answersLogoWhite

0


Best Answer

Marriott owns hotels in resort areas because those areas are the places where people want to go on vacations. Going where the money is is generally a good idea if you want your business to make a profit.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Why does Marriott own its hotels in resort areas?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How many hotels does marriott own?

Almost none. Marriott is the management company but does not own the hotels. There are a small handful of exceptions.


Are there Marriott hotels in Zurich?

Marriott does own quite a few hotels in Zurich, Switzerland. Rooms within these hotels can be booked using popular travel sites such as Travelocity and Expedia.


What does Marriott own?

Marriott owns thousand of hotels across the country. They include the Courtyard, and Springfield Suites. They are a 4 star hotel chain, and from prior experience very nice hotels. Marriott does not own thousands of hotels across the country. They do operate in all 50 states in 66 other countries. They manage hotels. Most Marriott's that you'll see across the world (over 3,200); Fairfield Inn, Springfield Suites, Town Place Suites, Residence Inn, Courtyard, Renaissance, Marriott, J.W. Marriott, and Ritz Carlton are owned by investors. They have struck a deal with Marriott to operate it for them. There are very long terms on the operating deal so a hotel building can be sold numerous times but will still be operated by marriott creating continuity. Marriott does own about 3% of the hotels with their name on it. Most hotel companies do business the same way ie; Hilton and Starwood.


How many hotel Brands does Marriott own?

Marriott owns thousand of hotels across the country. They include the Courtyard, and Springfield Suites. They are a 4 star hotel chain, and from prior experience very nice hotels. Marriott does not own thousands of hotels across the country. They do operate in all 50 states in 66 other countries. They manage hotels. Most Marriott's that you'll see across the world (over 3,200); Fairfield Inn, Springfield Suites, Town Place Suites, Residence Inn, Courtyard, Renaissance, Marriott, J.W. Marriott, and Ritz Carlton are owned by investors. They have struck a deal with Marriott to operate it for them. There are very long terms on the operating deal so a hotel building can be sold numerous times but will still be operated by marriott creating continuity. Marriott does own about 3% of the hotels with their name on it. Most hotel companies do business the same way ie; Hilton and Starwood.


Who own Aman Resort Hotels?

Vladislav Doronin and Johan Eliasch


What is Aruba's best hotel?

The luxury hotels of Aruba offer many different experiences, including an all inclusive stay, gambling, and a private resort. The hotels include Radisson Aruba Resort and Casino, Hyatt Regency Aruba Resort and Casino, The Westin Resort and Casino Aruba, Riu Palace Aruba All Inclusive, and Renaissance Aruba Resort and Casino.


Does Marriott have any hotels in Barbados?

There are hundreds of Hotels in Barbados. Prices range from $70 to $6000 per night, which means there is something to suit every budget. The majority of Hotels have their own pools and most have beach access.


Do Mormons own hotels?

The Church of Jesus Christ of Latter-day Saints (the "Mormon" church) does not own or operate any hotels. Many individual Church members may own or operate hotels. While it would be impossible to know about each one, we do know of some large national chains that are either owned by Mormons or have Mormons in high level positions. For example, the CEO of LaQuinta is a Mormon, and the founders and owners of the Marriott chain are Mormon.


Can you exercise at Walt Disney World?

Absolutely! Disney's Deluxe Resort Hotels have their own spas, fitness centers and swimming pools!


Who is Courtyard's competition?

Courtyard is a Marriott owned motel. So any of the Marriott motels other than Courtyard technically compete against their own within their chain. This includes their hotels and vacation club resorts. Here are two similar to Courtyard: Holiday Inn Express Redroof Inn Marriott has several hotel chains. Each chain name is based upon the ammenities they offer.


What are hotels like in Catalonia Spain?

The hotels in Catalonia in Spain are very much tourist orientated. They tend to be high rise blocks each with their own swimming pool and entertainment areas.


What are the types of lodging properties?

Host Hotels & Resorts was formed in 1992 when the Marriott Corporation split into two separate entities, creating Marriott International and Host Marriott. Marriott International represented the original Marriott company prior to Marriott's 1982 acquisition of the old Host International Company, founded in 1897 as the Van Noy Railway News and Hotel Company by the Van Noy Brothers of Kansas City, MO. After the spin-off, the original assets and services comprising the Host International acquisition, encompassing the ownership of lodging real estate and operators of airport terminal concession businesses and franchises, were consolidated as the Host Marriott Corporation. On January 2, 1996, Host Marriott further divided into two separate companies. Host Marriott continues to own lodging real estate. A new company, Host Marriott Services Corporation (now known as HMSHost Corporation) was created to hold and operate concessions at airports, on toll roads and at sports and entertainment attractions. On April 4, 1996, Host Marriott sold 18 Residence Inns and 16 Marriott Courtyard Hotels to Hospitality Properties Trust to focus on other areas of the business. On June 21, 1997, Host Marriott acquired Forum Group, Inc. and its retirement communities, Marriott Senior Living Services. In December 1998, Crestline Capital Corporation was spun off to allow Host Marriott to complete an announced conversion to a REIT. As part of the spinoff, Host Marriott arranged to lease back much of the property that was being spun off. At the end of the year, the preparations were completed with Host Marriott emerging as a REIT on January 1, 1999. In November 2005, Host Marriott announced that it would purchase 38 domestic and international hotel properties for approximately $4.1 billion. The seller is Starwood Hotels & Resorts, a hotel owner/operator based in White Plains, New York. Starwood will continue to manage the portfolio of 20 Sheratons, 13 Westins, two W's, one St Regis, one Luxury Collection hotel, and one nonbranded property. As part of the transaction, Host Marriott will be renamed Host Hotels & Resorts to better reflect its more diversified portfolio of hotel brands.