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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 9,000 locations and 1,597,380 rooms across its network (as of 2023). [3]
AC Hotels by Marriott, formerly named AC Hoteles C. A., is a midscale hotel chain owned by Marriott International serving business and leisure travelers. As of June 30, 2020, it had 170 hotels with 25,811 rooms in addition to 135 hotels with 23,172 rooms in the pipeline.
In March 1995, Marriott International, which franchised and managed over 325,000 rooms, bought a 49% stake in the Ritz-Carlton Hotel Company. [22] Blackstone Real Estate Acquisitions bought The Ritz-Carlton Boston at auction for $75 million in February 1998. A month later, Marriott International acquired the hotel from Blackstone for $100 million.
Marriott Vacations Worldwide Corporation is a pure-play public timeshare company. [2] 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 ]
In 1972, the Marriott lodging division acquired the Greek-based Sun Line cruise line, [10] which it owned until 1987. [11] In 1975, Marriott Hotels & Resorts expanded to Europe, with the opening of the Amsterdam Marriott. [12] In these first several decades, Marriott International owned and managed many of the hotels within its portfolio.
Company Office Resort locations Number of resorts Number of rooms Number of owners Karma Group: Singapore: India, Indonesia, Greece, France, Germany, Thailand ...
Marriott International assumed partnership with the hotel in 2022 and rebranded it as JW Marriott São Paulo. [178] Four Seasons Hotel Shanghai, China: Opened in 2002 as the first Four Seasons hotel in China. In 2020, the company announced that the hotel would be closed for renovations, which commenced in June 2022. [179]
Westin Hotels & Resorts is an American upscale hotel chain owned by Marriott International. As of June 30, 2020, the Westin Brand has 226 properties with 82,608 rooms in multiple countries in addition to 58 hotels with 15,741 rooms in the pipeline. [2]