# Who are Marriott International, Inc.'s customers? Who does Marriott International, Inc. earn revenue from?
Canonical: https://valuechain.wiki/marriott-international · Facet: customers · Updated: 2026-09-24T04:08:56.38289+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Marriott International, Inc.'s confirmed revenue counterparties include Las Vegas Sands Corp., JPMorgan Chase, American Express. Per the valuechain.wiki graph: 3 revenue edges, backed by 4 dated sources, 2 of them primary filings (as of 2026-09-24).

### 라스베이거스 샌즈 (high)  → /las-vegas-sands.md
- metric: Contract value $57M · 2025-2040 · Present value of fixed payments under the 15-year Londoner Grand franchise agreement
- note: Marriott International entered a 15-year franchise agreement with a Sands China subsidiary to operate Londoner Grand under its Luxury Collection brand, and the subsidiary recognized $57 million in January 2025 as the present value of contractual fixed payments.
- [confirms] SEC EDGAR (EN, filing, published 2026-02-06) https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/lvs-20251231.htm: "effective January 1, 2025, for a period of 15 years"
- [confirms] Las Vegas Sands (EN, ir, published 2025-10-29) https://www.sands.com/news/a-look-at-the-londoner-macao-sands-chinas-largest-and-most-updated-integrated-resor/: "Marriott Bonvoy's first Macao Luxury Collection hotel"
- [confirms] Marriott International (EN, news, published 2025-02-18) https://www.prnewswire.com/news-releases/the-luxury-collection-debuts-in-macao-with-the-unveiling-of-londoner-grand-a-luxury-collection-hotel-macao-302376528.html: "Londoner Grand, a Luxury Collection Hotel, Macao"

### JPMorgan Chase (high)  → /jpmorgan-chase.md
- note: Marriott has a multi-year U.S. Bonvoy co-branded card agreement with JPMorgan Chase. It receives fixed consideration at contract inception and monthly variable consideration tied primarily to card usage, but does not disclose the amount by issuer.
- [confirms] SEC EDGAR (EN, filing, published 2026-02-10) https://www.sec.gov/Archives/edgar/data/1048286/000104828626000007/mar-20251231.htm: "multi-year agreements with JPMorgan Chase"

### 아메리칸 익스프레스 (high)  → /american-express.md
- note: Marriott has a multi-year U.S. Bonvoy co-branded card agreement with American Express. It receives fixed consideration at contract inception and monthly variable consideration tied primarily to card usage, but does not disclose the amount by issuer.
- [confirms] SEC EDGAR (EN, filing, published 2026-02-10) https://www.sec.gov/Archives/edgar/data/1048286/000104828626000007/mar-20251231.htm: "and American Express"

Reverse side: https://valuechain.wiki/marriott-international/suppliers.md · Ripple: https://valuechain.wiki/marriott-international/ripple.md

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