Newmarket Realizes Record Growth, Expands Worldwide
Leading hospitality software provider moves into brand new Leadership in Energy and Environmental De
SEPTEMBER 3, 2008. Newmarket International, Inc., the leader in sales and catering solutions for the hospitality industry, today announced its move into a new LEED (Leadership in Energy and Environmental Design) building. With over 500 employees and team members worldwide, Newmarket expanded significantly in the last 5 years. Newmarket's new building will be the first commercial building with this environmental certification in Portsmouth, NH. Developed by Two International Group, the building is located at the Pease International Tradeport. The building move represents Newmarket's commitment to being an environmentally and socially conscious company.
'The new LEED building is not the only method we are pursuing to lessen our impact on the environment. We are taking measures across our entire organization to consider the environment when making business decisions. Being an environmentally aware company is important to us and it's extremely important to our customers that we are as well,' said Sean O'Neill, Chairman and CEO, Newmarket International, Inc.
Newmarket reached several company milestones recently. The company is growing across the globe with primary offices now located in Shanghai, London and Singapore. Newmarket has met great success in the Asia-Pacific region and later this year will expand into a new office in Singapore to keep pace with its growth. In the second quarter of 2008, Newmarket's customer base jumped to over 12,000 installations and its products are now in 75% of the leading hospitality companies globally.
'We have seen significant growth in the U.S. and beyond. We have presence now in over 110 countries and we see the international marketplace as a huge opportunity for Newmarket International,' states O'Neill.
The company's success is due to its leading, innovative industry products and services. Much of its growth is due to the MeetingBrokerSM solution, a web-based lead management tool, which is the only product of its kind. MeetingBroker fills a huge need in the industry for hospitality companies to move online, better understand their customers and generate greater conversions from leads. Currently, MeetingBroker delivers over 30,000 group opportunities each month. The conservative value of this business is in excess of $600 million. Additionally, Newmarket recently launched Delphi(R) with the Interactive Open Network(TM) (ION), which tightly integrates the leading sales and catering solution with MeetingBroker. The strength of Newmarket's product and services are also bolstered by strategic partnerships and powerful integrations with other industry leading companies and their solutions.
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
