This company is engaged in the operation of value and luxury hotels, as well as related lodging facilities. It was formerly known as New Marriott Mi Inc. It was founded in 1927 by J. Willard (Bill) and Alice S. Marriott. Its main business office is located in Bethesda, United States of America. The company has two operating groups, namely Marriott Lodging and Marriott Service Group. Its Marriott Lodging generates about 60 percent of company's revenue, and manages or franchises more than 1,350 lodging properties under 10 hotel brands worldwide. It also operates more than 30 timeshare vacation properties through Marriott Vacation Club International, and 25 United States conference centers through Marriott Conference Centers. The Marriott Service Group includes Marriott Management Services, which provides food and facilities management for business, education, and health care clients; Marriott Senior Living Services, which manages 75 senior living communities; and Marriott Distribution Services, which operates 15 distribution centers nationwide that provide food and related products to internal Marriott and external clients. The company's hotels include such full-service brands as Renaissance Hotels and its flagship Marriott Hotels & Resorts, as well as select-service and extended-stay brands Courtyard and Fairfield Inn. It also owns the Ritz-Carlton luxury hotel chain and several resort and time-share properties operated by Marriott Vacation Club International. The company is considered as one of the world's leading hoteliers, with approximately 2,900 operated or franchised properties in more than 65 countries. It is active and has operations, through its subsidiaries, in the United States, France, Ireland, Luxembourg, the United Kingdom, the Netherlands, Germany, Bermuda, Netherlands Antilles, Aruba, Jordan, Republic of Korea, Russian Federation, Venezuela, Puerto Rico, Austria, Costa Rica, Chile, Denmark, Poland, Thailand, Brazil, Honduras, Argentina, Hong Kong, Australia, Cayman Islands, Ecuador, Guatemala, Greece, India, Kazakhstan, Mexico, Singapore, Trinidad and Tobago, Switzerland, Canada, Spain, Liberia, Virgin Islands, Indonesia, and Japan.
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