BUSINESS SUMMARY Marriott International, Inc., a hospitality company, operates and franchises hotels and related lodging facilities worldwide. It develops, operates, and franchises hotels and corporate housing properties under 15 brand names. The company also develops, operates, markets, and sells timeshare interval, fractional ownership, and residential properties under four brand names. As of June 30, 2008, Marriott International operated or franchised 3,069 lodging properties with 544,811 rooms, and provided 2,332 furnished corporate housing rental units. In addition, the company provides services to home/condominium owner associations for projects associated with its brands. Marriott was founded in 1971 and is headquartered in Bethesda, Maryland.
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