A SHARED HISTORY OF INNOVATION MARRIOTT INTERNATIONAL+STARWOOD HOTELS & RESORTS 1984 Revolutionizing guest loyalty, Marriott launches the precursor to its Marriott Rewards program which boasts 57 million members today.
1984 Marriott breaks into the 1969 luxury segment with the Marriott offers travelers opening of the JW Marriott its first hotel outside the hotel Washington, D.C. U.S. in Acapulco, Mexico, in honor of the company’s beginning its expansion founder. 1957 globally. The Twin Bridges Motor 1987 Hotel in Arlington, Va. 1972 Marriott announces the acquisition of Residence Inn, opens, the company’s first J.W. Marriott, Jr., is named foray into lodging. growing it into the leading extended-stay brand, while CEO of the company. simultaneously launching Fairfield Inn. 1927 1995 Founders J. Willard and 1983 Alice S. Marriott open an A&W 1953 With the first Courtyard The iconic industry standard root beer stand, later named The Hot Shoppes, Inc., stock becomes hotel, Marriott launches its in luxury, The Ritz-Carlton Hot Shoppe, in Washington, D.C. public at $10.25 a share and sells second lodging brand, Hotel Company, joins the out in two hours of trading. pioneering a new segment Marriott portfolio. for business travelers.
1998 Starwood invents the lifestyle segment with the launch of 1937 W Hotels in New York City. Sheraton Hotels is founded by Ernest Henderson and Robert Moore in Springfield, Mass. 1985 1998 1970 - 1974 Sheraton debuts as the first international hotel brand in China Starwood acquires Westin with the opening of the Great Wall Sheraton Hotel Beijing. Hotels & Resorts and ITT Sheraton Sheraton arrives in Latin America and enjoys Corporation and is renamed first-mover advantage with openings in Starwood Hotels & Resorts. 1930 Chile, Argentina, Peru and Brazil. 1991 Western Hotels, a chain of Barry Sternlicht begins Starwood Capital Partners, properties that becomes Westin a Chicago real estate company, which has Hotels & Resorts, is founded interests in more than 30 hotels in the first year. by Severt Thurston and Frank Dupar from Seattle, Wash.
TOGETHER, WE’RE BETTER 2016: Marriott International acquires Starwood Hotels & Resorts creating the world’s largest hotel company with more than 5,700 properties and over 1.1 million rooms across 30 brands in more than 110 countries. Page 1 of 2
© 1996 - 2016 MARRIOTT INTERNATIONAL, INC. ALL RIGHTS RESERVED. MARRIOTT PROPRIETARY INFORMATION A SHARED HISTORY OF INNOVATION MARRIOTT INTERNATIONAL+STARWOOD HOTELS & RESORTS 2012 Marriott acquires leading meetings 2014 and conventions brand Gaylord Hotels. Marriott debuts Moxy Hotels, a new brand catering to millennials; Marriott enters Sub-Saharan Africa with Protea Hotels acquisition. 2015 Marriott leads globally in giving guests the choice to check in from their mobile phones. 2007-2009 Marriott expands its luxury + lifestyle brand portfolio: • EDITION is launched in partnership with Ian Schrager (2007). • Marriott introduces the Autograph Collection (2009). 2012 Arne Sorenson becomes president and CEO, the company’s third CEO in 85 years and the 1997 first without the surname Marriott. Marriott acquires Renaissance Hotels, doubling the company’s 2016 presence outside the U.S. 2015 2011 Marriott is named to the Marriott acquires Delta Hotels & FORTUNE “100 Best Companies AC Hotels by Marriott is Resorts in Canada, the country’s to Work For®” list for the 19th introduced in Europe. leading lodging brand. consecutive year.*
1999 2009 2011 2005 Westin pioneers the white- W Hotels expands from a U.S. New York City becomes the first 2015 bed trend with the launch of Starwood significantly phenomenon to a global design city in the world to fly all nine Starwood launches Tribute the Westin Heavenly® Bed. expands its global portfolio powerhouse with openings in Doha, Qatar; Starwood brand flags. with the acquisition of Santiago, Chile; and Barcelona, Spain. Portfolio, the company’s 10th brand, Le Méridien, which is allowing guests and owners to “stay primarily located in Europe 2010 independent” while enjoying the benefits of SPG. and the Middle East. Starwood celebrates the opening of its 1,000th hotel, the Sheraton Qiandao 2016 Lake Resort, located on the shores of 2014 Starwood makes history China’s famed Qiandao Lake. Starwood launches SPG Keyless, the as the first U.S.-based industry’s first truly mobile and hospitality company 1999 keyless entry system. to enter Cuba in nearly The launch of Starwood 60 years. Preferred Guest (SPG) makes 2007 2014 headlines with its policy of Starwood reimagines the select-service category with Aloft Hotels introduces no blackout dates and online the launch of Aloft Hotels and Element Hotels. A.L.O. as the hotel brand’s redemption – all industry firsts. first Botlr, a robotic butler.
TOGETHER, WE’RE BETTER 2016: Marriott International acquires Starwood Hotels & Resorts creating the world’s largest hotel company with more than 5,700 properties and over 1.1 million rooms across 30 brands in more than 110 countries. Page 2 of 2 *From FORTUNE Magazine, March 15, 2016 © Time Inc. FORTUNE and 100 Best Companies to Work For are registered trademarks and are used under License. FORTUNE and Time Inc. are not affiliated with, and do not endorse products or services of, Marriott. © 1996 - 2016 MARRIOTT INTERNATIONAL, INC. ALL RIGHTS RESERVED. MARRIOTT PROPRIETARY INFORMATION