2022 was $17,929 Mil . Marriott International annual revenue for 2019 was $21.0B, a 1.03% growth from 2018. In, Marriott. Some highlights of the progress that Marriott International made in the past year include: Marriott's Sustainable Hotel Development Boosts Economies and Creates Jobs; Marriott's Foundation Receives $150,000 Grant to Support Youth Employment Revenue (Quarterly) Chart. Apply for the Job in Coordinador(a) de Revenue at Mexico City, NY. Reliable suppliers - It has a strong base of reliable supplier of raw material thus enabling the company to overcome any supply chain bottlenecks. To access the replay, call US Toll Free: 800-723-1517 or Global: +1 402-220-2659. A replay will be available at that same website until February 14, 2023. Please check your download folder. 211 followers 210 connections. Marriott International does not discriminate on the basis of disability, veteran status or any other basis protected under federal, state or local laws. None of the information on this page has been provided or approved by Marriott International. Marriott International's peak revenue was $21.0B in 2019. Adjusted results also excluded restructuring and merger-related charges, cost reimbursement revenue, and reimbursed expenses. DBA MARRIOTT INTERNATIONAL ADMINISTRATIVE SERVICES INC. DBA MARRIOTT INTERNATIONAL INC /MD/ Last updated: October 24, 2022. facts. Statista. Marriott International Find Non-U.S. Jobs Shape the Future, Ours and Yours Join the thousands of associates that make up our corporate headquarters and regional offices. We experienced significant progress in global RevPAR[1] recovery in 2021 despite the emergence of new variants and ongoing headwinds from the global pandemic. The company offers Marriott Bonvoy, its highly-awarded travel program. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Balance Sheet and LiquidityAt year-end 2021, Marriotts net debt was $8.7 billion, representing total debt of $10.1 billion less cash and equivalents of $1.4 billion. Brand Champions Ready to turn insight into action? [1] All occupancy, ADR and RevPAR statistics are systemwide constant dollar and include hotels that have been temporarily closed due to COVID-19. ET, Tuesday, February 15, 2022, until 8:00 p.m. Use sales techniques that maximize revenue while maintaining existing guest loyalty to Marriott. View the latest MAR financial statements, income statements and financial ratios. The annual revenue of Marriott International varies between 5.0B and 10B. View the Latest Cool Job Listings. Apply for a Marriott International Revenue Manager 1 job in Scottsdale, AZ. The franchisor is a worldwide operator and franchisor of hotels and related lodging facilities. Marriott International is the world's largest hotel company, with more brands, more hotels and more opportunities for associates to grow and succeed. Marriott International does not discriminate on the basis of disability, veteran status or any other basis protected under federal, state or local laws. The year-over-year decrease is largely due to lower debt balances. 1972 Marriott partners with Sun Line, becoming the first lodging company to enter the cruise business. Profit from the additional features of your individual account. 2018 Q1 Earnings Call Transcript with Q&A 212.1 KB. Marriott International, Inc., (NASDAQ: MAR) today reported third quarter 2022 results. These items totaled $38 million of after-tax profits ($0.12 per share) in the 2021 fourth quarter and an after-tax loss of $185 million ($0.57 per share) in the 2020 fourth quarter. Revenue (TTM) Chart. Anthony Capuano Chief Executive Officer Leeny Oberg Chief Financial Officer and Executive Vice President, Business Operations Erika Alexander Chief Global Officer, Global Operations Ty Breland 2022 was $5,338 Mil. * Prepares forecasts of revenue, profit, demand and occupancy for rooms and function space - three-month and six month, long range and budget. Marriott International Inc. MAR, -0.41% reported Thursday third-quarter profit and revenue that topped expectations, as revenue per available room (RevPAR) rose above 2019 levels. Upgrade now. With 30 renowned brands and 7,300+ properties in over 134 countries, Marriott has no intention of slowing down. Marriott International 1st Quarter 2018 Earnings Conference Call. Marriott International may also be known as or be related to marriott business services, Marriott Los Angeles Airport, Marriott International Inc., Marriott International, marriott vacations worldwide, marriott