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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).
William J. Shaw is the (retired, 2011) Vice-Chairman of Marriott International Inc. He has held this post since May 2009. Shaw received his BA from University of Notre Dame and MBA from Washington University in St. Louis in 1972. He joined the Marriott hotel company in 1974, was elected Corporate Controller in 1979, and a company Vice President ...
As CEO of Marriott, one of the key decisions that Sorenson was known for was the $13 billion acquisition of Starwood Hotel & Resorts Worldwide, Inc., which made the company the largest global hotel chain with over 30 hospitality brands including Sheraton, W Hotels, Ritz-Carlton, Westin, among others, and held more than 1.4 million rooms globally.
Marriott International, Inc. was formed in 1993 when Marriott Corporation split into two companies: Marriott International, Inc., which franchises and manages properties, and Host Marriott Corporation (now Host Hotels & Resorts), which owns properties. [4] In 1995, Marriott was the first hotel company to offer online reservations. [23]
He led the 1978 repurchase of one-third of Marriott shares, which at the time was the second largest stock buyback in history. In 1985, Wilson joined the Walt Disney Company as executive vice president of finance, strategy and development when the Bass Brothers acquired control.
John Willard "Bill" Marriott Jr. (born March 25, 1932) is an American billionaire businessman who is the executive chairman of Marriott International, of which he owns 11.28%. [ 1 ] Early life and education
McCarthy began his career as a waiter in a Marriott restaurant in 1975. In 1982, he was a regional director of sales and marketing for Marriott Hotels, Resorts and Suites, director of marketing for Marriott Suite Hotels/Compact Hotels in 1985, then vice president, operations and marketing, for Fairfield Inn in 1987 and vice president, operations, for Courtyard/Fairfield Inn in 1991 and senior ...
In 1993, Marriott Corporation divided its business into two companies: Marriott International, Inc., which took over management and franchising, and Host Marriott Corporation, which became the new name for the original Marriott Corporation. [5] [6] Host Marriott managed lodging and travel concessions at airports and along turnpikes and ...