Marriott International rStock RMAR
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RMAR
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Description
Marriott International operates and franchises global hotel and lodging facilities. The business model primarily consists of signing long-term management contracts and issuing brand franchise rights, rather than directly owning the majority of the hotel real estate itself. Its brand portfolio encompasses luxury, premium, and extended-stay room services. The company collects management and brand licensing fees from hotel owners and allocates room inventory by operating a loyalty booking network.