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Marriott International Recognized as One of 100 Best Companies to Work For by Fortune Magazine

Marriott International Recognized as One of 100 Best Companies to Work For by Fortune Magazine

Published 12-20-99

Submitted by Marriott International, Inc.

Marriott International, Inc. (MAR / NYSE) has been named as one of the 100 best companies to work for in America by Fortune according to the January 10 issue of the magazine.

Marriott was named to the Fortune list for the third year in a row. The list was compiled through a poll of more than 33,400 randomly selected employees at hundreds of companies nationwide.

“Marriott is very pleased to be recognized again by Fortune as one of the best places to work,” said Brendan M. Keegan, executive vice president, human resources, Marriott International. “We are proud of our associates’ ongoing commitment to service excellence. In addition, we are pleased that we can make a difference in the quality of their worklife.”

Fortune was assisted in compiling the list by Robert Levering and Milton Moskowitz, best-selling authors of The100 Best Companies to Work for in America. To be eligible, a company had to be at least ten years old and have a minimum of 500 employees. Fortune said that 236 candidates were selected for this year’s list from their database of more than 1,000 companies.

The Fortune 100 Best survey is employee-driven, with two thirds of the scoring based on the answers employees provide on the employee survey conducted by the Great Places to Work Institute in San Francisco. Fortune indicated that 35 companies that appeared on the 1998 list were dropped from this year’s list because more impressive companies surfaced.

The typical 100 Best company has 5,125 employees at 31 sites in the United States. It is 30 years old and has a CEO with a nine-year tenure, and 1998 revenues of $1.3 billion. Its work force is 47% female, 75% Caucasian, 7% African American, 5% Hispanic and 5% Asian. More than one third of employees have been on the job less than two years.

Marriott International, Inc. (NYSE:MAR) is a leading worldwide hospitality company with over 2,000 operating units in the United States and 57 other countries and territories. Marriott Lodging operates and franchises hotels under the Marriott, Renaissance, Residence Inn, Courtyard, TownePlace Suites, Fairfield Inn, SpringHill Suites and Ramada International brand names; develops and operates vacation ownership resorts under the Marriott, Ritz-Carlton and Horizons brands; operates executive apartments and conference centers; and provides furnished corporate housing through its ExecuStay by Marriott division. Other Marriott businesses include senior living communities and services, wholesale food distribution, procurement services and The Ritz-Carlton Hotel Company, LLC. The company is headquartered in Washington, D.C., and has approximately 145,000 employees. In fiscal year 1999, Marriott International reported total sales of $8.7 billion.

Marriott International, Inc. logo

Marriott International, Inc.

Marriott International, Inc.

Marriott International, Inc. (NYSE: MAR) is a leading lodging company based in Bethesda, Maryland, USA, with more than 3,800 properties in 72 countries and territories and reported revenues of nearly $12 billion in fiscal year 2012.

The company operates and franchises hotels and licenses vacation ownership resorts under 18 brands, including Marriott Hotels, The Ritz-Carlton, JW Marriott, Bulgari, EDITION, Renaissance, Gaylord Hotels, Autograph Collection, AC Hotels by Marriott, Courtyard, Fairfield Inn & Suites, SpringHill Suites, Residence Inn, TownePlace Suites, Marriott Executive Apartments, Marriott Vacation Club, Grand Residences by Marriott and The Ritz-Carlton Destination Club.

There are approximately 325,000 employees at headquarters, managed and franchised properties. Marriott is consistently recognized as a top employer and for its superior business operations, which it conducts based on five core values: put people first, pursue excellence, embrace change, act with integrity, and serve our world. For more information or reservations, please visit our website at www.marriott.com, and for the latest company news, visit www.marriottnewscenter.com.

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