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Marriott International establishes Marriott Tech Accelerator in Hyderabad, India to enhance global technology capabilities

Oct 04, 2024•about 1 year ago

Acquiring Company

JW Marriott Desert Ridge

Acquired Company

JW Marriott Desert Ridge

BethesdaBethesda

Description

Marriott International, Inc. is expanding its global technology team by establishing the Marriott Tech Accelerator, its first global capability center, in Hyderabad, India. Leveraging Hyderabad’s tech talent, the center will support Marriott’s tech infrastructure, engineering capacity, and security capabilities across its global enterprise in 141 countries and territories.

Company Information

Company

JW Marriott Desert Ridge

Location

Bethesda, Maryland, United States

About

JW Marriott Desert Ridge is a luxury resort offering accommodations, dining, and amenities designed for leisure and business travelers alike. It features extensive meeting facilities and a focus on providing an exceptional guest experience in a serene desert setting.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed