Preferred Group Adds 52 Hotels
JUNE 8, 2006. Preferred Hotel Group, emerging as the world's most sought-after collection of hotels and resorts, has added more than 50 properties to its worldwide membership roster in the past two quarters.
The "Preferred," name has been extended to encompass a family of hotel and resort brands aligned with the needs of today's hotelier and their guest. Preferred Hotel Group includes: Preferred Hotels & Resorts; Preferred Boutique; Summit Hotels & Resorts and Sterling Hotels.
Preferred Hotel Group Chairman and CEO John Ueberroth took over management of the company in 2004 (changing its name from IndeCorp in 2005) and with an experienced management team has moved quickly to expand the company's portfolio of brands, with the launch of Preferred Boutique, and to initiate a range of customer-focused programs.
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
