Marriott International, Inc.
News and overview for Marriott International, Inc.
Marriott Upgrades Agent Website
Travel Agent | 2 hours 42 minutes ago
November appears to be the time when large hotel chains are looking to embolden their relationship with travel agents. Earlier in the month, Hyatt announced a new specialist program for agents in addition to details of some of its new properties. Now, Marriott International Inc. has redesigned its travel agent website (www.marriott.com/travelagents) to offer agents new functionalities based on specific feedback from the travel agent community.
Marriott reports $466 million quarterly loss - MarketWatch
MarketWatch | 46 days 11 hours 18 minutes ago
The loss stemmed from a reevaluation of its timeshares business, under which Marriott plans to sell some undeveloped land, reduce prices for existing luxury units and continue short-term promotions. That led to a hit of $502 million, or $1.41 a share, on an after-tax basis.
Marriott upped to buy at BofA Merrill Lynch - MarketWatch
MarketWatch | 45 days 10 hours 57 minutes ago
MAR
Marriott reports $466 million loss on timeshares - MarketWatch
MarketWatch | 46 days 11 hours 39 minutes ago
MAR
Obama's Nobel, Monsanto, Marriott in focus - MarketWatch
MarketWatch | 45 days 9 hours 2 minutes ago
European shares edged lower Friday, with miners shaving off some of their recent gains as gold futures backed away from recent highs. Most major Asian markets ended higher, with Shanghai surging as trading resumed after a string of holidays.
Alcoa, PepsiCo, Marriott and more in spotlight - MarketWatch
MarketWatch | 46 days 9 hours 54 minutes ago
Stronger-than-expected employment data out of Australia and unchanged interest rates from both the Bank of England and the European Central Bank helped stocks in Europe and Asia to gain ground.
Top Travel News - Marriott Launches Redesigned Travel Agent Website
TravelPulse | 1 hour 21 minutes ago
SIGN-IN / SUBSCRIBE
Marriott International Celebrates 20 Years in Eastern Europe by Signing 2 More Hotel Deals
Hotel News Resource | 33 days 23 hours 13 minutes ago
Newly-signed Courtyard by Marriott hotels in Kazan, Tartarstan, and Irkutsk, Russia, bring Marriott's development pipeline in the region to 10 properties due to open through 2012, adding to its existing 24-hotel portfolio in Eastern Europe
Marriott Accelerates Green Hotel Development
Hotel News Resource | 10 days 9 hours 56 minutes ago
LEED(R) Certified Hotel Prototype Will Reduce Costs and Enhance Speed to Market
Marriott posts 3Q loss on timeshare charges
Yahoo! | 33 days 9 hours 47 minutes ago
CHICAGO – Vacationers helped Marriott International Inc. post a better profit for the third quarter than the hotel owner and operator had forecast.
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 |