What type of business is Marriott International?
Christopher Ramos
Updated on March 09, 2026
global lodging company
Our Story. Marriott International, Inc. is a leading global lodging company with more than 7,600 properties in 133 countries and territories. The company that began in 1927 as a nine-seat A&W root beer stand in Washington, DC is recognized today as a top employer and for our superior business operations.
Is Marriott a sole proprietorship?
Marriott International began as a sole proprietorship formerly owned by his family several years ago, but has developed over the years into a world class group of hotels because of these strategies. This strategy is called operational strategy.
Is Marriott a corporation?
Marriott Corporation was a hospitality company that operated from 1927 until 1993, founded by J….Marriott Corporation.
| Formerly | The Hot Shoppe (1927–1929) Hot Shoppes, Inc. (1929–1964) Marriott-Hot Shoppes, Inc. (1964–1967) |
|---|---|
| Type | Public |
| Traded as | NYSE: MHS |
| Industry | Hospitality |
| Founded | 1927 as The Hot Shoppe in Washington, D.C., U.S. |
What is the vision of Marriott?
Marriott’s vision statement is “to become the premiere provider and facilitator of leisure & vacation experiences in the world.” Leading from the front is exactly what Marriott emphasizes in this statement.
How many employees does Marriott International have?
Multinational hotel company Marriott International, Inc. employed approximately 121 thousand people worldwide in 2020.
What kind of business does Marriott International do?
The company is primarily focused on management, franchising, and licensing of its lodging properties. It also occasionally develops, acquires or renovates hotel and residential properties, directly and through partnerships, joint ventures, and other business structures with third parties.
Who are the competitors of the Marriott company?
Competitors of Marriott International include Hilton Worldwide, Hyatt Hotels and Intercontinental Hotels. Where is Marriott International headquarters? Marriott International headquarters is located at 10400 Fernwood Rd, Bethesda. Where are Marriott International offices? Marriott International has offices in Bethesda and London.
How many hotels does Marriott International have in the world?
Marriott International is one of the leading global companies. It has more than 6,500 properties across the 127 countries and territories. This company has the revenues of more than $22 billion in the year 2017.
When did Marriott become part of Marriott Corporation?
In the late 80s and early 90s, the company expanded by acquiring Residence Inn, Ritz-Carlton, and Renaissance Hotel Group. The company was now known as Marriott Corporation until, in 1992, it split into Marriott International, which consisted of hospitality businesses, and Host Marriott, which concentrated on food businesses.
