Betheda-based Hospitality Giant Marriott International (NYSE:MAR) Chairman and Chief Executive Officer, J. W. Marriott Jr made the following,
Marriott Jr acquired 156,316 Class A Common Stock shares at an average price of $12.3472, the amount totaled $1,930,064.9152. 1,682,500 beneficially owned shares remained August 29, 2011.
Marriott Jr disposed of 156,316 Class A Common Stock shares at an average price of $28.79, the amount totaled $4,500,337.64. 1,526,184 Beneficially Owned shares remained August 29, 2011.
Marriott International is the largest hospitality management company in the world with a market value of over $11 Billion. The company owns subsidiaries including Chevy Chase, Maryland-based Ritz-Carlton and is involved in a joint venture with luxury goods maker Bulgari SpA to operate exclusive hotel properties.