Marriott International is one of the world’s largest hospitality companies, founded in 1927 by J. Willard Marriott in Washington, D.C. Today, the company manages over 9,400 hotels and resorts across more than 220 countries and territories, encompassing 37 brands.
🌍 Key Information
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Headquarters: Bethesda, Maryland, USA
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CEO: Anthony Capuano
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Employees: 418,000 (as of 2024)
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Brands: Ritz-Carlton, Sheraton, Westin, Le Méridien, Courtyard, Residence Inn, Aloft, Moxy, Element, Four Points by Sheraton, JW Marriott, The Luxury Collection, W Hotels, Edition, AC Hotels, Fairfield by Marriott, Courtyard by Marriott, SpringHill Suites, Residence Inn, TownePlace Suites, Aloft, Element, Moxy, Delta Hotels, City Express by Marriott, StudioRes, Sonder (in collaboration with Marriott since 2024)
📊 Financial Performance (2024)
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Revenue: $23.7 billion
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Net Income: $3.08 billion
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Operating Income: $3.77 billion
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Assets: $26.2 billion
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Employees: 418,000
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International Market Share: 18.8%
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Plans: Marriott plans to increase the number of rooms by 5% by 2025, including the purchase of the CitizenM brand for $355 million. (investopedia.com)
📉 2025 News
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Revenue Outlook Reduced: Marriott has reduced its revenue growth forecast for 2025 to 1.5%–3.5%, citing slowing travel demand (previous forecast was 2%–4%). (thetimes.co.uk)
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Decreased Government Demand in the U.S.: The company has seen a reduction in demand from the U.S. government sector, partly due to federal employee layoffs, impacting its forecasts. (investopedia.com)
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Q2 Earnings Forecast: Marriott expects earnings in the range of $2.57–$2.62 per share for Q2, which is below investor expectations. (reuters.com)
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Stock Performance: On May 6, 2025, Marriott’s stock rose by 1.9%, reaching $251.96, but remains 18% lower than its 52-week high. (marketwatch.com)
🌍 Presence in Uzbekistan
Currently, Marriott does not have any active operations in Uzbekistan. However, the company continues to expand globally. For example, Marriott plans to open over 20 new hotels in Turkey by the end of 2025. (abc.az)