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Marriott International

American multinational hospitality company

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Marriott International: American multinational hospitality company
Marriott International, Inc. is an American multinational diversified hospitality company that manages and franchises a broad portfolio of hotels and related lodging facilities. Founded by J. Willard Marriott, the company is now led by his son, executive chairman Bill Marriott, and president and chief executive officer Arne Sorenson. Marriott International is the third largest hotel chain in the world. It has 30 brands with 7,003 properties in 131 countries and territories around the world, over 1,332,826 rooms, including 2,035 that are managed with 559,569 rooms, 4,905 that are franchised or licensed with 756,156 rooms, and 63 that are owned or leased with 17,101 rooms, plus an additional 475,000 rooms in the development pipeline and an additional 25,000 rooms approved for development but not yet under signed contracts.

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Marriott profit plunges 92% [Video]

Marriott profit plunges 92%

Marriott International's quarterly profit plummeted Monday, as bookings plunged due to coronavirus-led travel restrictions. But as Fred Katayama reports, the hotel operator says it has begun to see..

Credit: Reuters Studio     Duration: 01:11Published
You're Fired: The Trump Organization Lays Off, Furloughs 1,500 Workers [Video]

You're Fired: The Trump Organization Lays Off, Furloughs 1,500 Workers

Business Insider reports President Donald Trump's eponymous business empire has laid off or furloughed around 1,500 employees. The move comes as a result of closures related to the novel coronavirus..

Credit: Wochit News     Duration: 00:42Published

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