What changed in this filing

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Item 2. Properties

2023-02-14 compared with 2022-02-15 · 5 added, 79 removed, 0 unchanged (100% of the section changed)

We describe our company-operated properties in Part I, Item 1, “Business,” earlier in this report, and under the “Properties and Rooms” caption in Part II, Item 7, “Management’s Discussion and Analysis of Financial Condition and Results

of Operations.” We believe our owned and leased properties are in generally good physical condition with the need for only routine repairs and maintenance and periodic capital improvements.

Most of our regional offices, reservation centers, and sales offices, as well as our corporate headquarters, are in leased facilities, both domestically and internationally.

As of December 31, 2021, we owned or leased the following hotel properties:

Properties Location Rooms

& Canada Owned Hotels

Courtyard Las Vegas Convention Center Las Vegas, NV 149

Las Vegas Marriott Las Vegas, NV 278

Residence Inn Las Vegas Convention Center Las Vegas, NV 192

The Westin Peachtree Plaza, Atlanta Atlanta, GA 1,073

W New York – Union Square New York, NY 270

& Canada Leased Hotels

Albuquerque Airport Courtyard Albuquerque, NM 150

Anaheim Marriott Anaheim, CA 1,030

Baltimore BWI Airport Courtyard Linthicum, MD 149

Baton Rouge Acadian Centre/LSU Area Courtyard Baton Rouge, LA 149

Chicago O'Hare Courtyard Des Plaines, IL 180

Des Moines West/Clive Courtyard Clive, IA 108

Fort Worth University Drive Courtyard Fort Worth, TX 130

Greensboro Courtyard Greensboro, NC 149

Indianapolis Airport Courtyard Indianapolis, IN 151

Irvine John Wayne Airport/Orange County Courtyard Irvine, CA 153

Louisville East Courtyard Louisville, KY 151

Laurel Courtyard Mt.

Laurel, NJ 151

Newark Liberty International Airport Courtyard Newark, NJ 146

Orlando Airport Courtyard Orlando, FL 149

Orlando International Drive/Convention Center Courtyard Orlando, FL 151

Renaissance New York Times Square Hotel New York, NY 317

Sacramento Airport Natomas Courtyard Sacramento, CA 149

San Diego Sorrento Valley Courtyard San Diego, CA 149

Spokane Downtown at the Convention Center Courtyard Spokane, WA 149

Louis Downtown West Courtyard St.

Louis, MO 151

W New York – Times Square New York, NY 509

International Owned Hotels

Courtyard by Marriott Aberdeen Airport Aberdeen, United Kingdom 194

Courtyard by Marriott Rio de Janeiro Barra da Tijuca Barra da Tijuca, Brazil 264

Courtyard by Marriott Toulouse Airport Toulouse, France 187

Colony Club, Barbados Barbados 96

Crystal Cove, Barbados Barbados 88

Marriott Puerto Vallarta Resort & Spa Puerto Vallarta, Mexico 433

Residence Inn Rio de Janeiro Barra da Tijuca Barra da Tijuca, Brazil 140

Sheraton Grand Rio Hotel & Resort Rio de Janeiro, Brazil 538

Sheraton Lima Hotel & Convention Center Lima, Peru 431

Sheraton Mexico City Maria Isabel Hotel Mexico City, Mexico 755

Tamarind, Barbados Barbados 104

The House, Barbados Barbados 34

Treasure Beach, Barbados Barbados 35

Turtle Beach, Barbados Barbados 161

Waves, Barbados Barbados 70

International Leased Hotels

African Pride Melrose Arch, Autograph Collection Johannesburg, South Africa 118

Berlin Marriott Hotel Berlin, Germany 379

Cape Town Marriott Hotel Crystal Towers Cape Town, South Africa 180

Properties Location Rooms

Courtyard by Marriott Paris Gare de Lyon Paris, France 249

Frankfurt Marriott Hotel Frankfurt, Germany 593

Grosvenor House, A JW Marriott Hotel London, United Kingdom 496

Heidelberg Marriott Hotel Heidelberg, Germany 248

Hotel Alfonso XIII, a Luxury Collection Hotel, Seville Seville, Spain 148

Hotel Maria Cristina, San Sebastian San Sebastian, Spain 139

Leipzig Marriott Hotel Leipzig, Germany 231

Protea Hotel by Marriott Cape Town Sea Point Cape Town, South Africa 124

Protea Hotel by Marriott Midrand Midrand, South Africa 177

Protea Hotel by Marriott O.R.

Tambo Airport Johannesburg, South Africa 213

Protea Hotel Fire & Ice!

by Marriott Cape Town Cape Town, South Africa 201

Protea Hotel Fire & Ice!

by Marriott Johannesburg Melrose Arch Johannesburg, South Africa 197

Renaissance Hamburg Hotel Hamburg, Germany 205

Renaissance Santo Domingo Jaragua Hotel & Casino Santo Domingo, Dominican Republic 300

Sheraton Diana Majestic, Milan Milan, Italy 106

The Ritz-Carlton, Berlin Berlin, Germany 303

The Ritz-Carlton, Tokyo Tokyo, Japan 247

Regis Osaka Osaka, Japan 160

W Barcelona Barcelona, Spain 473

W London – Leicester Square London, United Kingdom 192

Under our asset-light business model, we typically manage or franchise hotels and other lodging offerings, rather than own them.

As of December 31, 2022, we owned or leased 26 hotels in U.S.

& Canada and 38 hotels in International.

Additionally, most of our regional offices, customer care and reservation centers, and sales offices, as well as our corporate headquarters, are in leased facilities.

See Part I, Item 1, “Business,” earlier in this report, and the “Properties and Rooms” caption in Part II, Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations” for more information about our company-operated properties.

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-K

Item 2. Properties