Marriott International MAR

NASDAQ Consumer services USD

Marriott International, Inc. is a global hospitality company that operates, franchises, and licenses a broad portfolio of hotels and related lodging facilities. The company's business model is primarily asset-light, focusing on managing and franchising its extensive portfolio of brands rather than owning the underlying real estate. It generates revenue through base management fees, franchise fees, and incentive management fees from the properties operating under its brands, which include luxury names like The Ritz-Carlton and St. Regis, premium brands such as Marriott Hotels and Sheraton, and select-service brands like Courtyard and Fairfield. Marriott serves a diverse range of customers, including business and leisure travelers, through its global network and its Marriott Bonvoy loyalty program, which is a significant driver of customer engagement and repeat business.