Marriott : Craig Smith, Marriott Regional President Named One of Latin Trade Magazine’s 100 Most Powerful
December 18, 2014 at 02:20 pm EST
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Company cites strong local economies, growing middle class and an uptick in travel to and from the region as reasons for increased interest
Weston, FL, December 17, 2014 - Craig S. Smith, Marriott International's Regional President for the Caribbean & Latin America, was recognized for his leadership in the aggressive growth efforts for the company in the Caribbean and Latin America and has been named one of Latin Trade Magazine's 100 Most Powerful in the region. Smith has declared a goal of opening over 65 hotels in the next three years, bringing the regional portfolio to 150 hotels across 10 brands by the close of 2017.
"Latin America's booming economy has led to an expanding middle class eager to travel to new places and do business outside of the region, providing tremendous growth opportunities for Marriott's robust portfolio of brands across the Caribbean and Latin America," said Smith.
Marriott International, Inc. (NASDAQ: MAR) is a leading lodging global company based in Bethesda, Maryland, USA, with more than 4,100 properties in 79 countries and territories. Marriott International reported revenues of nearly $13 billion in fiscal year 2013. 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, Moxy Hotels, Courtyard, Fairfield Inn & Suites, SpringHill Suites, Residence Inn, TownePlace Suites, Protea Hotels,Marriott Executive Apartments and Marriott Vacation Club timeshare brand. Approximately 330,000 people work at Marriott managed and franchised hotels around the globe. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 47 million members.www.marriott.com, and for the latest company news, visit www.marriottnewscenter.com, or http://noticias.espanol.marriott.com/ for company news in Spanish.
Marriott International, Inc. specializes in hotel operating. Net sales break down by activity area as follows:
- The United States and Canada (79.9%):
- International (20.1%).
At the end of 2023, the group operated 8,785 hotels and residences (1,513,926 rooms) under the brands JW Marriott, The Ritz-Carlton, St. Regis, W Hotels, The Luxury Collection, EDITION, Bulgari, Marriott Hotels, Sheraton, Westin, Courtyard, Residence Inn, Le Méridien, Fairfield by Marriott, SpringHill, Renaissance, Four Points, AC Hotels by Marriott, Protea Hotels, Element, Moxy, etc., distributed between franchised hotels (6,563; 994,354 rooms), managed hotels (2,046; 575,963 rooms), owned and leased hotels (50; 13,115) and residential hotels (113; 11,481). In addition, the group is developing a real estate development business under its own brands.
MARRIOTT INTERNATIONAL, INC. 
