About Marriott Bonvoy
Marriott Bonvoy is a company based in Bethesda (United States) founded in 1927 was acquired by Crawford Hoying in February 2024. It operates as a Subscription Services, and Direct-to-Consumer (D2C). The company has 418,000 employees as of December 31, 2024. Marriott Bonvoy has completed 6 acquisitions, including Delta Hotels and Resorts, Elegant Hotels and Protea Hotels. Marriott Bonvoy offers products and services including Hotel Bookings, Vacation Home Rentals, and Meetings & Events.
- Headquarter Bethesda, United States
- Employees 418000 as on 31 Dec, 2024
- Stage Public
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Sectors
Travel & Hospitality
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Marriott International
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Annual Revenue
$25.1 B5.85as on Dec 31, 2024
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Net Profit
$2.38 B-22.96as on Dec 31, 2024
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EBITDA
$4.37 B-1.29as on Dec 31, 2024
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Latest Funding Round
$265.31 K (USD), Grant
Jul 05, 2022
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Investors
Scotiabank
& 14 more
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Employee Count
418000
as on Dec 31, 2024
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Investments & Acquisitions
Delta Hotels and Resorts
& 5 more
- Acquired by
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IPO & Listings of Marriott Bonvoy
Marriott Bonvoy is a publicly listed company on the NASDAQ with ticker symbol MAR in USA, operating in the Consumer services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Marriott Bonvoy
Marriott Bonvoy offers a comprehensive portfolio of products and services, including Hotel Bookings, Vacation Home Rentals, and Meetings & Events. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Hotel accommodations are provided across various global locations.
Private home rentals are offered for family vacations.
Event spaces are arranged for business and social gatherings.
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Leadership Team
162 people
Software Development Team
147 people
Sales and Marketing
136 people
Human Resources and Administration
95 people
Creative and Marketing Team
53 people
Operations Team
51 people
Product Management Team
46 people
Finance and Accounting
35 people
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Funding Insights of Marriott Bonvoy
- Total Funding Total Funding
- Total Rounds 17
- Last Round Grant — $265,308
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First Round
First Round
(14 Jan 2010)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Grant - Marriott Bonvoy | Valuation |
investors |
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| Feb, 2022 | Amount | Grant - Marriott Bonvoy | Valuation |
investors |
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| Nov, 2021 | Amount | Grant - Marriott Bonvoy | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Marriott Bonvoy
Marriott Bonvoy has secured backing from 15 investors, including institutional investors. Prominent investors backing the company include Scotiabank, Crédit Agricole and Bank of America. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Government portal offering various online services and information to citizens, businesses, and authorities, providing access to a wide range of topics such as economy, education, healthcare, and more
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Founded Year | Domain | Location | |
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Government programs access and development services are provided by NRW.
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Founded Year | Domain | Location | |
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Real-estate investment management company
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Marriott Bonvoy
Marriott Bonvoy has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Delta Hotels and Resorts, Elegant Hotels and Protea Hotels. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Affordable luxury boutique hotels are operated in city centers.
|
2005 | ||||
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Provider of resort services
|
1999 | ||||
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Hotels chain by Starwood Hotels
|
1998 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Marriott Bonvoy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Marriott Bonvoy Comparisons
Competitors of Marriott Bonvoy
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Marriott Bonvoy
Frequently Asked Questions about Marriott Bonvoy
When was Marriott Bonvoy founded?
Marriott Bonvoy was founded in 1927 and raised its 1st funding round 83 years after it was founded.
Where is Marriott Bonvoy located?
Marriott Bonvoy is headquartered in Bethesda, United States. It is registered at Bethesda, Maryland, United States.
How many employees does Marriott Bonvoy have?
As of Dec 31, 2024, the latest employee count at Marriott Bonvoy is 418,000.
What is the annual revenue of Marriott Bonvoy?
Annual revenue of Marriott Bonvoy is $25.1B as on Dec 31, 2024.
What does Marriott Bonvoy do?
Hospitality services are offered by Marriott Bonvoy through a vast network of hotels and resorts worldwide. Operations span luxury, premium, and select categories, catering to diverse traveler needs. Vacation home rentals are also provided for family and group stays in various scenic locations. Business and social event spaces are arranged to support meetings, weddings, and other gatherings. The company focuses on delivering personalized experiences through its loyalty program and mobile app, ensuring seamless access to bookings and travel planning across multiple sectors of the hospitality industry.
What products or services does Marriott Bonvoy offer?
Marriott Bonvoy offers Hotel Bookings, Vacation Home Rentals, and Meetings & Events.
Is Marriott Bonvoy publicly traded?
Yes, Marriott Bonvoy is publicly traded on NASDAQ under the ticker symbol MAR.
How many acquisitions has Marriott Bonvoy made?
Marriott Bonvoy has made 6 acquisitions, including Delta Hotels and Resorts, Elegant Hotels, and Protea Hotels.
Who are Marriott Bonvoy's investors?
Marriott Bonvoy has 15 investors. Key investors include Scotiabank, Crédit Agricole, Bank of America, US Bank, and United States Department of Agriculture.
What is Marriott Bonvoy's ticker symbol?
The ticker symbol of Marriott Bonvoy is MAR on NASDAQ.
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