Thursday, November 8, 2012

Company Biography


Marriott Corporation was started in 1927 by J. Willard Marriott and his wife as a root beer stand in Washington D.C. and later expanded his business into a chain of restaurants and hotels. Today Marriott International has more 3700 locations worldwide and employs more than 120,000 employees. Hotels under the Marriott brand include Renaissance, Courtyard, The Ritz-Carlton, Fairfield Inn and Suits, and many others. Marriott International also owns two amusement parks known as Marriott's Great America located in Illinois and California. 

In 1992 Marriott Corporation split into two separate entities, the Marriott Host Company and Marriott International. Marriott International purchased the Ritz-Carlton hotel company in April, 1995 believing they could take a failing chain with many locations into a success. Marriott International was also the previous owner of Ramada International Hotels until selling Ramada International to Cendant in September, 2004.

Marriott International is also known for their contributions to the Bush campaign as well as having Mitt Romney has one of their directions until 2011 when he became a Presidential candidate.

Wednesday, November 7, 2012

Business Strategy


Marriott International takes pride in the fact that each of their employees is required to understand the company handbook, ‘The Spirit to Serve’. This handbook explains everything about the company from its roots in root beer to how to properly run a Marriott brand hotel. Marriott International takes pride in the fact that for the last 80 years they have always taken care of their customers and employees above all else, and so their slogan of “People First” suits them well.
In the offices of Marriott’s more than 1200 IT employees is a framed document with the title ‘Information Resources Operating Values’. This is the core belief behind their information systems.
This project will be focused on the Marriott’s website and how it differentiates them from their competition.
While most hotels all use a very similar booking site to keep a streamlined level of simplicity, this allows customers to switch between different hotel chains almost seamlessly. So what keeps customers coming back to Marriott International?
Marriott believes that even in the best of times, they should operate as though the business is at its worst. While this may seem like a negative outlook, it encouraged Marriott employees to do what was best for both the company and the customer at all times, while keeping costs low and customer retention and satisfaction high.
Marsha is the name of the information system used by Marriott International. It stands for Marriott Automated Reservation Systems for Hotel Accommodations. Misha Kravchenko, the senior director of Marsha Systems states that Marsha is more of a “supply chain system for the hotel industry." Marsha connects customers to the reservation site and simultaneously to Marriott’s partners and suppliers.
These partners and suppliers are some of the major advantages that Marriott attributes to their success. By connecting their customers to car rental agencies and airlines, customers are able to quickly book an entire trip through Marriott.
Marriott Rewards takes this already successful system and allows their loyal customers to earn points for stays and use them towards Marriott reservations as well as towards any of Marriott’s partners.
Marsha has been upgraded several times since it was initially implemented in 1997 but its focus has always been the same. Carl Wilson, Marriott’s Chief Investing Officer focused on taking an already outdated system and improving it, rather than creating something new. This would keep the company consistent but at the same time, meet the new needs of a rapidly changing technology industry.
The Marriott views any available room as something that only has a shelf life of 24 hours. If the room isn’t sold at the current price, which they believe is the highest price the room is able to be sold, they state that profit is lost. In order to better prevent lost profits, Marriott implements a yield management system which is designed to make sure they are fitting the appropriate rooms with the best customers for those rooms, at the best times.
However, Marriott was using two separate systems for their high end and lower end hotels. And instead of removing either of the systems, they combined them, utilizing the best components of each and focusing on reusing before buying anything new.

Introduction

This presentation will be used to explain one of the many information systems used by Marriott International; their booking site. We will discuss the business strategy which they used and make suggestions and recommendations as to how they can improve this system in order to make better use of the information for the sake of profit and client retention.
Company Biography
Marriott Corporation was started in 1927 by J. Willard Marriott and his wife as a root beer stand in Washington D.C. and later expanded his business into a chain of restaurants and hotels. Today Marriott International has more 3700 locations worldwide and employs more than 120,000 employees. Hotels under the Marriott brand include Renaissance, Courtyard, The Ritz-Carlton, Fairfield Inn and Suits, and many others. Marriott International also owns two amusement parks known as Marriott's Great America located in Illinois and California. 
In 1992 Marriott Corporation split into two separate entities, the Marriott Host Company and Marriott International. Marriott International purchased the Ritz-Carlton hotel company in April, 1995 believing they could take a failing chain with many locations into a success. Marriott International was also the previous owner of Ramada International Hotels until selling Ramada International to Cendant in September, 2004.
Marriott International is also known for their contributions to the Bush campaign as well as having Mitt Romney has one of their directions until 2011 when he became a Presidential candidate.