International)  
**Source**: https://4ort.xyz/entity/marriott-international

## Summary
Marriott International is a leading global hospitality company headquartered in Bethesda, Maryland, United States. Founded by J. Willard Marriott, it operates a vast portfolio of hotel brands, including Marriott, Courtyard, and The Ritz-Carlton, and is recognized as one of the largest hotel chains worldwide. As a public company listed on the Nasdaq stock exchange, Marriott International plays a significant role in the hospitality industry, offering accommodations, food services, and travel experiences across diverse markets.

## Key Facts
- **Founded**: 1993-10-08 (as Marriott International, Inc.), succeeding Marriott Corporation.
- **Founder**: J. Willard Marriott.
- **Headquarters**: Bethesda, Maryland, United States (10400 Fernwood Rd, 20817-1102).
- **Legal Form**: Delaware corporation (LEI: 225YDZ14ZO8E1TXUSU86).
- **Stock Exchange**: Nasdaq (ticker: MAR).
- **Revenue**: $20,773,000,000 (2022), with a net profit of $2,358,000,000 (2022).
- **Employees**: 35,001 (2022).
- **Subsidiaries**: Includes Starwood, Delta Hotels, Westin Hotels & Resorts, and over 30 brands such as Courtyard by Marriott, W Hotels, and St. Regis Hotels & Resorts.
- **Brands**: Operates under 30+ brands, including Marriott Bonvoy loyalty program.
- **Industry**: Hospitality industry, tourism industry.
- **Awards**: Recipient of the 2007 BigBrotherAwards.
- **Data Breach**: Experienced a major privacy data breach in 2018 affecting 383 million guest records.
- **Membership**: Part of the S&P 500 and Nasdaq-100 indices.
- **Global Presence**: Operates in nearly 130 countries and territories.
- **Founding Year of Predecessor**: Marriott Corporation founded in 1927.

## FAQs
**What is Marriott International known for?**  
Marriott International is renowned for its extensive global portfolio of hotel brands, luxury accommodations, and the Marriott Bonvoy loyalty program, making it a dominant player in the hospitality industry.

**When and how was Marriott International established?**  
Marriott International was formed in 1993 through the restructuring of Marriott Corporation, founded by J. Willard Marriott in 1927. It is headquartered in Bethesda, Maryland.

**What are Marriott International's key subsidiaries and brands?**  
Key subsidiaries include Starwood, Delta Hotels, and Westin Hotels & Resorts. Notable brands span luxury (The Ritz-Carlton), mid-scale (Courtyard by Marriott), and boutique (W Hotels) segments.

**What significant challenges has Marriott International faced?**  
A major data breach in 2018 exposed 383 million guest records, impacting its reputation. The company also navigated a global strike in 2018 affecting multiple properties.

**How does Marriott International contribute to the economy?**  
As a public company listed on the Nasdaq, Marriott International generates substantial revenue ($20.77 billion in 2022) and employs over 35,000 people, driving economic activity in the hospitality sector.

## Why It Matters
Marriott International is pivotal in shaping the global hospitality landscape, offering diverse accommodations and experiences that cater to both leisure and business travelers. Its extensive brand portfolio and strategic acquisitions, such as Starwood, have solidified its market leadership. The company's influence extends to economic growth, employment, and cultural exchange, while its loyalty program and digital platforms enhance customer engagement. Marriott's resilience through challenges like the 2018 data breach underscores its adaptability in a competitive industry.

## Notable For
- **Global Reach**: Operates in nearly 130 countries and territories, with a presence in major cities and resort destinations.
- **Brand Diversity**: Manages over 30 brands across luxury, premium, and mid-scale segments.
- **Innovative Loyalty Program**: Marriott Bonvoy integrates rewards and personalized experiences for millions of members.
- **Strategic Acquisitions**: The 2016 acquisition of Starwood expanded its portfolio and market share.
- **Employment Opportunities**: Provides jobs for over 35,000 employees worldwide, contributing to local economies.
- **Sustainability Initiatives**: Commits to reducing environmental impact through energy-efficient practices and waste reduction programs.

