Marriott Internationals 2011 Annual Report: Embracing Change While Remaining Marriott to the Core [video]
Video Highlights Leadership Changes, Timeshare Spinoff and Booming Global Growth
Last year was a year of change for Marriott International, Inc. (NYSE: MAR). In its just-issued 2011 Annual Report online at www.marriott.com/investor, see how the company embraced change as it announced the spin-off of its timeshare business as well as the third CEO in company history. Even with major transitions the company remains Marriott to the core, and that means being the worlds best hospitality company.
The easy-to-navigate report includes an executive presentation of the companys business, an overview of Marriotts industry-leading 18 brands, and financial and performance information. And, for the first time, Marriott shares externally a visual representation of its core values, vision and mission in the Our Vision section.
Another highlightexclusive to the online version is a 5-minute video dialogue with Executive Chairman and Chairman of the Board J.W. Bill Marriott, Jr., and President and CEO Arne Sorenson, who remind viewers of the companys strong corporate culture, high-performing workforce, business model, and operational excellence that make Marriott a great company.
This years annual report cover pays tribute to Bill Marriott, a business and industry icon who led the company as CEO for the past 40 years, firmly establishing it as a leading lodging company, growing it from 18 to more than 3,700 hotels worldwide.