Marriott Hotels & Resorts FDD Summary
Type of Business
The franchisee will establish and operate a full-service hotel under the name “Marriott Hotel,” “Marriott Resort,” “Marriott Suites Hotel,” “JW Marriott Hotel,” “Marriott Marquis,” or “Marriott Hotel & Conference Center.”
Corporate Information
Marriott International, Inc. is a corporation incorporated under the laws of the State of Delaware in 1997. Their principal business address is 10400 Fernwood Road, Bethesda, Maryland 20817.
Investment
The total investment necessary to begin operation of a newly-constructed 300-guestroom Marriott Hotel, excluding the cost of land and building permit, tap, and impact fees, ranges from $63,962,090 to $96,567,090 and from $91,112,090 to $137,547,090 for a newly-constructed 300-guestroom JW Marriott Hotel. This includes approximately $445,600 to $578,000 that must be paid to the franchisor or an affiliate.