- Last Year Rank: 16
- Investment Range: $82,965,890 - $206,616,490
- Initial Investment: $120,000
- Category: Hotel/Travel
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.
- Global Sales: $7,675,000,000*
- US Units: 375
- International Units: 325
- Total Units: 700
- Percent Franchised: 45%
- % International Units: 46%
- US Franchised Units: 243
- International Franchised Units: 70
- Sales Growth %: 34.6%
- Unit Growth %: 2.0%
*Franchise Times Estimate