residence inn, TAKECARE RELIEF FUND INC, Marriott International, Inc., marriott, Marriott International Inc and Marriot. VOYAGE PROGRAM HIGHLIGHTS: When our founders, J.W. Click here to download MAR Q4 2021 Press Release Schedules or visit http://marriott.com/investor. New, Insights into the worlds most important health markets, Figures and insights about the advertising and media world, Everything you need to know about the industry development. The number of employees ranges from 100K to 9.9M. Note on forward-looking statements:All statements in this press release and the accompanying schedules are made as of February 15, 2022. Schedule Full-Time. Marriott annual/quarterly revenue history and growth rate from 2010 to 2022. We believe in hiring a diverse workforce and sustaining an inclusive, people-first culture. Role: -Forecasting. In the U.S. & Canada, RevPAR declined 15 percent compared to fourth quarter 2019 levels versus a 20 percent decline in the third quarter compared to 2019. Find out more about how we use your information in our privacy policy and cookie policy. Franchise Description: Marriott International, Inc. is the franchisor. Please check your download folder. Marriott International, Inc. (NASDAQ: MAR) is based in Bethesda, Maryland, USA, and encompasses a portfolio of nearly 8,000 properties under 30 leading brands spanning 139 countries and territories. At year end, Marriotts global lodging system totaled 7,989 properties, with more than 1,479,000 rooms. Fourth Quarter 2021 ResultsMarriotts reported operating income totaled $635 million in the 2021 fourth quarter, compared to 2020 fourth quarter reported operating loss of $128 million. Show more. The year-over-year increase was split evenly between the International and U. S. & Canada segments. dollars)." -Conducts Sales Strategy meetings with General Manager and key property staff to discuss Hotel strategy and evaluate pricing and inventory strategies. We caution you that these statements are not guarantees of future performance and are subject to numerous evolving risks and uncertainties that we may not be able to accurately predict or assess, including the risk factors that we identify in our Securities and Exchange Commission filings, including our most recent Annual Report on Form 10-K or Quarterly Report on Form 10-Q. When compared on a quarterly basis, the revenue witnessed an increase from $3167 million in Q2 2021 to $3607 million in Q3 2021, making an increment of 13.9% from the . Dollars). Adjusted diluted EPS in the 2021 fourth quarter totaled $1.30, compared to adjusted diluted EPS of $0.12 in the year-ago quarter. As a Premium user you get access to the detailed source references and background information about this statistic. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. EEO Notices "EEO is the Law" poster "EEO is the Law" supplement Marriott International Financials Summary financials Revenue ( Q2, 2022) $5.3B Gross profit ( Q2, 2022) $1.2B Net income ( Q2, 2022) $678.0M Cash ( Q2, 2022) $546.0M EBIT ( Q2, 2022) $950.0M Enterprise value $54.9B Competitors and similar companies Las Vegas Sands Travel & Leisure - Public Hilton Travel & Leisure - Public Hyatt Hotels Marriott International, Inc. Net income: US$630.0m (up 186% from 3Q 2021). View contact profiles from Marriott SIC Code 70,701 For more information, please visit our website at www.marriott.com, and for the latest company news, visit www.marriottnewscenter.com. With almost 7,000 properties worldwide, Marriott International is one of the largest hotel chains in the world, the largest (by far) in terms of revenue. The company operates through three segments: North Am Read More Phone Number: (301) 380-3000 Website: www.marriott.com Revenue: $13 Billion Marriott's Social Media Is this data correct? Marriott International's revenue growth from 2016 to 2020 is -31.39%. *12 months for US + Canada. Are you interested in testing our corporate solutions? Industry: Hotels , Franchises, selling or licensing , Time-sharing real estate sales, leasing and rentals Printer Friendly View Address: 10400 Fernwood Rd Bethesda, MD, 20817-1102 United States See other locations Phone: Website: www.marriott.com Employees (this site): Actual Employees (all sites): Actual Revenue: $13.86 billion Actual Marriott International, Inc. (NASDAQ: MAR) is based in Bethesda, Maryland, USA, and encompasses a portfolio of nearly 8,000 properties under 30 leading brands spanning 139 countries and territories. Corporate solution including all features. Cape Town, Western Cape, South Africa. 