Marriott Vacation Club International (MVCI), the vacation ownership division of Marriott International, Inc. (NYSE:MAR) and recognized industry leader, was honored by The Gallup Organization in their first-ever Great Workplace Awards. Gallup developed the award to recognize the most productive and engaged workforces around the globe.
Named among 11 other world-renowned companies, MVCI made a commitment in 2002 to build, track and maintain a strengths-based organization. This commitment has led to greater associate engagement through such initiatives as:
• Identifying associate strengths and providing training on how to utilize in the workplace and at home
• Training managers or “coaches” to further develop these strengths
• Developing a 15,000 square-foot Talent Experience Center near the Orlando corporate offices where associates participate in learning labs
• Issuing surveys two times per year to gauge associate satisfaction and engagement
These initiatives have assisted MVCI in reaching the 89th percentile (high performing work group) of Gallup’s database of more than 450 companies, as well as MVCI’s annual sales growth averaging 20 percent. This feedback supports Marriott International’s core values and enduring purpose of “take care of associates, and they will take care of guests,” as noted by J. Willard Marriott.
“Receiving Gallup’s Great Workplace Award reflects our passion for building a rewarding work environment and ultimately, creating a lifetime of vacation memories for our owners and guests,” said Stephen P. Weisz, president of Marriott Vacation Club International. “I am always inspired when reading letters from our owners. They relay stories of thoughtful care and above-and-beyond service. And it is with this commitment to developing one-to-one relationships with one another and our customers, we continually witness how effectively a strengths-based approach can work.”
“Studying more than 10 million employees worldwide allowed us to set an extraordinarily high bar for this award,” said Tom Rath, who leads Gallup’s Workplace and Leadership Consulting practice. “The winners have gone far beyond just offering nice perks and benefits. They have created an environment that truly engages people every day, throughout the organization.”
“At Marriott Vacation Club International,” continued Rath, “their commitment to developing the strengths of its associates is truly unparalleled.”
About The Gallup Great Workplace Award
The Gallup Great Workplace Awards recognize the best-performing workforces in the world. Applicants’ results are compared across a workplace research database comprised of millions of work teams in more than 100 countries. A panel of workplace experts assesses the applicants’ results to select the winners.
The physical award’s weight and design equal the merit of the winners’ accomplishments. To create the award, Gallup designers collaborated with R.S. Owens & Co., the company that produces many of the world’s most prestigious awards, including the Academy Awards. The award consists of two components. The top design features 12 etched crystal planes, layered to convey the kinetic energy of an engaged workforce. The crystal sits atop a concave-shaped pedestal base comprised of polished silver-plated legs and a satin finish front display. The combination of these parts results in a piece that evokes the nature of engagement.
About Marriott Vacation Club International
As the interval ownership division of Marriott International, Inc. (NYSE:MAR), Marriott Vacation Club International is a premier provider of vacation and leisure experiences for more than 360,000 owners. Since entering the timeshare industry in 1984, Marriott has earned its position as the recognized innovator and leader in vacation and fractional ownership products worldwide. Since that time, the company has segmented the industry to offer distinct vacation and real estate offerings, each based on the unique needs and desires of different customers. The brands are: Marriott Vacation Club, Horizons by Marriott Vacation Club, Grand Residences by Marriott and The Ritz-Carlton Club, as well as select whole ownership developments. Today, MVCI is enjoying its 11th consecutive year of 20 percent average annual growth, and in 2006 alone, hit a new industry sales record by reaching $1.83 billion in sales. For information, please visit www.marriottvacations.com or www.ritzcarltonrealestate.com.
Ed Kinney / Beth Ridenour
Marriott Vacation Club International
(407) 206-6278 / (407) 513-6671
firstname.lastname@example.org / email@example.com
MARRIOTT INTERNATIONAL, INC. (NYSE:MAR) is a leading lodging company with nearly 2,900 lodging properties in the United States and 67 other countries and territories. The company is headquartered in Washington, D.C., and had approximately 151,000 employees at 2006 year-end. It is ranked as the lodging industry’s most admired company and one of the best places to work for by FORTUNE®. The company is also a 2006 U.S. Environmental Protection Agency (EPA) ENERGY STAR® Partner. In fiscal year 2006, Marriott International reported sales from continuing operations of $12.2 billion. For more information or reservations, please visit our web site at www.marriott.com.