Marriott International Named One of FORTUNE's World's Most Admired Companies
Rhea-AI Summary
Marriott International has been recognized among FORTUNE Magazine's World's Most Admired Companies, maintaining its presence on the list since 1998. The company ranked first in the Hotels, Casinos, and Resorts category and placed 13th overall in this year's ranking.
The recognition follows other accolades, including FORTUNE and Great Place to Work's 100 Best Companies to Work For in 2024. Marriott's success is attributed to its people-first culture, highlighted by the launch of its 'Be' brand in 2023, which focuses on talent development and inclusivity.
Notable achievements include:
- Over 3.4 million associate volunteer hours in local communities worldwide in 2024
- 14.8 million total volunteer hours reported since 2016
- Training of more than 1.4 million associates in human trafficking awareness since 2016
- 2.2 million completions of trafficking awareness training by external hospitality professionals
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News Market Reaction – MAR
On the day this news was published, MAR declined 0.04%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Fortune's annual ranking assesses businesses across industries on nine criteria of corporate reputation, including leadership excellence, innovation, social responsibility, and ability to attract talent.
"It is an honor to be consistently included in FORTUNE's esteemed list of the World's Most Admired Companies. This recognition is a testament to the strength of our enduring culture and our focus on putting people first," said Anthony Capuano, President and Chief Executive Officer, Marriott International. "We are proud to see Marriott recognized for our dedication to serving our guests, associates, and communities around the world."
This accolade follows other recent recognitions for the company – including FORTUNE and Great Place to Work's 100 Best Companies to Work For in 2024 – and reflects the successful launch of the company's people brand "Be" in 2023. Designed to attract and retain top talent, "Be" empowers associates to fulfill their career goals, offers opportunities to grow in the hospitality industry and furthers Marriott's commitment to welcome all.
As the company approaches its 100th anniversary, Marriott continues its focus on its core values of putting people first, pursuing excellence, embracing change, acting with integrity and serving our world.
Company associates volunteered more than 3.4 million hours in local communities worldwide in 2024, with over 14.8 million associate volunteer hours reported since 2016. Efforts include disaster response and supporting relief and recovery efforts in places like
To learn more about Marriott International visit www.marriott.com.
Survey Methodology
Fortune collaborated with Korn Ferry on this survey of corporate reputations. They began with a universe of about 1,500 candidates: the 1,000 largest
To determine the best-regarded companies in 51 industries, Korn Ferry asked executives, directors, and analysts to rate enterprises in their own industry on nine criteria, from investment value and quality of management and products to social responsibility and ability to attract talent. A company's score must rank in the top half of its industry survey to be listed.
ABOUT MARRIOTT INTERNATIONAL, INC.
Marriott International, Inc. (Nasdaq: MAR) is based in
Marriott encourages investors, the media, and others interested in the company to review and subscribe to the information Marriott posts on its investor relations website at www.marriott.com/investor or Marriott's news center website at www.marriottnewscenter.com, which may be material. The contents of these websites are not incorporated by reference into this press release or any report or document Marriott files with the SEC, and any references to the websites are intended to be inactive textual references only.
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SOURCE Marriott International, Inc.