Company profile

Future of Marriott International

#
Rank
727
| Quantumrun Global 1000

Marriott International, Inc. is a US global diversified hospitality company that franchises and manages a broad portfolio of hotels and related lodging facilities. Established by J. Willard Marriott, the company is now headed by his son, Executive Chairman Bill Marriott and President and Chief Executive Officer Arne Sorenson. The company is headquartered in Bethesda, Maryland in Washington, DC metropolitan area.

Home Country:
Sector:
Industry:
Hotels, Casinos, Resorts
Founded:
1927
Global employee count:
226500
Domestic employee count:
Number of domestic locations:

Financial Health

Revenue:
$17072000000 USD
3y average revenue:
$15118000000 USD
Operating expenses:
$15704000000 USD
3y average expenses:
$13825666667 USD
Funds in reserve:
$858000000 USD
Market country
Revenue from country
0.85

Asset Performance

  1. Product/Service/Dept. name
    North American full-service
    Product/Service revenue
    10376000000
  2. Product/Service/Dept. name
    North American limited-service
    Product/Service revenue
    3561000000
  3. Product/Service/Dept. name
    International
    Product/Service revenue
    2636000000

Innovation assets and Pipeline

Global brand rank:
267
Total patents held:
1

All company data collected from its 2016 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page. 

DISRUPTION VULNERABILITY

Belonging to the hotels, restaurants and leisure sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:

*First off, automation displacing ever larger numbers of workers from well paying jobs, growing economic and political instability across the globe, more frequent and destructive (climate change related) weather events, and increasingly realistic virtual reality travel software/games will represent downward pressures on the international travel and leisure sector as a whole over the coming two decades. However, there are countervailing trends that can play in this sector's favor.
*The cultural shift among Millennials and Gen Zs toward experiences over material goods will make travel, food, and leisure increasingly desirable consumption activities.
*The future growth of ride-sharing apps, like Uber, and the eventual introduction of all-electric and later supersonic commercial aircraft will decrease the cost of short and long-distance travel.
*Real-time translation apps and earbuds will make navigating in foreign countries and communicating with foreign speakers far less daunting, encouraging increased travel to less frequented destinations.
*The rapid modernization of developing countries will result in many new travel destinations becoming available to the global tourism and leisure market.
*Space tourism will become commonplace by the mid-2030s.

COMPANY’S FUTURE PROSPECTS

Company Headlines