Marriott launches new solution that provides wholesalers and leisure agencies with global access to real-time rates and inventory (2024)

BETHESDA, MD, Oct. 17, 2016 ‐‐ Marriott International, Inc. (NASDAQ: MAR) has unveiled a new distribution and booking solution, www.MarriottWholesalers.com, that provides thousands of authorized wholesalers, destination marketing companies, and tour operators access to real‐time rates and inventory for more than 4,200 Marriott properties around the world. Marriott has partnered with Sabre Hospitality Solutions to develop and launch this new platform.

The solution is part of Marriott’s strategy to transform the wholesale and leisure segment with technology and shift to dynamic rates and automated reservations, replacing antiquated processes for contracting, accessing inventory and booking hotel rooms. Approved wholesalers can now search real-time hotel net rates and inventory globally to create tailor‐made packages for their customers. All hotel bookings are confirmed instantly online.

“Marriott works with more than 3,000 wholesalers and we have been eager to modernize our process for collaborating with the wholesale and leisure segment. MarriottWholesalers.com provides our partners with dynamic access to a broader selection of hotel products at the best prices, and allows them to focus on serving leisure travelers,” says Drew Pinto, Senior Vice President, Distribution, Marriott International. “Selecting Sabre as our technology provider brought the speed to market, experience, and capability that we needed to bring this solution to fruition.”

The solution provides significant value to smaller wholesalers by removing the need for them to make a technology investment to gain direct, dynamic access to rates and inventory. The solution will make it more efficient than ever to distribute Marriott’s inventory to the broader leisure package segment.

Wholesalers can establish or renew access in seven languages at MarriottWholesalers.com and once authenticated, they immediately have access to the booking engine.

The STARnet (www.starwoodnet.com) program supporting wholesaler activation for Starwood hotels will continue to operate in tandem.

About Marriott International
Marriott International, Inc. (NASDAQ: MAR) is the world’s largest hotel company based in Bethesda, Maryland, USA, with more than 5,700 properties in over 110 countries. Marriott operates and franchises hotels and licenses vacation ownership resorts. The company’s 30 leading brands include: Bulgari Hotels and Resorts®, The Ritz‐ Carlton® and The Ritz‐Carlton Reserve®, St. Regis®, W®, EDITION®, JW Marriott®, The Luxury Collection®, Marriott Hotels®, Westin®, Le Méridien®, Renaissance® Hotels, Sheraton®, Delta Hotels by MarriottSM, Marriott Executive Apartments®, Marriott Vacation Club®, Autograph Collection® Hotels, Tribute Portfolio™, Design Hotels™, Gaylord Hotels®, Courtyard®, Four Points® by Sheraton, SpringHill Suites®, Fairfield Inn & Suites®, Residence Inn®, TownePlace Suites®, AC Hotels by Marriott®, Aloft®, Element®, Moxy Hotels®, and Protea Hotels by Marriott®. The company also operates award‐winning loyalty programs: Marriott Rewards®, which includes The Ritz‐Carlton Rewards®, and Starwood Preferred Guest®. For more information, please visit our website at www.marriott.com, and for the latest company news, visit www.marriottnewscenter.com and @MarriottIntl.

Media Contact:
Heidi Castle, Sabre, Heidi.castle@sabre.com
Angela Wiggins, Marriott International, angela.wiggins@marriott.com

Marriott launches new solution that provides wholesalers and leisure agencies with global access to real-time rates and inventory (2024)

FAQs

Marriott launches new solution that provides wholesalers and leisure agencies with global access to real-time rates and inventory? ›

(NASDAQ: MAR) has unveiled a new distribution and booking solution, www.MarriottWholesalers.com, that provides thousands of authorized wholesalers, destination marketing companies, and tour operators access to real-time rates and inventory for more than 4,200 Marriott properties around the world.

What hotel management software does Marriott use? ›

Oracle today announced that Marriott International has selected Oracle Hospitality OPERA Cloud Property Management System (PMS) and Sales and Event Management as a hospitality cloud platform for Luxury, Premium, Select Service, and Midscale Properties.

