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Re:Airbnb announces confidential submission of draft Registr... by syshum on Wednesday August 19, 2020 @05:47PM (#24217062)
I dont know about the Marriott family of brands specifically but I would image like most large companies in this sector they have a Mix of Franchisees and Direct owned properties.

Hilton Certainly does under several of its brands.

This Franchise model does not change my statement really at all, as it is far different model than what airbnb has

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