| Formerly | The Hot Shoppe (1927–1929) Hot Shoppes, Inc. (1929–1964) Marriott-Hot Shoppes, Inc. (1964–1967) |
|---|---|
| Company type | Public |
| NYSE: MHS | |
| Industry | Hospitality |
| Founded | 1927 as The Hot Shoppe in Washington, D.C., U.S. Incorporated in 1929 as Hot Shoppes, Inc. in Wilmington, Delaware, U.S. |
| Founder | J. Willard Marriott |
| Defunct | 1993 |
| Fate | Corporate split |
| Successor | Marriott International and Host Marriott Corporation |
| Headquarters | Bethesda, Maryland, U.S. |
Area served | Worldwide |
Key people | Bill Marriott (chairman, CEO and president) at time of corporate split |
| Products | Hotels, resorts, restaurants, food service |
| Total assets | $9.1 billion (1992) |
| Owner | Marriott family (25%) |
| Footnotes / references [1] | |
The Marriott Corporation was a hospitality company that operated from 1927 until 1993. It was founded by J. Willard Marriott and Frank J. Kimball as Hot Shoppes, Inc. In 1957, it opened its first hotel in Arlington County, Virginia, the Marriott Motor Hotel (demolished 1990).[2]
Marriott Corporation's first international property was opened in Acapulco, Mexico, in 1969.[2] Hot Shoppes became Marriott Corporation in 1967, which subsequently split into Marriott International, Inc. and Host Marriott Corporation in 1993.