Fortune cites Marriott

MANILA, Philippines -  Marriott International, Inc., for the 12th consecutive year, has been ranked as the Most Admired Company in the Lodging Industry worldwide by Fortune Magazine. The company is also among the top 50 companies across cited by Fortune, at number 37.

“We are tremendously appreciative of being recognized again by business leaders as the most admired company in our industry,” said Marriott International chairman and chief executive officer J.W. Marriott Jr.

“I am also proud of how we ranked among the top 25 companies worldwide across several of Fortune’s key categories, including deployment of corporate assets, managing our people, and social responsibility. These are significant achievements and a true testament to how hard we work to open doors to a world of opportunity for our associates(staffs), customers, owners, investors, communities and other stakeholders in our company.”

The Most Admired list is made up of companies ranked by 4,100 executives, directors, and securities analysts, based on nine key attributes of reputation, including: innovation; people management; use of corporate assets; social responsibility; quality of management; financial soundness; long-term investment, and quality of products/services and global competiveness.

Marriott Hotel Manila GM Richard Saul said: “We are guided by this simple motto: If we take care of our associates (staff), they will take care of our guests”. The credit goes to every Marriott associate here in Manila and worldwide”.

Fortune’s full list of World’s Most Admired Companies is now available in newsstands and online at www.FORTUNE.com.