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Westin Hotels & Resorts is an American upscale hotel chain owned by Marriott International. As of June 30, 2020 [update] , the Westin Brand has 226 properties with 82,608 rooms in multiple countries in addition to 58 hotels with 15,741 rooms in the pipeline.
Marriott International's headquarters in Bethesda, Maryland. Marriott International is the largest hotel company in the world by the number of available rooms. It has 36 brands with 8,785 properties containing 1,597,380 rooms in 141 countries and territories. [1]
Residence Inn by Marriott is a brand of extended stay hotels. As of June 1, 2021 [update] , there were 874 Residence Inn hotels in the United States, Canada and Mexico with 107,680 rooms, plus an additional 243 hotels with 30,417 rooms in the development pipeline.
After the company divested its non-hotel business and reorganized as a real estate investment trust in 1998, [7] it adopted its current name—Host Hotels & Resorts, Inc.—in 2006. [8] [9] On November 2, 2020, Host Hotels & Resorts switched its stock listing from the New York Stock Exchange to the Nasdaq Global Select Market. [10]
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 ...
In 1957, the firm expanded into the hotel industry by opening the first Marriott hotel, the Marriott Motor Hotel, in Arlington County, Virginia. In 1964, Hot Shoppes, Inc. was renamed Marriott-Hot Shoppes, Inc. [7] The company became Marriott Corporation in 1967. In 1967, Marriott acquired the Big Boy family restaurants chain from Bob Wian. [8] [9]