Marriott International

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Marriott International, Inc. NYSE: [MAR] is a worldwide operator and franchisor of a range of value and luxury hotels and related lodging facilities. Their lodging operations are grouped into the following five business segments:

• Full-service lodging - 65%
• Select-service lodging - 11%
• Extended-stay lodging - 6%
• Timeshare - 14%
• Synthetic fuel - 4%

History

Marriott Hotel Zürich, Switzerland

Marriott International was formed in 1993 when Marriott Corporation split into two companies, the other company was named Host Marriott Corporation.

In 1995, Marriott International purchased 49 percent interest in Ritz-Carlton, and in 1998, the company purchased an additional 50 percent interest in Ritz-Carlton, giving them 99% ownership.

In 2002 Marriott International began a major restructuring by spinning off Senior Living Services Communities (new name not known) and Marriott Distribution Services, so that it could focus on hotel ownership and management. The changes were completed in 2003.

Marriott International owned Ramada International Hotels & Resorts until its sale on September 15, 2004 to Cendant.

Marriott brands

Vancouver Marriott Pinnacle Hotel (foreground) and Renaissance Harbourside Hotel Vancouver (background), across the street from each other in Downtown Vancouver

• Marriott Hotels & Resorts
• JW Marriott Hotels & Resorts
• Renaissance Hotels & Resorts
• Courtyard by Marriott
• Residence Inn by Marriott
• Fairfield Inn by Marriott
• Marriott Conference Centers
• TownePlace Suites by Marriott
• SpringHill Suites by Marriott
• Marriott Vacation Club International (MVCI) (timeshare)
• Horizons by Marriott Vacation Club (timeshares)
• The Ritz-Carlton Hotel Company L.L.C.
• * Ritz-Carlton
• * The Ritz-Carlton Club
• Marriott Execustay
• Marriott Executive Apartments
• Marriott Grand Residence Club

See also

• List of Marriott hotels

References

Courtyard by Marriott logo.

• [2004 Marriott International Fact Book by Marriott]
• [2003 10-K report]

External links

• [Marriott's official site]
• [A timeline of the Marriott businesses]
• [Marriott Vacation Club's Official Site]
• [Marriott ExecuStay for Extended Stay Housing]

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