Company Press Release: Marriott International, Inc.
February 18, 2000
WASHINGTON, DC -- Marriott International (NYSE: MAR) has been named 1999's ``Most Admired Company'' in the lodging
industry by Fortune magazine.
Last year, Fortune also recognized Marriott International as one of the ``100 Best Companies to Work For,'' and
named the company as one of the ``50 Best Companies for Asians, Blacks and Hispanics.''
Arne Sorenson, Marriott International's chief financial officer, said, ``We are very pleased to be named to Fortune's
list. Our goal is to deliver premium value to our customers, shareholders, and business partners, serve our communities,
and provide rewarding career opportunities for our associates.''
MARRIOTT INTERNATIONAL, INC. is a leading worldwide hospitality company with over 2,000 operating units in the
United States and 55 other countries and territories. The company's lodging business operates and franchises hotels
under the Marriott, Renaissance, Residence Inn, Courtyard, TownePlace Suites, Fairfield Inn, SpringHill Suites,
Ramada International, and The Ritz- Carlton brand names. Marriott International also develops and operates vacation
ownership resorts under the Marriott, Ritz-Carlton and Horizons brands; operates senior living communities, executive
apartments, and conference centers; and provides furnished corporate housing through its ExecuStay by Marriott
division. Other Marriott businesses include wholesale food distribution and procurement services. The company is
headquartered in Washington, D.C., and has approximately 143,000 employees. In fiscal year 1999, Marriott International
reported total sales of $8.7 billion.
SOURCE: Marriott International, Inc.