Marriott International Inc-MD (MAR)

Overview

Marriott International, Inc. is a leading global lodging company with a portfolio that spans across various continents, offering hospitality services that cater to diverse customer needs. The company's origins date back to 1927, beginning its journey in hospitality with a root beer stand in Washington, D.C., and evolving into a worldwide hospitality behemoth. Headquartered in Bethesda, Maryland, Marriott International has grown to include a wide range of lodging properties, including hotel, residential, timeshare, and other types of accommodations. Operating under several high-profile brand names, Marriott International stands out in the hospitality industry for its wide variety of lodging options that cater to luxury, premium, and select-service sectors. The company's significance in the travel and hospitality industry is underscored by its commitment to service, innovation, and expanding its global footprint, continuing to offer unmatched travel experiences to its guests around the world.

Products and Services

Marriott International, Inc. provides a broad array of hospitality products and services designed to meet the needs of travelers worldwide. These include:

• Hotel and Resort Accommodations - Guests can choose from a diverse portfolio of properties under brands such as JW Marriott, The Ritz-Carlton, W Hotels, Sheraton, and Marriott Hotels, among others. Each brand caters to different market segments, from luxury to budget-friendly options, ensuring travelers find accommodations that match their needs.
• Residential Properties - Beyond traditional hotel services, Marriott offers residential accommodations with brands like the Marriott Executive Apartments and Apartments by Marriott Bonvoy. These properties provide long-term housing solutions with the comfort and conveniences of hotel living.
• Timeshares and Vacation Clubs - Through its timeshare and vacation club offerings, Marriott provides opportunities for travelers to own or rent vacation properties, ensuring memorable and luxurious holiday experiences.
• Business Services - Catering to the needs of business travelers, Marriott's brands offer a range of facilities and services including state-of-the-art meeting spaces, business centers, and tailored corporate travel management services.
• Event and Conference Services - With extensive experience in hosting events of all sizes, Marriott provides comprehensive event and conference services, offering modern venues, catering, and planning assistance to ensure successful gatherings.
• Spa and Fitness Services - Many of Marriott's properties are equipped with spa and wellness facilities, offering guests a range of services from relaxing massages to fitness classes, aimed at enhancing their overall well-being during their stay.
• Food and Beverage Services - Marriott's commitment to exceptional guest experiences extends to its dining offerings. With a wide range of restaurants and bars within its properties, Marriott provides diverse culinary experiences, catering to the tastes and preferences of its global clientele.
• Digital Services - Embracing innovation, Marriott offers various digital services including mobile check-in and check-out, mobile room keys, and a personalized mobile guest experience through the Marriott Bonvoy app, enhancing convenience and personalization for its guests.