## Body

### History and Evolution
Marriott International traces its roots to Marriott Corporation, founded by J. Willard Marriott in 1927. The modern entity emerged in 1993 after a restructuring, focusing on hospitality management. Key milestones include the 2016 acquisition of Starwood, which added brands like Sheraton and Westin, and the launch of the Marriott Bonvoy loyalty program in 2019.

### Organizational Structure
Headquartered in Bethesda, Maryland, Marriott International operates as a Delaware corporation (LEI: 225YDZ14ZO8E1TXUSU86). It is listed on the Nasdaq stock exchange (ticker: MAR) and is part of the S&P 500 and Nasdaq-100 indices. The company employs over 35,000 people globally and generates revenue through hotel management, franchising, and hospitality services.

### Brands and Subsidiaries
Marriott International's portfolio includes over 30 brands, such as:
- **Luxury**: The Ritz-Carlton, St. Regis Hotels & Resorts.
- **Premium**: Marriott Hotels, Sheraton, Westin.
- **Mid-Scale**: Courtyard by Marriott, Fairfield by Marriott.
- **Boutique**: W Hotels, Autograph Collection.
- **Long-Term Stay**: Residence Inn, TownePlace Suites.

Notable subsidiaries encompass Starwood, Delta Hotels, and Protea Hotels, acquired through strategic expansions.

### Financial Performance
In 2022, Marriott International reported $20.77 billion in revenue and a net profit of $2.358 billion. Operating income reached $3.462 billion, reflecting recovery from pandemic impacts. The company's financial resilience is supported by its diversified brand portfolio and global footprint.

### Challenges and Controversies
A significant data breach in 2018 exposed 383 million guest records, prompting regulatory scrutiny and reputational damage. Marriott addressed the issue through enhanced cybersecurity measures. Additionally, the company faced a global strike in 2018, affecting properties in the U.S. and Canada, which led to negotiations with labor unions.

### Cultural and Economic Impact
Marriott International influences cultural exchange and economic growth by facilitating travel and hospitality services worldwide. Its properties often incorporate local traditions, preserving cultural heritage while catering to international travelers. The company's commitment to sustainability, including energy-efficient practices and waste reduction, aligns with global environmental goals.

### Technology and Innovation
Marriott leverages technology to enhance guest experiences, including mobile check-in, digital concierge services, and personalized loyalty programs. The Marriott Bonvoy app integrates booking, rewards, and customer support, reflecting the company's focus on digital transformation in hospitality.

### Global Presence and Market Leadership
With operations in nearly 130 countries, Marriott International maintains a dominant market position. Its brands cater to diverse traveler needs, from luxury resorts to budget-friendly accommodations. Strategic partnerships and acquisitions, such as the integration of Starwood, have expanded its global reach and reinforced its leadership in the hospitality sector.

### Related Entities and Collaborations
Marriott collaborates with franchises, property owners, and travel industry partners to manage and operate hotels worldwide. Its subsidiaries, including Starwood and Delta Hotels, contribute to its brand diversity. The company also engages with organizations like the U.S. Travel Association to advocate for industry policies and promote tourism.

### Community Engagement and Sustainability
Marriott International supports community development through initiatives like the Marriott International Foundation, focusing on education and disaster relief. Its sustainability efforts, such as reducing water consumption and implementing recycling programs, demonstrate a commitment to responsible hospitality practices.

### Future Outlook
Marriott International continues to adapt to evolving travel trends, investing in technology and sustainable practices to maintain its competitive edge. With a focus on expanding its luxury and mid-scale brands, the company aims to capitalize on growing demand for unique travel experiences and flexible accommodations.

## References

1. National Library of Israel
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18. [Form 10-K. 2019](https://www.sec.gov/Archives/edgar/data/0001048286/000162828019002337/mar-q42018x10k.htm)
19. [Form 10-K. 2020](https://www.sec.gov/Archives/edgar/data/0001048286/000162828020002376/mar-q42019x10k.htm)
20. [Form 10-K. 2021](https://www.sec.gov/Archives/edgar/data/0001048286/000162828021002433/mar-20201231.htm)
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35. [Contact Us](https://www.marriott.com/marriott/contact.mi)
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