Marriott International Inc-MD (MAR)

Overview

Marriott International, Inc. is a global leader in the hospitality industry, with a comprehensive portfolio spanning various segments of lodging and residential properties. Founded in 1927 with a single hotel, the company has grown into a worldwide phenomenon, rooted in Bethesda, Maryland. Marriott's business model encompasses the operation, franchising, and licensing of its vast array of properties. Its brand footprint is expansive, covering luxury, premium, and select service segments, and providing a myriad of choices for travelers and residents alike. Over the decades, Marriott has solidified its place at the forefront of the hospitality industry, renowned for its commitment to excellence, innovation, and customer satisfaction.

Products and Services

• Hotels and Resorts: The core of Marriott's offerings is its diverse range of hotel and resort brands, including JW Marriott, Ritz-Carlton, W Hotels, and Sheraton, among others. These establishments cater to a broad spectrum of guests, from luxury seekers to budget-conscious travelers, ensuring high-quality accommodations and services.
• Residential Properties: In addition to hotels, Marriott operates residential properties under brands like Ritz-Carlton Residences and Marriott Executive Apartments. These cater to individuals seeking long-term stays with the comforts of home combined with the luxuries of hotel services.
• Timeshare and Other Lodging Properties: Marriott Vacation Club and other timeshare options are designed for travelers looking for vacation ownership opportunities, providing flexibility and a variety of destinations.
• Luxury Collections: For those seeking exquisite experiences, Marriott offers The Luxury Collection, St. Regis, and Bvlgari, among others, which represent the pinnacle of luxury and sophistication in hospitality.
• Lifestyle Hotels: Targeting a younger demographic or those seeking a unique hotel experience, Marriott's lifestyle hotel brands, including Moxy Hotels and Aloft Hotels, offer distinctive styles and vibrant social scenes.
• Extended Stay and Select Service Hotels: Catering to travelers needing accommodations for longer periods, brands such as Residence Inn by Marriott and Courtyard by Marriott offer comfortable and convenient lodging options.
• Meetings and Events: Beyond individual lodging, Marriott's brands like Gaylord Hotels specialize in large-scale meetings and events, providing comprehensive facilities and services for all types of gatherings.
• Residences, Timeshares, and Yachts: Expanding its portfolio, Marriott also operates luxurious residences, offers timeshare options for vacation ownership, and even luxury yacht charters in certain locations, catering to every conceivable accommodation need and lifestyle.