1、MARRIOTT INTERNATIONAL, INC. 2009 ANNUAL REPORTPeople. Places. Purpose.PEOPLE. PLACES. PURPOSE.At Marriott International, our enduring commitment to service sets us apart. For more than 80 years, we have built a reputation for putting people fi rst. Our outstanding associates deliver genuine care, m
2、aking guests feel welcome at more than 3,400 properties in nearly 70 countries and territories. As a global hospitality leader, we constantly innovate to meet our guests changing needs, and operate our business with a sense of purpose in every community we call home.ABOVE: LEFT Marriotts Phuket Beac
3、h Club, A Marriott Vacation Club Resort ThailandRIGHT Residence Inn Newport News Airport VirginiaCOVER: LEFT La Concha Renaissance San Juan Resort Puerto RicoRIGHT JW Marriott Khao Lak Resort & Spa Thailand Residence Inn Tampa Suncoast Parkway at NorthPointe Village FloridaResidence Inn by Marriott
4、helps guests thrive on long stays. With more than 600 properties, spacious suites with full kitchens offer the comforts of the modern home, while associates provide intuitive service with a human touch. Residence Inn helps guests perform at their best.TownePlace Suites Tampa Westshore/Airport Florid
5、aTownePlace Suites by Marriott provides guests a place to settle in and connect to the local area. With a casual, residential atmosphere and full kitchen in every suite, at nearly 185 properties, TownePlace Suites is designed for real living. Millennium Park Plaza Chicago, IllinoisMarriott ExecuStay
6、 provides furnished apartments for stays of 30 days or longer. All of the details furniture, full kitchen, and utilities are in place providing guests the comfort and conveniences they need. Locations in over 300 U.S. cities range from urban studios to suburban three-bedroom apartments. Fairfi eld I
7、nn & Suites Lake City FloridaFairfi eld Inn & Suites by Marriott allows guests to travel with confi dence by giving them just what they need at an exceptional value. With nearly 630 properties throughout the United States, Canada and Mexico, guests can rely on Fairfi eld Inn & Suites to deliver outs
8、tanding service so travel is easy, comfortable and productive.SpringHill Suites by Marriott offers a fresh perspective in the upper-moderate lifestyle tier. With more than 250 properties in North America, SpringHill Suites blends substance and style through spacious suites, relaxing ambience and ins
9、pired service and guest amenities.Courtyard by Marriott offers a refreshing environment that helps guests stay connected, productive and balanced. Intuitive services and design accommodate guests needs for choice and control in more than 850 locations in over 30 countries. Torrance Marriott South Ba
10、y CaliforniaMarriott Hotels & Resorts is the hotel brand that helps guests make the most out of every day. With more than 500 properties worldwide, including conference centers, and a focus on exceptional service and genuine comfort, our hotels are designed to maximize the travel experience for our
11、guests.Modern ClassicsSMBvlgari Hotels & Resorts, developed in partnership with jeweler and luxury goods designer Bvlgari SpA, currently features two sophisticated and intimate properties located in Milan and Bali. Each property showcases Bvlgaris striking contemporary interpretation of luxury desig
12、n. The Ritz-Carlton Highlands,Lake Tahoe CaliforniaThe Bvlgari Hotel, Milano ItalyThe Ritz-Carlton Hotel Company, recognized worldwide as “the gold standard of hospitality,” manages over 100 award-winning hotels and resorts; private condominiums; fractional ownership properties; golf communities wit
13、h exclusive private homes; elegant spas; and highly successful restaurants.The JW Marriott luxury portfolio consists of beautiful properties in gateway cities and distinctive resort locations worldwide. Guests are at ease in an environment of relaxed elegance and effortless luxury that refl ects its
14、 locale. These quietly luxurious hotels offer services that help affl uent travelers achieve personal goals without distraction or disruption.Luxury Yeouido Park Centre, Seoul Marriott Executive ApartmentsSouth KoreaMarriott Executive Apartments provides upscale accommodations for guests on extended
15、 stays of 30 days or longer outside the United States. Offering studios to three-bedroom apartments, the brand combines the comfort of residential living and services of a Marriott hotel. Each property features state-of-the-art technology.Extended StayPhulay Bay, a Ritz-Carlton Reserve ThailandRitz-
16、Carlton Reserve is for those who seek to escape the stresses of everyday life and immerse themselves in a personally-tailored-to-suit vacation experience. Ritz-Carlton Reserve provides one-of-a-kind, intimate resorts located in “hideaway” destinations, each with a distinctive personality refl ecting
17、 the local history and culture. SpringHill Suites Chicago Waukegan/Gurnee IllinoisJW Marriott Camelback Inn Scottsdale Resort & Spa ArizonaCourtyard Stuart FloridaWith 18 brands, Marriott International offers the broadest and most diverse portfolio in the lodging industry. Each brand has been design