1972 J.W. Marriott operates and franchises hotels and licenses vacation ownership resorts all around the world. Marriott International, Inc. (NASDAQ: MAR) will conduct its quarterly earnings review for the investment community and news media on Tuesday, February 15, 2022, at 8:30 a.m. Eastern Time (ET). 2017. Marriott International annual revenue for 2019 was $21.0B, a 1.03% growth from 2018 Marriott International annual revenue for 2020 was $10.6B, a -49.59% growth from 2019. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Insights into the world's most important technology markets, Health Market Outlook Marriott's Net. Address: Marriott Drive Washington, D.C. 20058 U.S.A. Telephone: (301) 380-3000 Fax: (301) 380-3969 http://www.marriott.com Statistics: Public Company Incorporated: 1993 Employees: 192,000 Sales: $10.17 billion (1996) Stock Exchanges: New York Midwest Pacific Philadelphia statistic alerts) please log in with your personal account. Join to connect Marriott International. London, England 3 d. 58K Per Year (Glassdoor Est.) 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CONTACTS:Melissa Froehlich FloodCorporate Relations(301) 380-4839newsroom@marriott.com, Jackie Burka McConaghaInvestor Relations(301) 380-5126jackie.burka@marriott.com, Betsy DahmInvestor Relations(301) 380-3372betsy.dahm@marriott.com. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. Marriott International is an equal opportunity employer committed to hiring a diverse workforce and sustaining an inclusive culture. We, Yahoo, are part of the Yahoo family of brands. Marriott International insights Based on 6,577 survey responses What people like Ability to learn new things Feeling of personal appreciation Ability to meet personal goals Areas for improvement Overall satisfaction Choose Marriott Revenue Management (Former Employee) - Bethesda, MD - August 9, 2019 Hilton obsesses over wanting to be Marriott. Investment SpendingMarriott anticipates that full year 2022 investment spending will total $600 million to $700 million. ($ Million) Growth Rate (%) # Employees; 2021: Details in Premium Report: 2020: 2019: 2018: Here, Marriott International gets a 52 which is slightly above the average for the industry of 49. Marriott International's Revenue per Share for the three months ended in Jun. Our Story Diversity & Inclusion Diversity and inclusion is fundamental to our core values and strategic business goals. By the fourth quarter, global RevPAR was 19 percent below 2019 levels, a 40-percentage point improvement from the decline in the first quarter of the year. Please create an employee account to be able to mark statistics as favorites. At year end, the companys worldwide development pipeline totaled 2,831 properties with roughly 485,000 rooms, including 1,008 properties with more than 202,000 rooms under construction and 98 properties with approximately 19,000 rooms approved for development, but not yet subject to signed contracts. Marriott operates and franchises hotels and licenses vacation ownership resorts all around the world. I am incredibly optimistic about Marriotts future and look forward to continued recovery in 2022 and the prospects for meaningful growth in the coming years.. Marriott revenue for the quarter ending September 30, 2022 was, Marriott revenue for the twelve months ending September 30, 2022 was. Fourth quarter 2021 adjusted net income totaled $430 million, compared to 2020 fourth quarter adjusted net income of $39 million. Any of these factors could cause actual results to differ materially from the expectations we express or imply in this press release. Find the latest Revenue (TTM) for Marriott International (MAR) Job Description JOB SUMMARY Responsible for balancing the financial objectives of different lodging products to maximize total revenues and profit associated with guest rooms Position is accountable for pricing, positioning and inventory of all hotels within area of purview Develops and recommends sales strategy for . Date Value; June 30, 2022: 5.338B March 31, 2022: 4.199B . . Marriott annual revenue for 2020 was $10.571B, a 49.59% decline from 2019. Other non-RevPAR related franchise fees in the 2021 fourth quarter totaled $186 million, compared to $133 million in the year-ago quarter, aided by higher credit card and residential branding fees. Adjusted operating income in the 2020 fourth quarter excluded impairment charges of $44 million. 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