People in Common Orgs
People with positions in the same orgs as Richard Marriott
Hotelier's father, J.W. Marriott Sr., opened Washington, D.C. root beer stand Hot Shoppe 1927. Expanded into catering, restaurants, hotels; opened first hotel, Twin Bridges, 1957. Group of hotels became Marriott International. Split company with brother "Bill" in 1993 amid bondholder protest; Richard controls real estate investment trust Host Hotels & Resorts, Bill runs worldwide hotel operator and franchisor Marriott International. Higher gas prices, fewer vacations hurting lodging business; Marriott stock down 40% from February 2007 highs.