The ratings on Bethesda, Md.-based Marriott reflect its strong business profile as exhibited by its sizable and good quality system of hotels, its ownership of 10 well known lodging brands that target multiple price points (although primarily upscale), its leadership position in timeshare, its experienced management, and its focus on managing and franchising hotels, rather than outright ownership. These factors are tempered by the cyclical nature of the lodging industry, and the susceptibility of the travel and leisure industry to global political events. Marriott is a leader in the hospitality industry through brand strength and diversity, as well as management depth, and experience. Its hotel portfolio encompasses more than 2,700 hotels and 495,000 rooms globally (excludes timeshare and executive apartments).
