Marriott International, for the 16th consecutive year was named one of the World’s Most Admired Companies by FORTUNE magazine. The 2016 rankings, released today, lists Marriott as #29, up from #37 last year. Marriott also takes the top rankings in the hospitality category.
Marriott ranked #1 for its industry segment in eight of FORTUNE’s nine key attributes of reputation: innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment value and global competitiveness.
“We appreciate that FORTUNE has recognized our company and associates for the last 16 years,” said Arne Sorenson, President and CEO, Marriott International. This acknowledgment is a testament to our core values, our company culture and our ethical business practices. Our employees continue to demonstrate this commitment through the world-class service they deliver every day.”
FORTUNE’s 2016 list of World’s Most Admired Companies is available on FORTUNE.com and will be featured in its March issue. FORTUNE’s partner, the Korn Ferry Hay Group, narrowed the ranking from 1,400 companies by using a specific criteria and surveying company leaders and securities analysts.