18、ed to deliver a unique type of travel experience across a range of customer segments. We are always reinventing and refreshing our classic brands for our loyal customers, while introducing new brands to attract additional guests.Brand DifferentiationMarriotts Oceana Palms, A Marriott Vacation Club R
19、esort FloridaMarriott Vacation Club is a worldwide leader in the vacation ownership industry. One-, two- and three-bedroom villas feature a fully equipped kitchen, living/dining area, master suite, balcony and washer/dryer. Owners may exchange weeks for other Marriott Vacation Club resorts or trade
20、for Marriott Rewards points. The Ritz-Carlton Club and Residences, Kapalua Bay HawaiiThe Ritz-Carlton Destination Club is an equity-based luxury vacation program. Members select either a Home Club Membership, which provides use of a residence at a property they can return to every year, or a Portfol
21、io Membership, which affords the opportunity to discover a wide variety of worldwide locations and experiences.Grand Residences by Marriott MayfairLondon EnglandThis unique brand of fractional and private ownership combines all the advantages of a second home with the amenities and personal service
22、of a luxury resort. It offers the ultimate alternative to condominiums and seasonal rentals, while providing fl exible usage options that reveal endless travel possibilities.TimeshareRenaissance Hotels speaks to the modern discoverer in all of us, who lives to unearth lifes hidden gems, collecting n
23、ew tastes, sights, sounds, and experiences along the journey. At over 140 properties worldwide, theres always something wonderfully new to be found.LifestyleThe Waikiki EDITION HawaiiEDITION,SM a collaboration with Ian Schrager, will be the next generation of boutique hotels. This truly global lifes
24、tyle hotel brand will combine outstanding innovation and design with the highest levels of service execution.The Autograph Collection,SM the companys newest brand, features a select group of upscale and luxury independent hotels, each with its own distinct personality and unique experiences, style a
25、nd features. Located in major cities and desired destinations worldwide, Autograph hotels are for travelers who favor a hotel stay as unique and original as they are.Grand Bohmian Hotel Asheville, North CarolinaRenaissance Paris Arc de TriompheHotel FranceCorporate HeadquartersMarriott International
26、, Inc.10400 Fernwood RoadBethesda, MD 20817301/380-3000Internet: MCommon Stock ListingsThe companys Class A Common Stock (ticker symbol: MAR) is listed on the New York Stock Exchange and the Chicago Stock Exchange.Shareholders of RecordAt January 29, 2010, there were 358,522,350 shares of Class A Co
27、mmon Stock outstanding held by 44,867 shareholders of record.Investor RelationsFor information, call: 301/380-6500Internet: M Registered Public Accounting FirmErnst & Young LLPMcLean, VAAnnual Meeting of ShareholdersMay 7, 201010:30 a.m.JW Marriott Hotel Washington, DC1331 Pennsylvania Avenue, NWWas
28、hington, DC 20004Registrar and Transfer AgentShareholder inquiries regarding stock transfers, dividend payments, address changes, enrollment in the companys direct investment plan, lost stock certificates, or other stock account matters should be directed to:BNY Mellon Shareowner Services480 Washing
29、ton Blvd., 29th FloorJersey City, NJ 07310800/311-4816 (U.S. and Canada)+1 201/680-6693 (International)Internet: Stock Prices and Dividends Cash Dividends Declared Stock Price Per High Low Share(1)2008First quarter . $37.59 $31.17 $0.0742Second quarter . 37.89 28.33 0.0866Third quarter . 30.27 22.12
30、 0.0866Fourth quarter . 30.24 11.88 0.08662009First quarter . $22.12 $12.22 $0.0866Second quarter . 25.23 15.97 Third quarter . 25.49 18.94 Fourth quarter . 28.50 24.14 (1) For periods prior to the stock dividends that were declared during 2009, all per share data in this Annual Report have been ret
31、roactively adjusted to reflect the stock dividends. See the “Basis of Presentation” caption in Footnote No. 1, “Summary of Significant Accounting Policies,” on page 52 for additional information regarding the stock dividends.Telephone NumbersFor reservations or information, call:Autograph Collection
32、 . 800/228-9290Bvlgari Hotels & Resorts . 301/547-4900Courtyard . 800/321-2211Fairfield Inn & Suites . 800/228-2800Grand Residences by Marriott . 888/220-2058JW Marriott . 800/228-9290Marriott ExecuStay . 888/340-2565Marriott Executive Apartments . 800/800-5744Marriott Hotels & Resorts . 800/228-929
33、0Marriott Vacation Club . 866/300-3032Renaissance Hotels . 800/468-3571Residence Inn . 800/331-3131The Ritz-Carlton Destination Club. 800/941-4386The Ritz-Carlton Hotel Company, L.L.C. . 800/241-3333Ritz-Carlton Reserve . 800/241-3333SpringHill Suites . 888/287-9400TownePlace Suites . 800/257-3000Lo
