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Marriott International, Inc. is an American multinational company that operates, franchises, and licenses lodging brands that include hotel, residential, and timeshare properties. [ 1][ 2] Marriott International owns over 36 hotel and timeshare brands with 8,785 locations and 1,597,380 rooms across its network (As of 2023). [ 3]
Children. 2, including Bill Marriott. John Willard Marriott Sr. (September 17, 1900 – August 13, 1985) was an American entrepreneur and businessman. He was the founder of the Marriott Corporation (which became Marriott International in 1993), the parent company of the world's largest hospitality, hotel chains, and food services companies.
Marriott Hotels & Resorts is Marriott International 's brand of full-service hotels and resorts based in Bethesda, Maryland. As of June 30, 2020, there were 582 hotels and resorts with 205,053 rooms operating under the brand, in addition to 160 hotels with 47,765 rooms planned for development. [ 2][ 3]
Marriott Vacations Worldwide Corporation[ 2] is a pure-play public timeshare company. Formerly a division of Marriott International, Marriott Vacations Worldwide was established as a separate, publicly traded entity focusing primarily on vacation ownership in November 2011. [ 3] Marriott Vacations Worldwide runs more than 120 resorts with over ...
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Discounts and allowances are reductions to a basic price of goods or services.. They can occur anywhere in the distribution channel, modifying either the manufacturer's list price (determined by the manufacturer and often printed on the package), the retail price (set by the retailer and often attached to the product with a sticker), or the list price (which is quoted to a potential buyer ...
History. The JW Marriott brand was established in 1984, with the opening of the first hotel in Washington, D.C. [ 3] It was named as a tribute to J.W. Marriott, the founder of Marriott Corporation. In 1989, Hong Kong was the destination for the overseas launch. Europe and the Middle East followed in 1993. As a general guide within the Marriott ...
Marriott Corporation. The Marriott Corporation was a hospitality company that operated from 1927 until 1993. It was founded by J. Willard Marriott and Frank J. Kimball as Hot Shoppes, Inc. In 1957, it opened its first hotel in Arlington County, Virginia, the Marriott Motor Hotel (demolished 1990). [ 2]