What is the master gds chain code for all Marriott brands? ›

The response indicates: That EM is the master chain code for Marriott International. The 2-character chain code and name of all the hotels affiliated with Marriott.

How big is the Marriott International market? ›

Market cap: $68.42 Billion

As of May 2024 Marriott International has a market cap of $68.42 Billion. This makes Marriott International the world's 282th most valuable company by market cap according to our data.

Is Starwood Marriott now? ›

Starwood Hotels and Resorts, an American hotel and leisure company acquired by Marriott in 2016.

What business strategy does Marriott use? ›

Pursuing asset-light business model. Operating in light-asset manner is one of the cornerstones of Marriott business strategy. Under this model, Marriott focuses on managing and franchising hotels, rather than owning them.

What technology is used by Marriott? ›

Marriott is utilizing number of emerging technologies including big data, cloud, and smart robotics to improve operational efficiency, and enhance customer experiences.

Does Marriott use GDS? ›

Marriott makes it easy for you to do business online by participating in all Global Distribution Systems (GDS) which provide real-time rates and availability for all Marriott hotels worldwide.

What are GDS in hotels? ›

GDS stands for “global distribution system” and is a computerized network used by travel agents and other travel industry professionals to book travel services, such as airline tickets, hotel rooms, and car rentals.

What is GDS access code? ›

The Rate Access Code (RAC) is the GDS-code of the company rate. One code or different codes per GDS. This code can be the same code for the different GDS-systems (such as Amadeus, Sabre, etc.) or can be a different code per GDS.

Why is Marriott International successful? ›

Marriott was founded on the principles that if you take care of employees, they will in turn, take care of customers; employees feeling good about themselves will be inspired to serve others. It is this belief that is utilized for business effectiveness.

Who owns the most Marriott stock? ›

Marriott International is not owned by hedge funds. The company's largest shareholder is The Vanguard Group, Inc., with ownership of 7.3%. For context, the second largest shareholder holds about 5.3% of the shares outstanding, followed by an ownership of 4.4% by the third-largest shareholder.

What is Marriott's world ranking? ›

Marriott is ranked 16th across all companies and 1st in the category of Hotels, Casinos and Resorts.

Who did Marriott just buy? ›

On November 16, 2015, Marriott International announced its plan to acquire Starwood Hotels & Resorts Worldwide. On April 8, 2016 stockholders of both Marriott International and Starwood Hotels & Resorts Worldwide approved the merger.

Is there a difference between Marriott and Marriott Bonvoy? ›

Marriott Bonvoy is the Marriott hotel company's loyalty program, allowing you to earn and redeem points for stays at Bonvoy brands including The Ritz-Carlton, St. Regis, JW Marriott, Sheraton, Westin and Renaissance Hotels.

What is difference between JW Marriott and Marriott? ›

Brand Profile: JW Marriott is part of Marriott International's luxury portfolio and consists of award-winning properties and beautiful resort locations around the world.

What software do most hotels use? ›

Top 10 Hotel Management Software
  • Oracle Hospitality OPERA Property Management System.
  • SkyTouch Technology.
  • WebRezPro.
  • Cloudbeds.
  • HotelRunner.
  • SynXis Property Hub.
  • RMS Hotel.
  • eZee FrontDesk Hotel PMS.

What software does Ritz-Carlton use? ›

Ritz-Carlton uses 2 primary systems for customer information: Covia and Encore. Covia is worldwide reservations capture system. Encore is a local hotel system that keeps track of reservations and customer preferences.

What HR system does Marriott use? ›

To bring a more personalized experience to its people, the hospitality leader worked with Accenture to reimagine its HR technology and launch a new Human Capital Management (HCM) system powered by Oracle Fusion.

What does Marriott use for PMS? ›

Marriott International has chosen Oracle Hospitality's OPERA Cloud property management system (PMS) and Sales and Event Management as its preferred cloud platform for luxury, premium, select service, and midscale properties.

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