COVID Stimulus Watch Individual Entry

Recipient Company:
Marriott International Inc/MD
Loan or Loan Guarantee Amount:
$2,307,998

Recipient Details

Ownership Structure: publicly traded (ticker symbol MAR)

Award Details

Award Date: Oct 8, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...

Parent Company Data

Parent Company: Marriott International
Headquartered in: Maryland
Parent Sector: hotels
Parent Industry: hotels
Employees (prior to pandemic): 174,000

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $10,667,985
Contracting icon
Good Jobs First has no data in this category
Environment icon
Environmental / Healthcare / Safety Penalties: $542,212
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $1,268,000
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 346 to 1
CEO Compensation: $13,435,887
Worker Median Pay: $38,878
Tax icon
Total Federal, State, and Local Subsidies: $197,031,778
Federal Corporate Income Tax Rate: 13.9%
Subsidy Tracker
Violation Tracker

Details on Accountability data sources