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Marriott International, Inc. is an American multinational company that operates, franchises, and licenses lodging brands that include hotel, residential, and timeshare properties. [1] [2] Marriott International owns over 36 hotel and timeshare brands with 9,000 locations and 1,597,380 rooms across its network (as of 2023). [3]
The program works to entice customers, especially business or other frequent hotel guests, to favour that particular brand or group of hotels over others when selecting a hotel by offering discounts or privileges, such as upgrades. A hotel loyalty program will generally be free to enter and may have multiple levels.
Marriott Vacations Worldwide Corporation is a pure-play public timeshare company. [2] Formerly a division of Marriott International , Marriott Vacations Worldwide was established as a separate, publicly traded entity focusing primarily on vacation ownership in November 2011. [ 3 ]
In August 2022, it was announced that 23 Marriott Hotels in the United Kingdom were to rebrand as Delta Hotels by Marriott. [24] In 2016, Delta Privilege rewards extended to other Marriott locations, and Marriott cards extended to Delta locations. [25] In 2019, Marriott Bonvoy replaced the various Marriott group rewards programs. [26]
The chain grew from three test sites in 1983 to over 90 hotels in 1987. [2] The first location was built in 1983 in San Luis [clarification needed] and was Marriott's first sister brand. [citation needed] The chain primarily targeted business travelers, but over time has broadened to the leisure market. Most properties now offer a swimming pool ...
Originally, Marriott Vacation Club properties were sold as weeks. A "fixed week" granted the owner the right to use their villa during a specific week each year (such as week 52, which includes New Year's Eve), or the right to use their villa during a specific "season" (defined on a per-resort basis), which granted the owner the right to reserve their villa for any available week within that ...
By 1999, there were over 360 Marriott Hotels & Resorts in 47 countries, and in November 2010, Marriott Hotels & Resorts announced the opening of what is said was their 500th property, the Pune Marriott Hotel & Convention Centre, in Pune, India. [13] In September 2005, Marriott Hotels & Resorts unveiled its first new room designs in ten years.
In March 1995, Marriott International, which franchised and managed over 325,000 rooms, bought a 49% stake in the Ritz-Carlton Hotel Company. [22] Blackstone Real Estate Acquisitions bought The Ritz-Carlton Boston at auction for $75 million in February 1998. A month later, Marriott International acquired the hotel from Blackstone for $100 million.
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