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October 09, 2015 10:54 AM 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. It operates through three segments: North American Full-Service, North American Limited-Service, and International. The company 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, it operates, markets, and develops residential properties, as well as operates and franchises hotels and resorts; and provides services to home/cond...

10400 Fernwood Road

Bethesda, MD 20817

United States

Founded in 1971

123,500 Employees



Key Executives for Marriott International, Inc.

Chief Executive Officer, President, Director, Member of Executive Committee and Member of Committee for Excellence
Age: 56
Total Annual Compensation: $1.2M
Executive Chairman and Chairman of Executive Committee
Age: 83
Total Annual Compensation: $3.0M
Chief Financial Officer and Executive Vice President
Age: 64
Total Annual Compensation: $742.6K
Group President and Member of Committee for Excellence
Age: 58
Total Annual Compensation: $700.0K
Group Chief Development Officer, Executive Vice President of Global Development and Member of Committee for Excellence
Age: 49
Total Annual Compensation: $663.1K
Compensation as of Fiscal Year 2014.

Marriott International, Inc. Key Developments

Marriott International, Inc. Enters Taiwan with Opening of Taipei Marriott Hotel

Marriott International, Inc. announce its debut into Taiwan with the opening of the Taipei Marriott Hotel. Taipei Marriott Hotel is the first five-star international hotel in the dynamic Dazhi area of Taipei. Taipei Marriott offers 320 luxury hotel rooms, a modern convention center, a high-end shopping mall and luxury apartments. Perfect for business and leisure travelers, the Taipei Marriott Hotel is only 10 minutes from Songshan International Airport and five minutes from Neihu Technology Park by car. The MRT Jiannan Rd. station, beautiful Mt. Jiannan Trail and Miramar Shopping Center are also short walks away. The Taipei Marriott Hotel is the closest five-star hotel to the National Palace Museum, a favorite cultural attraction for both locals and visitors. The Taipei Marriott Hotel is a stylish new destination and brings never-before-seen features and experiences that are sure to delight guests, including the large hotel ballroom in Taipei and a rooftop garden and chapel. Its lush green landscape surroundings offer an oasis to travelers who seek escape after a long day in bustling Taipei. As a part of Marriott's 'Green Hotel Development' initiative, indigenous shrubbery and flowering plants can be found throughout the grounds interspersed with pieces of art and sitting areas. Inspired by the nearby butterfly biosphere reserve on Mt. Jiannan, an aluminum sculpture named 'Butterflies' and created by Spanish artist Manolo Valdes, sits in the center of the landscape to serve as a tribute to nature and the arts. The Taipei Marriott Hotel offers spacious and thoughtfully-appointed guestrooms and suites which range in size from 430 to 860 square feet, as well as the lavish 2,370-square-foot Presidential Suite. The contemporary design includes a soothing neutral color palette of ivory, cream and gray, accentuated by gorgeous and unobstructed views of Taipei through floor-to-ceiling windows. The window-side plush chaise in each room invites guest to relax, while the bath experience offers an added touch of luxury with double vanities and rain showers as well as other deluxe amenities. Each guestroom also features high-speed Internet access and a spacious work area. The Taipei Marriott Hotel offers five distinct restaurants with an international selection of cuisines that will entertain the most sophisticated palates. The Lobby Lounge offers all-day bites and drinks along with free WiFi, and is the perfect place to hang out, work or socialize with friends and colleagues. Surrounded by a beautiful garden, the Garden Kitchen offers all-day dining with Asian-inspired Western fare served semi-buffet style, offering guests the choice of a variety of light dishes or made-to-order entrees. On Level 2, guests can enjoy Japanese Teppanyaki, Chinese and Western cuisine at live cooking stations at Mark's Teppanyaki. Marriott's signature The Dining Place Chinese restaurant on Level 3 is an elegant setting where guests are treated to a delicious variety of Cantonese and Sichuan dishes. For more intimate or special occasions, INGE's bar and grill on the 20th floor offers gourmet cuisine accompanied by stunning views from the open-air terrace lounge. The Taipei Marriott Hotel offers the large convention center in Taipei, with 32,300 square feet of pillar-less, flexible space that can be transformed into up to 13 meeting spaces, as well as an elegant 13,600 square-foot Grand Ballroom the large in Taiwan. From large conferences to intimate board meetings, the Taipei Marriott Hotel is the ideal locale, offering the latest audio-visual innovations, access to gourmet catering and expert event planning. For the most memorable weddings in Taipei, the Heavenly Ballroom, located on the top floor of the conference center, offers direct access to a beautiful rooftop garden and charming chapel. To complete the experience, a fully-equipped health-club on the 19th floor offers a 24-hour fitness center with equipment and a rooftop swimming pool with wonderful views of the Miramar Park Ferris Wheel. A luxury spa offers a menu of signature facials, body treatments and a variety of indulgent experiences for both women and men.

Marriott International Plans to Open 60 New Hotels in Caribbean and Latin America by 2018

Marriott International announced an expected 75% increase in Marriott's Caribbean and Latin American distribution between 2015 and 2018 including a tripling of the company's presence in Brazil with the addition of 11 new hotels in that market. Marriott has 93 hotels open and more than 60 hotels under development in the Caribbean and Latin America, including 11 new hotels across 6 cities in Brazil. Marriott has plans to invest approximately USD 100 million in Brazil to launch 4 of its modern essential brands: Courtyard by Marriott, Residence Inn by Marriott and Fairfield Inn by Marriott and AC by Marriott. Seven of these eleven planned hotels are already under construction, which will be owned by Marriott or Brazilian partners. Over time, Marriott expects to sell its owned hotel assets, retaining long term management agreements. Year to date, the company has opened 8 hotels in the Caribbean and Latin America, with another nine expected by year end. The company is also scheduled to open its 100th hotel in the Caribbean and Latin America in November of this year, the JW Marriott Puerto Los Cabos in Mexico.

Marriott International Appoints Clinton Arnot as Director, Distribution Strategy Middle East & Africa

Marriott International has announced the appointment of Clinton Arnot to the role of Director, Distribution Strategy Middle East & Africa, with effect from October 1, 2015. Over the past 13 years, Clinton Arnot filled a number of positions in Protea Hotels.

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