Form Type:  8-K
Filing Date:  5/12/2021 
CIK:  0001048286 
Address:  10400 FERNWOOD ROAD 
City, State, Zip:  BETHESDA, Maryland 20817 
Telephone:  (301) 380-3000 
Fiscal Year:  12/31 
Last Trade
Last Trade: 
-0.55 (-0.39%)  
Trade Time: 
12:52 PM EST  
Market Cap: 
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© 2021  
Description of Business
We are a worldwide operator, franchisor, and licensor of hotel, residential, and timeshare properties under numerous brand names at different price and service points. Consistent with our focus on management, franchising, and licensing, we own very few of our lodging properties. The following table shows our portfolio of brands at year-end 2020. [[Image Removed: mar-20201231_g2.jpg]] We discuss our operations in the following three reportable business segments: United States and Canada ("U.S. & Canada"), Asia Pacific, and Europe, Middle East and Africa ("EMEA"). Our Caribbean and Latin America ("CALA") operating segment does not meet the applicable accounting criteria for separate disclosure as a reportable business segment, and we include its results in "Unallocated corporate and other." In the 2020 fourth quarter, we changed the name of our largest segment from "North America" to "U.S. & Canada.
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  FORM 8-K
      Item 5.07. Submission of Matters to a Vote of ...