Marriott International News

The journey of the largest hotel chain in the world, Marriott International, Inc. - now with more than seven thousand hotel, residential, and timeshare properties - began with a root-beer stand in Washington, D.C. in 1927 started by J. Willard and Alice S. Marriott. Following its $13.3 billion acquisition of Starwood Hotels & Resorts in 2016, it became the largest global hotel company. It currently commands a mammoth portfolio of more than two dozen hotel brands such as JW Marriott Hotels, The Ritz-Carlton, The Luxury Collection, Delta Hotels, Marriott Vacation Club, Le Méridien, Sheraton Hotels and Resorts, Courtyard, Fairfield, and W Hotels. Its properties contain nearly a million and a half rooms worldwide. Through its premier loyalty program Bonvoy, it is engaged in partnerships with the likes of United Airlines, Uber, American Express, Hertz, and others to optimize customer engagement.

Hotels

Marriott and Choice Report Q3 Earnings

Choice Hotels’ Q3 results led to a stock uptick, while Marriott’s mixed report and lower Q4 guidance saw its shares decline despite share buybacks and a new cost-cutting plan.
Hotels

Marriott Opens a Second St. Regis in Shanghai

Marriott International’s St. Regis Hotels & Resorts has opened its 60th global property, The St. Regis on the Bund, Shanghai, offering luxury accommodations, signature Butler Service, and various dining and wellness amenities.
Hotels

Marriott to Launch City Express Hotel Brand in U.S. and Canada

Marriott's newest hotel brand in the U.S. targets the "affordable midscale" segment. Expect the hotel equivalent of flying economy but getting a free checked bag and extra legroom, with the hotel group's most no-frills, functional brand yet.