Marriott International's 2011 Annual Report: Embracing Change While Remaining Marriott to the Core (United States)
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Marriott International's 2011 Annual Report: Embracing Change While Remaining Marriott to the Core (United States)
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Category: North America & West Indies / Carribean islands - United States
This is a press release selected by our editorial committee and published online for free on 2012-04-12
Video Highlights Leadership Changes, Timeshare Spinoff and Booming Global Growth
Last year was a year of change for Marriott International, Inc. (NYSE: MAR). In its just-issued 2011 Annual Report online at www.marriott.com/investor, see how the company embraced change as it announced the spin-off of its timeshare business as well as the third CEO in company history. Even with major transitions the company remains Marriottto the core, and that means being the world's best hospitality company.
The easy-to-navigate report includes an executive presentation of the company's business, an overview of Marriott's industry-leading 18 brands, and financial and performance information. And, for the first time, Marriott shares - externally - a visual representation of its core values, vision and mission in the "Our Vision" section.
Another highlight--exclusive to the online version-- is a 5-minute video dialogue with Executive Chairman and Chairman of the Board J.W. "Bill" Marriott, Jr., and President and CEO Arne Sorenson, who remind viewers of the company's strong corporate culture, high-performing workforce, business model, and operational excellence that make Marriott a great company.
This year's annual report cover pays tribute to Bill Marriott, a business and industry icon who led the company as CEO for the past 40 years, firmly establishing it as a leading lodging company, growing it from 18 to more than 3,700 hotels worldwide.
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