Marriott International, Inc.

With more than thirty brands and roughly nine thousand properties, Marriott is the biggest hotel company in the world by rooms. Based in Bethesda, Maryland, it spans the range from budget names to luxury flags like Ritz-Carlton and St. Regis, and its 2016 purchase of Starwood added Sheraton, Westin and the Marriott Bonvoy loyalty program that now ties the portfolio together. The key point is that Marriott owns very few of these hotels. It franchises its brands to owners and manages properties for a fee, an asset-light model that collects a slice of room revenue without carrying the cost of buying and maintaining real estate. That produces steady, high-margin cash flow and lets the company grow by signing deals rather than spending capital. Its results track business and leisure travel, room rates and the pace of new hotel openings.

On MyRWA, MAR trades tokenized across 4 on-chain venues - see the listings below.