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Subsidy Tracker Parent Company Summary
Parent Company Name: Marriott International
Ownership Structure: publicly traded (ticker symbol Nasdaq: MAR)
Headquartered in: Maryland
Major Industry: hotels
Specific Industry: hotels
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $315,088,594 | 61 |
Federal (grants and allocated tax credits) | $0 | 0 |
TOTAL | $315,088,594 | 61 |
Loan / Bailout Summary | Total Face Value | Number of Awards |
State/Local loans, bond financing and venture capital | $13,500,000 | 3 |
Federal loans, loan guarantees and bailout assistance (not including repayments) | $246,507,731 | 43 |
TOTAL | $260,007,731 | 46 |
Time Period for State and Local Awards: Earliest year of data: 1996. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2011.
Time Period for Federal Awards: FY2000 to the present
Notes: Dollar totals do not include awards for which no subsidy value is disclosed.
Links: For a summary of this company's regulatory violations see its Violation Tracker summary page
here.
Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
Connecticut | $189,500,000 | 4 |
Maryland | $104,687,273 | 9 |
Illinois | $10,000,000 | 1 |
Nebraska | $6,969,389 | 24 |
New York | $1,909,888 | 14 |
All other | $2,022,044 | 9 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
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Company | Location | Subsidy Source | Year | Subsidy Value | Loan/Bailout Value | Type of Subsidy |
Starwood Hotels and Resorts | New York | local | 2004 | $115,716 | | tax credit/rebate; property tax abatement |
MARRIOTT HOTEL SERVICES DBA RANCHO LAS PALMAS RESORT & SPA | California | state | 2003 | $216,840 | | training reimbursement |
Starwood | New York | local | 2003 | $47,620 | | tax credit/rebate; property tax abatement |
Fairfield Inn & Suites | Georgia | local | 2003 | | $3,500,000 | industrial revenue bond |
Residence Inn | Georgia | local | 2003 | | $5,000,000 | industrial revenue bond |
MARRIOTT | New York | local | 2002 | $230,000 | | grant |
Sheraton New Orleans | Louisiana | local | 2002 | $189,262 | | enterprise zone |
Sheraton Dover Hotel | Delaware | state | 2001 | $13,727 | | training reimbursement |
Marriott International, Inc. | United States | federal | 2001 | | $15,344,171 | federal insurance |
Marriott International, Inc. | United States | federal | 2001 | | $45,439,200 | federal insurance |
Sheraton Dover Hotel | Delaware | state | 2000 | $3,058 | | training reimbursement |
Sheraton Riverwalk Hotel, L.P.(County Info Only) | Texas | local | 2000 | undisclosed | | tax credit/rebate |
Ritz-Carlton Hotel Company, LLC | United States | federal | 2000 | | $26,500,000 | federal loan or loan guarantee |
Starwood Hotels & Resorts Worldwide, Inc | Massachusetts | state | 1998 | undisclosed | | tax credit/rebate |
COURTYARD MANAGEMENT CORP. | New Jersey | state | | undisclosed | | tax credit/rebate; property tax abatement |
COURTYARD MANAGEMENT CORPORATION | New Jersey | state | | undisclosed | | tax credit/rebate; property tax abatement |
RESIDENCE INN BY MARRIOTT, INC. | New Jersey | state | | undisclosed | | tax credit/rebate; property tax abatement |
RESIDENCE INN BY MARRIOTT II, LLC | New Jersey | state | | undisclosed | | tax credit/rebate; property tax abatement |
COURTYARD MANAGEMENT CORPORATION | New Jersey | state | | undisclosed | | tax credit/rebate; property tax abatement |
COURTYARD MANAGEMENT CORP. | New Jersey | state | | undisclosed | | tax credit/rebate; property tax abatement |
Marriot International, Inc. | Maryland | local | | $3,000,000 | | grant/loan hybrid program |