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2000 Joint venture Forms joint venture with Hyatt and Club Corporation to create the largest and most comprehensive electronic procurement network. 1999 Strategic Acquisition Marriott International acquires ExecuStay corporate housing company, which subsequently acquires Executive Living Inc of Ohio, USA. 1999 Hotel Development Marriott Vacation Club International launches moderately priced resorts Horizons by Marriott Vacation Club and luxury resorts The Ritz-Carlton Club. 1998 Hotel Development 1,500th hotel opens. 1998 Other Sodexho Alliance acquires Marriott International's foodservice and facilities-management businesses. 1998 Hotel Development Launches SpringHill Suites brand. 1997 Strategic Acquisition Acquires the Renaissance Hotel Group and introduces TownePlace Suites, Fairfield Suites and Marriott Executive Residences brands. 1995 Strategic Acquisition Marriott acquires Ritz-Carlton Hotel Company, LLC. 1993 Other Company splits into Marriott International and Host Marriott Corporation. 1990 Other Pathways to Independence, Marriott's Welfare to Work programme, established. 1989 Hotel Development 500th hotel opens in Warsaw, Poland. 1989 Other Marriott Foundation for People with Disabilities established. 1987 Strategic Acquisition Acquires Residence Inn Company and enters low-mid-price lodging with Fairfield Inn. 1985 Other Opens Marriott Distribution Center in Savage, Maryland, USA.
Marriott International Inc - Travel and Tourism World Euromonitor International Page 14 1984 New Product Development Enters holiday timeshare and senior-living accommodation sales. 1983 Hotel Development First Courtyard hotel opens. 1982 Strategic Acquisition Acquires Host International Inc. 1982 Strategic Acquisition Acquires Gino's, which it converts to Roy Rogers. 1981 Hotel Development Opens 100th hotel in Hawaii. 1979 New Headquarters Builds new corporate headquarters in Bethesda, Maryland. 1976 Theme Parks Established Opens two Great America theme parks in Santa Clara, California, and Gurnee, Illinois, USA. 1975 Hotel Development Opens first European hotel in Amsterdam, Netherlands. 1973 Hotel Development Company obtains first hotel management contracts. 1969 Hotel Development Marriott's first international hotel opens in Acapulco, Mexico. 1967 Corporate Name Change Corporate name changed from Hot Shoppes Inc to Marriott Corporation. 1967 Company Expansion Marriott opens Fairfield Farm Kitchens, a food production and purchasing facility in Beaver Heights, Maryland, USA. 1967 Other Acquires Camelback Inn, its first resort property. 1967 Strategic Acquisition Buys Bob's Big Boy Restaurants. 1965 Marriott Foundation Marriott Foundation established. 1957 First Hotel Established Marriott opens first hotel, 365-room Twin Bridges Motor Hotel in Arlington, Virginia. 1955 Other Marriott Food Service gains first institutional and school feeding contracts at Children's Hospital and American University. 1953 Other Marriott stock becomes public and sells out in two hours.