Sunday, April 19, 2020

Marriott International Company Opportunities

With a variety of famous and magnificent hotels and resorts, Marriot International is the favoured retreat and business destination for most people. Here, guests are treated with flexible booking options, an outstanding care, and varied destinations in an exceptional sumptuous surrounding.Advertising We will write a custom essay sample on Marriott International Company Opportunities specifically for you for only $16.05 $11/page Learn More Marriot International is among the largest international operators in hotels and cottage amenities. It was established in 1927 by J. Marriot in Washington D.C. Initially, Marriot together with his wife started out with a root beer tavern not knowing that it would expand and become an international retreat centre. The tavern then increased into a series of restaurant s and pubs. In 1959, Marriott established the Key Bridge Marriott in Arlington, which then was then the best operating hotel ever established. It incorporat ed 3100 properties. Currently, the company possesses more than 3000 lodging facilities in the United states of America and other 500 lodging facilities distributed all over the world. Marriot’s son, who is the current CEO, spearheaded this growth. In the year 1992, the company divided into Marriot International and Host Marriot corp. It was not until 2002, when the company restructured. Marriot International then centred on hotel management. Towards May 1995, the company purchased 50% interest in Carlton Hotel Company intended at generating additional sales and profits. The following year, Marriott international fully owned Carlton and took over its management. As a result, Marriot financed Carlton into a profitable business and assisted them with their expertise. During this period, Carlton regained its power and recognition in the market. Despite its tremendous success, Marriott has suffered tremendous setbacks. In 2001, during the 9/11 attacks, Marriott World Trade Centre was destroyed and subsequently in 2003 the Marriott hotel bombing occurred. These two attacks caused a significant decline in the number of bookings, and a reduction in the profit margins in the year 2001 and 2003. By the year 2004, Marriott became the first hotel to serve free Trans fats food in the US. Two years later, the company affirmed that it was going to ban smoking in all its lodging properties in North America. This ban affected all guest rooms, lounges, and public facilities in the company.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More In the year 2011, the company announced that they aimed at establishing 600 hotels before the year 2015 and that they were going to prioritize on the growing economies like China and India. At the beginning of this year, Marriott began the construction of the tallest hotel in the globe. The hotel is situated in United Arab Emirates and it compris es over 2000 rooms. In addition, it occupies an area of 5000 square metres. Constantly, Marriott has offered interns and college graduates the best opportunities vital to the growth of their future careers. These opportunities vary from part time to full time and from one country to another. With respect to the interns, they will be exposed to diverse disciplines at the company. Marriott’s brands consist of distinctive guest experience hence students are offered the opportunity to nurture their career as they apply the theoretical knowledge learned in class. Through this, students gain experience on how to handle various roles when they start to work. Regarding the management programs, students are equipped with management skills and given an opportunity to explore their talents through various activities in the workplace. Mostly, Students are encouraged to concentrate in the areas that they are gifted for effective outcomes. These areas include accounting, food and beverages , room operations, spa services and sales and marketing. Marriott offers various opportunities to graduates across all disciplines. The company offers several posts in the treasury and corporate finance departments to graduates specialized in accounting and finance. Regarding the food and beverages specialist, Marriott offers a variety of skills in management and supervision. An individual can work in various scenarios such as serving individuals or large groups. With respect to information technology experts, Marriott offers numerous opportunities since advancement in Information technology has enabled it to remain operational and deliver the best services to its customers on vacations. Therefore, not only will they be paid well, but also they will be presented with several opportunities to enhance their career. There are numerous benefits of Marriott enjoyed by the guests and employees. First, employees are given an opportunity to work in the best hospitality company in the world. In addition, the company acknowledges every individual’s effort by rewarding hardworking employee. These rewards include access to expensive rooms, foods, and beverages at Marriott locations all over the world.Advertising We will write a custom essay sample on Marriott International Company Opportunities specifically for you for only $16.05 $11/page Learn More Concerning its guest, the company ensures that they are given the best services such as flexible booking options and varied resorts and destinations. With the advancement of technology, booking for an accommodation at Marriott has become significantly simplified. The company uses the most current software compared with other hospitality companies in the world. Through this software, guests’ information is stored making it readily accessible when necessary. Marriott’s varied resorts and destination means that guests are presented with a variety of options to choose from. There fore, one can visit several destinations while enjoying the same outstanding services. Many countries, especially the developing ones, depend on hospitality industries as their main source of revenue. In this regard, Marriott has proved to be the best revenue earner to the countries in which it is situated while employing a majority of the population. This essay on Marriott International Company Opportunities was written and submitted by user Carolina Glover to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.