00:00Meanwhile, Marriott was not satisfied with just owning a restaurant.
00:03He wanted to expand into other areas of the hospitality industry.
00:07This desire led him to open his first motel in 1957.
00:11The motel was located near the Baltimore airport and was named Travelodge.
00:15It featured a coffee shop, a cocktail lounge, and 72 rooms with regular and weekly rates.
00:21However, Marriott soon realized that while the motel was doing well, the restaurant was not.
00:26So he sold the restaurant to one of his managers for $250,000 and used the money to open another
00:33motel in 1959.
00:35Unlike the previous motel, this one was located right off a highway and featured 134 rooms,
00:41along with a large parking lot, a swimming pool, and a restaurant.
00:46This motel proved to be even more successful than the last
00:49and became the foundation of what would later become the Marriott Corporation.
00:53Meanwhile, as the number of motor vehicles on the road kept increasing, so did the demand for motels.
00:59In the early 1960s, Marriott opened several more motor hotels and grew his business rapidly.
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