34、dging Development InquiriesANTHONY CAPUANOExecutive Vice PresidentGlobal Development . 301/380-4137LAURENT DE KOUSEMAEKERSenior Vice PresidentCaribbean and Latin America . 301/380-2340JOEL EISEMANNExecutive Vice PresidentSelect-Service and Extended-Stay, North America . 301/380-6066CARLTON ERVINChie
35、f Development OfficerEurope . 41-44-723-5100PAUL FOSKEYExecutive Vice PresidentAsia/Pacific . 852-2918-6230TIM GRISIUSSenior Vice PresidentMixed Use Development . 301/380-4137JEAN-MARC GROSFORTChief Development OfficerMiddle East and Africa . 33-1-4099-8792RICHARD HOFFMANExecutive Vice PresidentMerg
36、ers, Acquisitions and Business Development . 301/380-1670SCOTT MELBYExecutive Vice PresidentDevelopment, Planning and Feasibility . 301/380-4137INTERNETMarriottDCorporate InformatIonOther InformationAny shareholder who would like a copy of the companys Annual Report on Form 10-K for fiscal year 2009
37、 may obtain one, without charge, by addressing a request to the Secretary, Marriott International, Inc., Department 52/862, 10400 Fernwood Road, Bethesda, MD 20817. The companys copying costs will be charged if copies of exhibits to the Annual Report on Form 10-K are requested. You may also obtain a
38、 copy of the Annual Report on Form 10-K for fiscal year 2009, including exhibits, from the companys website at M clicking on “SEC Filings.”Internet Users: We invite you to learn more about Marriotts business and growth opportunities at M Our investor site includes an electronic version of this repor
39、t, investor presentations, earnings conference calls, press releases, SEC filings, company history, and information about the companys governance and Board of Directors. You may also enroll in our dividend reinvestment plan.Shareholders may also elect to receive notices of shareholder meetings, prox
40、y materials and annual reports electronically through the Internet. If your shares are registered in your own name, and not in “street name” through a broker or other nominee, simply log in to the Internet site maintained by our transfer agent, BNY Mellon Shareowner Services, at and the step-by-step
41、 instructions will prompt you through enrollment.residence Inn tampa Suncoast parkway at northpointe Village floridaResidence Inn by Marriott helps guests thrive on long stays. With more than 600 properties, spacious suites with full kitchens offer the comforts of the modern home, while associates p
42、rovide intuitive service with a human touch. Residence Inn helps guests perform at their best.towneplace Suites tampa Westshore/airport floridaTownePlace Suites by Marriott provides guests a place to settle in and connect to the local area. With a casual, residential atmosphere and full kitchen in e
43、very suite, at nearly 185 properties, TownePlace Suites is designed for real living.millennium park plaza Chicago, IllinoisMarriott ExecuStay provides furnished apartments for stays of 30 days or longer. All of the details furniture, full kitchen, and utilities are in place providing guests the comf
44、ort and conveniences they need. Locations in over 300 U.S. cities range from urban studios to suburban three-bedroom apartments. fairfield Inn & Suites Lake City floridaFairfield Inn & Suites by Marriott allows guests to travel with confidence by giving them just what they need at an exceptional val
45、ue. With nearly 630 properties throughout the United States, Canada and Mexico, guests can rely on Fairfield Inn & Suites to deliver outstanding service so travel is easy, comfortable and productive.SpringHill Suites by Marriott offers a fresh perspective in the upper-moderate lifestyle tier. With m
46、ore than 250 properties in North America, SpringHill Suites blends substance and style through spacious suites, relaxing ambience and inspired service and guest amenities.Courtyard by Marriott offers a refreshing environment that helps guests stay connected, productive and balanced. Intuitive servic
47、es and design accommodate guests needs for choice and control in more than 850 locations in over 30 countries.torrance marriott South Bay CaliforniaMarriott Hotels & Resorts is the hotel brand that helps guests make the most out of every day. With more than 500 properties worldwide, including confer
48、ence centers, and a focus on exceptional service and genuine comfort, our hotels are designed to maximize the travel experience for our guests.modern ClassicsSMBvlgari Hotels & Resorts, developed in partnership with jeweler and luxury goods designer Bvlgari SpA, currently features two sophisticated
49、and intimate properties located in Milan and Bali. Each property showcases Bvlgaris striking contemporary interpretation of luxury design.the ritz-Carlton Highlands,Lake tahoe Californiathe Bvlgari Hotel, milano ItalyThe Ritz-Carlton Hotel Company, recognized worldwide as “the gold standard of hospitality,” manages over 100 award-winning hotels and resorts; private condominiums; fractional ownership properties; golf communities with exclusive private homes; elegant spas; and highly successful restaurants.The JW Marriott luxury portfolio consists of beautiful properties in gateway cities and
