Marriott International was founded in 1993 as a consequence of Marriott Corporation splitting into two firms – Marriott International (the hotel chain) and Host Marriott Corporation (which is into real estate investment – the financial arm).
Image: company website
The history of Marriott itself dates back to 1927 with the opening of a beer place (a root beer stand with the seating capacity of 9, to be precise) by John Willard Marriott. With its first hotel opening in Virginia in 1957, the company has since then grown by leaps and bounds, expanding into a chain of restaurants and hotels and has close to 4500 properties in over 80 countries, and has several others properties in the development phase.
Headquartered in Bethesda, Maryland in US, the company functions under the able guidance of its founder’s son Bill Marriott, who works in the capacity of the Executive Chairman.
The Marriott Hotels own and operate several brands which include Courtyard, Residence Inn, Fairfield, Renaissance, as well as the recently acquired Delta Hotels. The hotel chain also has a stake in the historic and widely acclaimed Ritz-Carlton hotels. It also owned the Ramada International Hotels and Resorts, but sold it off to the real estate giant Cendant in 2004, and which now operate under the Wyndham Worldwide brand. The hotel chain also gets a mention in the Guinness Book of World Records, with its Dubai Hotel (JW Marriott Marquis) crowned as the tallest hotel in the world. Unfortunately, it was during the September 2001 attacks that the iconic Marriott World Trade Centre got destroyed. The company believes in and upholds ethical and responsible business and even partners with the UN for several awareness campaigns. It is a publically listed company and trades on the NASDAQ and S&P 500.
Net Revenue ($ Million)= 14486
The leading hotels of USA are considered for this list and top 10 hotels are found on the basis of net revenues.