Marriott International

RANK293

The pandemic decimated the travel industry in 2020 and Marriott’s financials along with it: Revenue declined nearly 50%, dropping the hotel giant down 136 spots in this year’s rankings, and the company reported a loss of $267 million. Adding to the adversity, CEO Arne Sorenson, the first person outside the Marriott family to run the company, passed away from pancreatic cancer in February 2021.The company operates and franchises 7,000-plus properties across 131 countries and territories through brands like the Ritz-Carlton, Sheraton, and Aloft.