Marriott International (MAR)
Frequently Asked Questions About Marriott International (MAR)
How does Marriott International contribute to sustainability?
Marriott International is committed to sustainability through various initiatives aimed at reducing its environmental impact and promoting responsible tourism. The company has set ambitious goals, such as reducing food waste, promoting energy efficiency, and supporting local communities through sustainable practices and philanthropy.
How does Marriott International handle data privacy?
Marriott International takes data privacy seriously and adheres to stringent security measures to protect customer information. The company complies with relevant data protection regulations and invests in technology to safeguard customer data while ensuring transparency in how it collects and uses personal information.
How does Marriott International support travel and tourism?
Marriott International supports travel and tourism by providing a wide range of accommodations that cater to leisure and business travelers alike. The company collaborates with industry partners to promote tourism in various regions and advocates for policies that support sustainable travel.
How has Marriott International adapted to the COVID-19 pandemic?
During the COVID-19 pandemic, Marriott International implemented enhanced cleaning protocols and safety measures under its 'Commitment to Clean' program. These initiatives include improved sanitation processes, social distancing guidelines, and flexible booking policies to ensure the safety and confidence of guests and employees.
How is Marriott International involved in community support?
Marriott International is actively involved in community support through its philanthropic initiatives such as the Marriott International Foundation, which focuses on workforce development, disaster relief, and youth empowerment. The company also encourages employee volunteerism and partnerships with local organizations.
How many employees work at Marriott International?
Marriott International employs approximately 174,000 individuals worldwide, making it one of the largest employers in the hospitality sector. The company prides itself on offering opportunities for growth, training, and development to its employees across various positions and brands.
How many hotels does Marriott International operate?
As of the latest data, Marriott International operates more than 7,000 properties globally in over 130 countries and territories. The company continues to grow, adding new hotels to its portfolio through both direct management and franchising.
Is Marriott International publicly traded?
Yes, Marriott International is publicly traded on the NASDAQ stock exchange under the ticker symbol 'MAR'. As a publicly traded corporation, it is accountable to shareholders and is required to disclose financial information and comply with regulations set by the Securities and Exchange Commission.
What are Marriott International's future growth strategies?
Marriott International's future growth strategies involve expanding its global footprint through new hotel openings, exploring new markets, and introducing innovative hospitality concepts. The company is also focused on acquiring and developing new brands to cater to changing consumer preferences and hospitality trends.
What are some awards or recognition that Marriott International has received?
Marriott International has received numerous awards and recognitions for its commitment to excellence in hospitality, customer service, and corporate social responsibility. The company routinely ranks high on lists such as Fortune's '100 Best Companies to Work For' and is recognized for its sustainable practices and leadership in the hospitality industry.
What brands are part of the Marriott International portfolio?
Marriott International's portfolio includes over 30 brands, such as Marriott Hotels, Sheraton, Westin, Ritz-Carlton, Courtyard by Marriott, and many others. These brands cover various market segments, including luxury, premium, select, and longer stay accommodations.
What does Marriott International do?
Marriott International is a leading global travel company that operates, franchises, and licenses hotels and related lodging facilities. The company manages a diverse portfolio of brands catering to various market segments, from luxury to economy, providing accommodations, meeting spaces, and leisure facilities worldwide.
What is Marriott International's approach to customer service?
Marriott International prioritizes high-quality customer service and guest satisfaction. The company invests in training its staff to provide exceptional experiences tailored to individual needs, fostering loyalty and building lasting relationships with guests through personalized service.
What is Marriott International's approach to diversity and inclusion?
Marriott International emphasizes diversity and inclusion within its workforce and among its guests. The company actively promotes an inclusive culture that respects differences and aims to create a diverse environment by hiring employees from various backgrounds and experiences.
What is Marriott International's commitment to health and safety?
Marriott International is committed to the health and safety of its guests and employees. The company has implemented comprehensive health protocols that address cleanliness and hygiene in its hotels, including frequent cleaning of high-touch areas, staff training on health measures, and providing personal protective equipment when necessary.
What loyalty program does Marriott International offer?
Marriott International offers the Marriott Bonvoy loyalty program, which allows members to earn and redeem points for hotel stays, experiences, and other perks. The program combines members from several previously separate loyalty programs, enhancing the benefits and offerings available to frequent travelers.
What technological innovations has Marriott International adopted?
Marriott International has embraced various technological innovations to enhance guest experiences, including mobile check-in and check-out, mobile room keys, and personalized customer services using data analytics. The company continues to invest in technology to streamline operations and offer seamless experiences to its guests.
When was Marriott International founded?
Marriott International was founded in 1927 by J. Willard Marriott and his wife, Alice Marriott. Originally starting as a root beer stand in Washington, D.C., the business expanded into the hotel and hospitality sector, leading to the establishment of the first Marriott hotel in 1957.
Where is Marriott International headquartered?
Marriott International is headquartered in Bethesda, Maryland, USA. The company's corporate office is located near Washington, D.C., which allows it to be strategically positioned to cater to both domestic and international travelers.
What is the current price of Marriott International?
The current price of Marriott International is 227.99
When was Marriott International last traded?
The last trade of Marriott International was at 12:24 pm EDT on April 3rd, 2025
What is the market capitalization of Marriott International?
The market capitalization of Marriott International is 74.25B
How many shares of Marriott International are outstanding?
Marriott International has 325.66M shares outstanding.