Marriott International, Inc.
News and overview for Marriott International, Inc.
Critical Alerts for AT&T, Gilead, Chesapeake Energy, Sallie Mae, and Marriott Released by Seven Summits Research [Press Release]
PRNewswire | 73 days 14 hours 30 minutes ago
...Alerts cover the following stocks: AT&T, Inc. , Gilead Sciences Inc. , Chesapeake Energy Corporation , SLM Corp. , and Marriott International, Inc. . In today's unsure markets these brief...
Marriott shrinks luxury timeshare segment
Yahoo! | 46 days 19 hours 22 minutes ago
NEW YORK (Reuters) – Marriott International Inc (MAR.N) said it would cut prices and scale back development plans for its luxury timeshare segment, resulting in a $760 million charge, because of soft demand in this business.
Get the Marriott Bed for Less - Shopmarriott.com Holds Its Second Annual Bedding Sale [Press Release]
PRNewswire | 101 days 12 hours 31 minutes ago
...http://photoarchive.ap.orgPRN Photo Desk, photodesk@prnewswire.com Marriott International, Inc. CONTACT: Laurie Goldstein of Marriott International, +1-301-380-5296,Laurie.goldstein@marriott.com
NYU Takes Top Prize in Third Annual University of Maryland M&A Competition [Press Release]
PRNewswire | 28 days 4 hours 2 minutes ago
...the $1,000 third prize. Marriott International Inc. sponsored the competition...Madison. Representatives from Marriott served as judges for the competition...corporate finance for Marriott International and a final-round competition...
Marriott to Launch Prototype for Green Design of Courtyard Hotels
GreenerBuildings | 11 days 3 hours 44 minutes ago
In the latest move to expand its sustainability efforts, Marriott International Inc. says its green hotel portfolio will grow tenfold in the next five years with the introduction of a design prototype for new green properties.
Marriott.com Updated: Now the World's 7th Largest Online Consumer Retail Site, Books $6 Billion in Annual Gross Revenue
Hospitality Net | 4 days 18 hours 9 minutes ago
Marriott International (NYSE: MAR) has unveiled the new look of Marriott.com, the world's 7th largest online consumer retail site.* It is the first in a series of improvements to Marriott.com that will make it easier for guests to find and book hotels and manage their Marriott Rewards account online. Customers will also continue to earn Marriott Rewards points, get the lowest rates backed by Marriott's Look No Further Best Rate Guarantee, and incur no cancellation fees on most reservations.
Dismal second-quarter earnings from Marriott expected to be mimicked by other chains
AH&LA SmartBrief | 129 days 23 hours 2 minutes ago
Marriott International Inc. reported earnings for the second quarter that were 76% lower than the same period a year ago. The earnings still beat analysts...
Celebrate The New Renaissance - Nine Days of Exclusive Hotel Packages [Press Release]
PRNewswire | 67 days 8 hours ago
NEW YORK, Sept. 17 /PRNewswire/ -- What is your dream travel experience? Is it riding a Mardi Gras float as a member of the krewe, hanging out backstage at
Marriott & JW Marriott Spas Launch 'Mini-Treatments' [Press Release]
PRNewswire | 111 days 11 hours 31 minutes ago
...orgPRN Photo Desk, photodesk@prnewswire.com Marriott International, Inc. CONTACT: Laurie Goldstein of Marriott International, Inc.,+1-301-380-5296, Laurie.goldstein...
Economic Stimulus 'The Marriott Vacation Club Way' [Press Release]
PRNewswire | 95 days 14 hours 59 minutes ago
...owners worldwide own their vacations "the Marriott way" in a program highly regarded for its...flexibility. For nightly rentals visit www.marriott.com MARRIOTT INTERNATIONAL, Inc. is a leading lodging company with more than...
Discover the 'Gems' of Renaissance - A Global Portfolio of Lifestyle Hotels [Press Release]
PRNewswire | 67 days 14 hours 59 minutes ago
NEW YORK, Sept. 17 /PRNewswire/ -- The debut of two new hotels in two iconic cities - the Renaissance Paris Arc de Triomphe and the Renaissance New York Hotel 57 - are charting a bold new image for the Renaissance Hotels & Resorts global lifestyle brand. "With more than a $2 billion infusion in hotel renovations by our owners and franchisees and a new brand team in place, Renaissance is now positioned to be the first truly global lifestyle brand in the Marriott portfolio," said Tina Edmundso...
Marriott posts 3Q loss on timeshare charges :: CHICAGO SUN-TIMES :: Earnings
Chicago Sun-Times | 46 days 15 hours 20 minutes ago
BETHESDA, Md.---- Marriott International Inc. lost $466 million in its third quarter on hefty impairment charges from its timeshare business, which has declined drastically in the recession.
Marriott International adds hotels, new brand
American City Business Journals | 10 days 18 hours 29 minutes ago
Marriott International Inc. is expanding on several fronts with new hotels in the Middle East and Africa and a new brand.
Marriott reports net loss of $466 million
Honolulu Advertiser, The | 45 days 15 hours 56 minutes ago
Marriott International Inc., the biggest U.S. hotel chain, reported a third-quarter loss after a $752 million pretax charge for its time-share business.
White Lodging Announces Financing & Groundbreaking for Fairfield Inn & Suites at Notre Dame [Press Release]
PRNewswire | 69 days 12 hours ago
...construction on the new Fairfield Inn & Suites by Marriott at Notre Dame. The hotel will be open for the 2010...representation of the following leading brands: Marriott International, Inc., Hilton Hotels Corporation, Hyatt Hotels and...
Sign up for AH&LA SmartBrief
Company Overview
| Company: | Marriott International, Inc. |
|---|---|
| Industry: | Lodging |
| Website: | http://www.marriott.com |
Marriott International signs in at the top of the lodging industry. The company is one of the world's leading hoteliers with some 3,000 operated or franchised properties in more than 65 countries. Marriott's hotels include such full-service brands as Renaissance Hotels and its flagship Marriott Hotels & Resorts, as well as select-service and extended-stay brands Courtyard and Fairfield Inn. It also owns the Ritz-Carlton luxury chain and resort and time-share properties operated by Marriott Vacation Club International. Marriott additionally provides more than 2,000 rental units for corporate housing and manages 45 golf courses. The Marriott family, including CEO J. W. Marriott Jr., owns about 30% of the firm.
Key Numbers
| Sales in U.S. Dollars (mil.) | 12,879 (2008) |
|---|---|
| One-year % Growth in Sales | -0.9 (2008) |
| Net Income in U.S. Dollars (mil.) | 362 (2008) |
| One-year % Growth in Net Income | -48.0 (2008) |
| Number of Employees | 146,000 (2008) |
| One-year % Growth in Number of Employees | -3.3 (2008) |
| Fiscal Year-End | December |