December 28, 2014 10:55 PM ET

Hotels, Restaurants and Leisure

Company Overview of Marriott International, Inc.

Company Overview

Marriott International, Inc. operates, franchises, and licenses hotels and timeshare properties worldwide. The company operates through four segments: North American Full-Service, North American Limited-Service, International, and Luxury. It also licenses the development, operation, marketing, sale, and management of vacation ownership and related products under the Marriott Vacation Club, Grand Residences by Marriott, The Ritz-Carlton Destination Club, and The Ritz-Carlton Residences brands to the Marriott Vacations Worldwide Corporation. In addition, the company operates, markets, and develops residential properties, as well as operates and franchises hotels and resorts; and provides servi...

10400 Fernwood Road

Bethesda, MD 20817

United States

Founded in 1971

123,000 Employees

Phone:

301-380-3000

Key Executives for Marriott International, Inc.

Chief Executive Officer
Age: 55
Total Annual Compensation: $1.2M
Executive Chairman and Chairman of Executive Committee
Age: 82
Total Annual Compensation: $3.0M
Chief Financial Officer and Executive Vice President
Age: 62
Total Annual Compensation: $721.0K
Group President and Member of Committee for Excellence
Age: 57
Total Annual Compensation: $566.6K
Chief Development Officer
Age: 48
Total Annual Compensation: $643.8K
Compensation as of Fiscal Year 2013.

Marriott International, Inc. Key Developments

Marriott International Opens Two New Residence Inn Properties in Kuwait and Saudi Arabia

Marriott International announced the opening of two new Residence Inn properties in Kuwait and Saudi Arabia on December 23, 2014. The Residence Inn by Marriott Kuwait City offers 139 suites, while the Residence Inn by Marriott Jazan in Saudi Arabia is home to 79 suites. By 2018, the US hotel chain expects to open 12 hotels across the Middle East and Africa, adding 1,228 rooms to the extended stay sector. Within the Marriott Executive Apartments brand alone, six properties in Saudi Arabia, Iraq, Gabon, and Ethiopia are due to open n in the next couple of years.

Marriott International, Inc. Announces the Opening of the Kochi Marriott Hotel

Marriott International, Inc. announced the opening of the Kochi Marriott Hotel, its fifth hotel under the company’s Marriott Hotels brand in India. This will be the second Marriott International property in the Kochi city and is located amidst the Lulu Mall campus, one of the malls in the country. Strategically located at just 22 km from the Kochi International Airport and 9 km from the main City Center, the hotel design embraces a wonderful blend of contemporary style, warmth and sophistication, all inspired from the natural landscapes of the city. Kochi Marriott hotel offers its guests 274 spacious and elegantly designed rooms which include 25 club suites, one vice presidential suite and one plush presidential suite. Coupled with facilities and services, these rooms provide an elevated standard of design and décor that reflects real comfort and style. The Kochi Marriott Hotel has been conceptualized to meet the varied tastes of travellers; business and leisure alike. With 720 sq. mts. of stylish banquet and meeting space, equipped with the latest technology and amenities, the hotel would make an ideal venue for large conference’s and intimate gatherings alike. The hotel offers an exciting range of dining options, each one special in its own authenticity and flavours. Cassava, the exclusive Kerala Cuisine specialty restaurant, will have on its menu delicacies from across 3 influential cultures, it is Moplah, Syrian- Christian and Sadya that give Southern cuisine its perfect blend of taste and flavours. The menu has been crafted by masters of these respective cuisines, from recipes that have been passed down over many generations. Kochi Kitchen the all-day-dining, will be the place to spend quality time with friends and family, as the restaurant offers indulgent menu options, of world cuisines across Asian, Continental and Italian specialties. Lit with beautiful, natural sun-light the restaurant pulsates with warmth and energy. As a part of Marriott Hotel’s transformation, the iconic brand has been innovating throughout its hotels globally. The brand new Marriott mobile app makes travel easier than everwith a brand new design, improved user experience, and enhanced features such as Mobile Check-in and Checkout. Reflecting the transformative change, Marriott Hotels has also launched a new multi-year global marketing campaign called Travel Brilliantly, a bold move amplifying the brand’s dedication to leading the future of travel. The dynamic campaign reflects the lifestyle of the next generation of travelers, who seamlessly blend work and play in a mobile and global world. The Kochi Marriott Hotel ushers in new age hospitality to the city and look forward to welcoming guests from the December 21, 2014.

Marriott International, Inc.(NasdaqGS:MAR) dropped from S&P 500 Value Index

Marriott International, Inc.(NasdaqGS:MAR) dropped from S&P 500 Value Index

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