Stock price Marriot International (MAR) today

Marriott International, an international hotel company, manages more than 6,000 hotels worldwide. Founded in 1927 as a family restaurant, in 1937 it became the first supplier of ready meals for airlines. In 1957, the first hotel of the company was opened - Twin Bridges Marriott Motor Hotel and in 1964, the company carried out a complete restructuring, acquired the rights to service air transportation and began buying hotels and restaurant chains. In 1967, the name was changed to Marriott Corporation and the next year an IPO was held. In the 80s, Marriott bet on the purchase of well-known hotel chains, including the American Resorts Group and the Residence Inn Company, and began to open low cost hotels of the Fairfield Inn brand. In 1994, Marriott Corporation split into two independent companies: Marriott International and Host Marriott Corporation. In the 90s, Marriott International bought The Ritz-Carlton Hotel Company LLC. and Renaissance Hotel Group N.V. In 2015 and 2016, the company acquired Delta hotels for $ 168 million and merged with Starwood Hotels and Resorts Worldwide for $ 13.6 billion. To date, the company owns more than 30 brands of hotel chains, with 1.1 million rooms worldwide and a capitalization of 33 billion dollars.