Dubai, United Arab Emirates: Marriott International, Inc. (NYSE:MAR) and Destinations of the World (DOTW) have today announced the signing of a Dynamic Distribution Agreement that will see Marriott International's collection of brands and over 3,500 hotels sold via DOTW's worldwide network of over 450,000 points of sales.
As one of the leading dedicated B2B travel industry wholesalers, DOTW boasts cutting-edge technology that includes payment and hotel reservation platforms. Through the signing of the distribution co-operation agreement that took place at the 2012 Arabian Travel Market (ATM) today, Marriott International and DOTW will establish direct connectivity between the two companies, allowing DOTW to pull inventory and rates in real time from Marriott International's reservations system.
Neal Jones, Marriott International's Vice President Global Sales, Intermediaries said "We have successfully partnered with DOTW for many years, and are delighted to consolidate our partnership with this exciting connectivity announcement. DOTW have invested significantly in technology and payment platforms, and Marriott International is extremely happy to be able to dynamically connect our systems to the mutual benefit of our companies, which will ultimately provide better service and availability of inventory to the travel trade."
"We are delighted to complement our distribution of Marriott International's various hotel brands with the addition of dynamic rates and inventory distribution," said Keith Fernandez, Group Managing Director, Destinations of the World. "Our partnership with Marriott International provides our customers with seamless access to a world-renowned hotel operator and its wide-ranging offering of hotels globally - from luxury to budget - as well as the best available rates. This direct connect partnership with Marriott International is another significant step towards our goal to add an additional 3,500 hotels to our portfolio, and best meet the needs of our distribution to over 450,000 points of sale globally."
Marriott International, Inc. (NYSE: MAR) is a leading lodging company based in Bethesda, Maryland, USA with more than 3,700 properties in 73 countries and territories and reported revenues of over $12 billion in fiscal year 2011. The company operates and franchises hotels under 15 brands, including Marriott, The Ritz-Carlton, JW Marriott, Bulgari, EDITION, Renaissance, Autograph Collection, AC Hotels by Marriott, Courtyard, Fairfield Inn & Suites, SpringHill Suites, Residence Inn, TownePlace Suites, ExecuStay, and Marriott Executive Apartments brand names. The company also licenses vacation ownership resorts under three additional brands: Marriott Vacation Club, Grand Residences by Marriott, and The Ritz-Carlton Destination Club. There are approximately 300,0000 employees at headquarters, managed and franchised property locations. Marriott is consistently recognized as a top employer and for its superior business operations, which it conducts based on five core values: put people first, pursue excellence, embrace change, act with integrity, and serve our world. For more information or reservations, please visit our website at www.marriott.com, and for the latest company news, visit www.marriottnewscenter.com. For more information or reservations, please visit our website at www.marriott.com, and for the latest company news, visit www.marriottnewscenter.com.
About Destinations Of The World:
Destinations of the World (DOTW) is a leading global travel industry wholesaler with a network of 21 offices in 16 countries worldwide including over 400 multilingual professional staff providing sales, operations, finance and IT support to their travel trade clients around the globe.
DOTWconnect, DOTW's state of the art Online Reservation System, currently connects over 450,000 travel agents as well as tour operators, airlines, wholesalers and OTA's worldwide to suppliers in more than 7,000 cities around the globe. DOTWconnect`s key successful features include XML, White Labelling, controlled Online Contracting and Supplier extranet. Launched in February 2008, v2.0 was launched only one year later and dynamic feature updates are constant to meet the growing needs of our expanding markets and customers.
For more information about Destinations of the World please visit www.dotw.com
© Press Release 2012
