Document
false0001048286MARRIOTT INTERNATIONAL INC /MD/
0001048286
2019-10-31
2019-10-31
0001048286
exch:XNGS
2019-10-31
2019-10-31
0001048286
exch:XCHI
2019-10-31
2019-10-31
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 31, 2019
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MARRIOTT INTERNATIONAL, INC.
(Exact name of registrant as specified in its charter)
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Delaware | | 1-13881 | | 52-2055918 |
(State or other jurisdiction of incorporation) | | (Commission File Number) | | (IRS Employer Identification No.) |
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10400 Fernwood Road, | Bethesda, | Maryland | | | | 20817 |
(Address of principal executive offices) | | | | (Zip Code) |
Registrant’s telephone number, including area code: (301) 380-3000
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
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Title of Each Class | | Trading Symbol(s) | | Name of Each Exchange on Which Registered |
Class A Common Stock, $0.01 par value | | MAR | | Nasdaq Global Select Market |
Class A Common Stock, $0.01 par value | | MAR | | Chicago Stock Exchange |
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). |
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| Emerging growth company | ☐ |
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. | o |
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Item 7.01 | Regulation FD Disclosure. |
On October 31, 2019, a subsidiary of Marriott International, Inc. (“Marriott”) sold the St. Regis New York Hotel for a price of $310 million to Qatar Investment Authority (“QIA”). Marriott will continue to operate the hotel under a long-term management agreement with QIA. Located on prestigious Fifth Avenue in Manhattan, the property is comprised of 229 guest rooms and seven residential suite units that account for nine additional rooms.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| | | | | | MARRIOTT INTERNATIONAL, INC. |
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Date: October 31, 2019 | | | | | | By: | | /s/ Bao Giang Val Bauduin |
| | | | | | | | Bao Giang Val Bauduin |
| | | | | | | | Controller and Chief Accounting Officer |