22 Facts About Marriott International

1.

Marriott International, Inc is an American multinational company that operates, franchises, and licenses lodging including hotel, residential, and timeshare properties.

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2.

Marriott International was founded by J Willard Marriott and his wife Alice Marriott.

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3.

Marriott International is the largest hotel chain in the world by the number of available rooms.

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4.

Marriott International, Inc was formed in 1993 when Marriott Corporation split into two companies: Marriott International, Inc, which franchises and manages properties, and Host Marriott Corporation, which owns properties.

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5.

Marriott International named the restaurant Hot Shoppes and watched as it grew in popularity.

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6.

Marriott International, Inc was formed in 1993 when Marriott Corporation split into two companies: Marriott International, Inc, which franchises and manages properties, and Host Marriott Corporation, which owns properties.

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7.

In 1995, Marriott International was the first hotel company to offer online reservations.

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8.

Marriott International believed that it could increase sales and profit margins for The Ritz-Carlton, a troubled chain with many properties either losing money or barely breaking even.

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9.

The cost to Marriott International was estimated to have been about $200million in cash and assumed debt.

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10.

The next year, Marriott International spent $331million to acquire The Ritz-Carlton, Atlanta, and buy a majority interest in two properties owned by William Johnson, a real estate developer who had purchased The Ritz-Carlton, Boston in 1983 and expanded his Ritz-Carlton holdings over the next twenty years.

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11.

Marriott International signed an agreement to manage hotels owned by New World Development.

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12.

On July 19, 2006, Marriott International implemented a smoking ban in all buildings it operated in the United States and Canada effective September 2006.

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13.

In 2007, Marriott International became the first hotel chain to serve food that is completely free of trans fats at all of its North American properties.

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14.

On November 11, 2010, Marriott International announced plans to add over 600 hotel properties by 2015, primarily in emerging markets: India, where it planned to have 100 hotel properties, China, and Southeast Asia.

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15.

On January 21, 2011, Marriott International said that adult movies would not be included in the entertainment offered at new hotels, which would use an Internet-based video on demand system.

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16.

Effective March 31, 2012, Bill Marriott International assumed the role of executive chairman of the company and relinquished the role of chief executive officer to Arne Sorenson.

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17.

Marriott International's released 2010 tax returns showed earnings in 2010 of $113, 881 in director's fees from Marriott.

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18.

In February 2012, Bloomberg News reported on Romney's years overseeing tax matters for Marriott, which had included several "scams" and legal actions brought against Marriott, which Marriott lost in court, over its manipulations of the U S Tax Code.

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19.

On November 16, 2015, Marriott International announced the acquisition of Starwood for $13billion.

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20.

On November 30, 2018, Marriott International disclosed that the former Starwood brands had been subject to a data breach.

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21.

Marriott International developed three theme parks, of which two opened: California's Great America in Santa Clara, California and Marriott International's Great America in Gurnee, Illinois.

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22.

In 1984, Marriott International disposed of its theme park division; both parks were sold and today are associated with national theme park chains.

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