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After that, in 1993, Marriott split its business in operating organization Marriott International and property company Host Marriott Corporation. In 2000 Marriott was selected as the prescribed fitting provider for the 2002 Olympics in winter and the 2000, 2002 and 2004 US Olympic teams. In 2002 Marriott sold its food dispersion and senior living businesses. In the year June 2003 Michelin-star chef Michael Caines opened a fine feeding restaurant at the Bristol Marriott Royal. In May 2004 the first Bulgari hotel opened up in Milan, and second opened in Bali in 2006. Many more were was after. .
In November 2005 Ritz-Carlton announced a new "above luxury" brand called the Reserve. The first of the new hotels, the Reserve Molasses Reef, opened in West Caicos in the British West Indies in 2007. In April 2006 the Royal Bank of Scotland had given £951.4m for the 46 hotels in Marriott's joint venture with Whitbread, which received £237m on top of the £710m it gained from the foundation of the interim company. Marriott nets £100m from the sale, repaying the £90m it injected into the arrangement, and regains control of the Marriott franchise for the UK. In the year May 2006 Marriott announced its plan to elaborate its mid-market Courtyard brand in the UK, with 50 new attributes targeted over the next 10 years. While primarily a management and franchise-based business, Marriott said it will consider purchasing sites to fix prime locations.
Finance.
The group possesses, manages and dealerships almost 2,600 hotels in about 65 countries under a broad kind of brands. Its business covers various full-service, more than mid-scale take -service and extensive -stay hotels, luxury timeshare apartments; and corporate accommodation for administrators. Besides this, it runs 13 Marriott Conference Centers in the USA and controls a synthetic fuel business.
Culture and Core Values.