Marriott International, Inc. (Marriott International) is a lodging company. Marriott International operates in three business segments: North American Full-Service, North American Limited-Service and International. Its North American Full-Service segment includes its Luxury and Premium brands (JW Marriott, Marriott Hotels, Westin, Renaissance Hotels, Le Meridien, Autograph Collection Hotels, Delta Hotels, Gaylord Hotels, and Tribute Portfolio) located in the United States and Canada. Its North American Limited-Service segment includes Select brands (Courtyard, Residence Inn, Fairfield Inn & Suites, SpringHill Suites, Element Hotels and Moxy Hotels) located in the United States and Canada. Its International segment includes JW Marriott, St. Regis, EDITION, Bulgari Hotels & Resorts, Marriott Hotels, Westin, Four Points, Aloft Hotels, AC Hotels by Marriott, Protea Hotels, Element Hotels, and Moxy Hotels located outside the United States and Canada.
https://www.marriott.com/Marriott International is an international company that operates in the hotel business. It was founded in 1927 by the Marriott couple in Washington. Initially, the company which was called The Hot Shoppes, worked in the restaurant business. The first hotel was opened only in 1957 in Virginia. Basically, business expansion was carried out through the acquisition of small chains of hotels and hotels, as well as the opening of new brands, with the help of which the corporation occupied new niches.
Since 1969, the corporation has also been developing outside the United States. Now the company owns about 30 brands, including four main ones:
Statistics
Investments and shares of Marriott International
The company made its initial public offering under the old name Hot Shoppes in 1953. In 1993, Marriot stock was listed on the NASDAQ under the ticker symbol MAR.
Now about 2/3 of the total number of shares of the corporation belongs to large institutional investors, such as:
In addition, MAR shares are a component of two major stock indices: the NASDAQ-100 and the S&P 500.
The corporation pays dividends. Due to the crises of recent years (mainly the COVID-19 pandemic, which seriously hit the hotel and restaurant industry), the payout amount decreased to $0.3 per share, but payments still remain regular.
Its assets are also available for purchase by private investors and traders.
How to buy shares of Marriott International?
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