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Maryland State Wire

Friday, April 26, 2024

MARYLAND DEPARTMENT OF COMMERCE: The world’s largest hotel company

Hotel

Maryland Department of Commerce is issued the following announcement on June 28.

The world’s largest hotel company grew up & continues to grow in Maryland! Congrats to @MarriottIntl, which broke ground on its new Maryland HQ last week. Marriott's Maryland success story -- > http://ow.ly/Za0230kH7Kt #Open4BizMD

A Hospitality Enterprise That Started With Root Beer

What began as a Washington D.C.-based A&W Root Beer stand in 1927 eventually grew to be the Hot Shoppe Restaurants, and by the mid-1950s, a hotel business known as Marriott. The company–based in Maryland since 1955, proved to be an innovator early on–opening the world’s first motor hotel in 1957. Ever since, Marriott has continued to break the mold and strategically expand.

From the 1960s through 2011, the company continued launching new brands, including AC Hotels, SpringHill Suites and TownePlace Suites; and acquiring existing brands including ExecuStay and Residence Inn.

Arne Sorenson, the company’s third CEO and first without the Marriott surname, took the reins in 2012. Under Sorenson’s leadership, Marriott’s innovation and growth-focused legacy is evolving.

Original source can be found here.

Source: Maryland Department of Commerce

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