Marriott International: A Global Hospitality Giant
About Marriott International
Marriott International is an American multinational company that operates franchises and licenses lodging brands that include hotel residential and timeshare properties.
Global Reach
With nearly 8,700 hotel properties globally, Marriott International has a presence in over 130 countries and territories.
Diverse Portfolio
The company's portfolio encompasses a wide range of brands, including Marriott Hotels, Sheraton, The Ritz-Carlton, and Courtyard by Marriott, catering to diverse customer segments.
Business Model
Marriott International primarily operates through a franchise model, where it licenses its brands to independent owners and operators. It also owns and operates a number of hotels directly.
Recent Developments
In recent years, Marriott International has expanded its portfolio through acquisitions, including the acquisition of Starwood Hotels & Resorts in 2016.
Conclusion
Marriott International is one of the largest and most respected hospitality companies worldwide, offering a diverse range of lodging options and a presence in key markets.
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