I want to know about the development history of Marriott Hotel Group?

Marriott International is a world-renowned hotel management company and one of Fortune 500 companies. Marriott International was founded in 1927 and headquartered in Washington, USA. At present, Marriott International owns 265,438+0 famous hotel brands, operates more than 4,000 hotels around the world, and has an annual turnover of nearly $20 billion. It has been rated as the most outstanding company in the hotel industry by world-renowned business magazines and media for many times. The development of Marriott International originated from 1927. The late Willard Mariott founded the company's early small-scale beer shop named "Hot Shop" in Washington, USA, which quickly developed into a well-known chain restaurant with fast service, considerate service, reasonable price and consistent product quality. The key to its successful experience is that employees and customers have been the most important business of the company since its establishment. The business philosophy founded by Mr Willard marriott is that if you can make employees feel proud of their work, they will provide quality services to customers. On this basis, the successful operation of chain "hot-selling stores" provided congenital conditions for marriott to set foot in the later development of the hotel industry. The first Marriott Hotel opened in Washington, DC on 1957. Under the guidance of the company's core business philosophy and based on early successful management experience, Marriott Hotel has grown rapidly and made great progress. This newly-joined hotel is famous for its luxurious facilities from the beginning, and enjoys a high reputation in the hotel industry for its stable product quality and excellent service. By 198 1, the number of Marriott hotels has exceeded 100, and there are more than 40,000 high-standard rooms, which set an annual sales of $2 billion that year. In 1980s, Marriott carefully designed and founded Courtyard by Marriott according to market development and specific needs. 1983, the first Marriott hotel in America officially opened. Courtyard courtyard courtyard courtyard courtyard courtyard courtyard courtyard courtyard courtyard courtyard courtyard courtyard courtyard courtyard courtyard courtyard courtyard courtyard courtyard courtyard courtyard courtyard courtyard courtyard courtyard courtyard courtyard courtyard. Soon, it became a leader in other industries. 1984, J.W. Marriott Hotel named after the founder of the company opened in Washington, USA. J.W. Marriott Hotel brand is an ultra-luxury hotel brand upgraded on the basis of Marriott Hotel standards, providing guests with more luxurious and comfortable facilities and distinctive high-level services. Since then, 1987, Marriott Company acquired "ResidenceInn", which is characterized by all hotel rooms being suite facilities, mainly providing convenient and practical suites and corresponding services for long-term guests. In the same year, Marriott launched two new brand hotels, FairfieldInn and MarriottSuites. By the end of 1989, Marriott has developed into a large hotel group with 539 hotels and 134000 rooms. In the sustained and rapid development, Marriott International acquired the Ritz-Carlton, the world's leading top luxury hotel chain, with 1995. This move makes Marriott the first hotel group to have high-quality brands of various grades. Later, in 1997, we successively completed the acquisition of Renaissance and its subordinate New World Hotel and Ramaden International Hotel. This has enabled Marriott International to achieve a substantial increase in the number of hotels in the world, especially in the Asia-Pacific region, and become a leading hotel group. Marriott International entered the China hotel market from 65438 to 0997, and has developed rapidly since then. At present, the Ritz-Carlton Hotel, JW Marriott Hotel, Marriott Hotel, Renaissance Hotel, Courtyard by Marriott Hotel and Marriott Executive Apartment under Marriott International have 73 hotels in China, which are currently under construction.