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9. Marriott Hotels & Resorts

Last Year's Rank: 9

Investment Range: $67,354,090 - $105,312,590

Initial Franchise Fee: $100,000

Category: Hotel/Travel

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Company Description

Marriott is one of the largest hotel and resort chains in the world in terms of both number of units and annual revenue. Marriott currently operates 30 hotel brands, ranging from classic to luxury to extended stay offerings on six continents, including Courtyard and Sheraton brands.

Founders J. Willard and Alice Marriott started an A&W root beer franchise in Washington, D.C., in 1927, and their son Bill opened the first Marriott motor hotel in Arlington, Virginia, in 1957.

To compete with booking websites like Expedia, Marriott has exclusive member rates and the ability to use its mobile app to check in and out. In 2018, Marriott suffered a setback when its Starwood Hotel branch reported a data breach affecting nearly 400 million guests.

Company Statistics

Global Sales: $12,000,000,000*

US Units: 369

International Units: 282

Total Units: 651

Percent Franchised: 44%

% International Units: 43%

US Franchised Units: 225

International Franchised Units: 59

Sales Growth %: 4.3%

Unit Growth %: 0.6%

*Franchise Times Estimate

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