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Marriott Corporation information


Marriott Corporation
FormerlyThe Hot Shoppe (1927–1929)
Hot Shoppes, Inc. (1929–1964)
Marriott-Hot Shoppes, Inc. (1964–1967)
Company typePublic
Traded as
NYSE: MHS
IndustryHospitality
Founded1927; 97 years ago (1927) as The Hot Shoppe in Washington, D.C., U.S.
FounderJ. Willard Marriott
Defunct1993; 31 years ago (1993)
FateCorporate split
SuccessorMarriott International and Host Marriott Corporation
HeadquartersBethesda, Maryland, U.S.
Area served
Worldwide
Key people
Bill Marriott (Chairman, CEO and President) at time of corporate split
ProductsHotels, resorts, restaurants, food service
Total assets$9.1 billion (1992)
OwnerMarriott family (25%)
Footnotes / references
[1]

Marriott Corporation was a hospitality company that operated from 1927 until 1993, founded by J. Willard Marriott and Frank J. Kimball as Hot Shoppes, Inc. In 1957, Marriott Corporation opened its first hotel in Arlington County, Virginia, United States as the Twin Bridges Motor Hotel (demolished 1990).[2]

Marriott Corporation's first international property was opened in Acapulco, Mexico, in 1969.[2] Hot Shoppes became Marriott Corporation in 1967, which subsequently split into Marriott International, Inc. and Host Marriott Corporation in 1993.

  1. ^ McDowell, Edwin (February 4, 1993). "Will Marriott Ever Stand Divided?". New York Times.
  2. ^ a b "The Marriott Timeline". Marriott International.

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