Marriott International is a global operator, franchisor, and licensor of the hotel, residential, and timeshare properties. The company is primarily focused on the management, franchising, and licensing of its lodging properties. It also occasionally develops, acquires or renovates hotel and residential properties, directly and through partnerships, joint ventures, and other business structures with third parties. Marriott International operates a portfolio of hotel brands including JW Marriott, The Ritz-Carlton, Marriott Hotels, Sheraton, Delta Hotels, Westin, Renaissance, Courtyard, Residence Inn, Fairfield by Marriott, SpringHill Suites, etc.