Marriott International, Inc. (MAR)
| Market Cap | 78.91B |
| Revenue (ttm) | 6.57B |
| Net Income (ttm) | 2.77B |
| Shares Out | 277.89M |
| EPS (ttm) | 9.57 |
| PE Ratio | 29.66 |
| Forward PE | 27.64 |
| Dividend | $2.41 (0.85%) |
| Ex-Dividend Date | Nov 21, 2024 |
| Volume | 2,546,368 |
| Open | 276.83 |
| Previous Close | 279.02 |
| Day's Range | 276.81 - 286.93 |
| 52-Week Range | 204.55 - 295.45 |
| Beta | 1.58 |
| Analysts | Buy |
| Price Target | 265.48 (-6.51%) |
| Earnings Date | Feb 11, 2025 |
About MAR
Marriott International, Inc. engages in operating, franchising, and licensing hotel, residential, timeshare, and other lodging properties worldwide. It operates its properties under the JW Marriott, The Ritz-Carlton, The Luxury Collection, W Hotels, St. Regis, EDITION, Bvlgari, Marriott Hotels, Sheraton, Westin, Autograph Collection, Renaissance Hotels, Le Méridien, Delta Hotels by Marriott, Tribute Portfolio, Gaylord Hotels, Design Hotels, Marriott Executive Apartments, Apartments by Marriott Bonvoy, Courtyard by Marriott, Marriott BonvoyÂ, Fa... [Read more]
Financial Performance
In 2023, Marriott International's revenue was $6.30 billion, an increase of 17.63% compared to the previous year's $5.36 billion. Earnings were $3.08 billion, an increase of 30.75%.
Financial StatementsAnalyst Forecast
According to 21 analysts, the average rating for MAR stock is "Buy." The 12-month stock price forecast is $265.48, which is a decrease of -6.51% from the latest price.
News
FTC Finalizes Order Requiring Marriott to Improve Data Security
The Federal Trade Commission (FTC) has finalized an order requiring Marriott International and its subsidiary Starwood Hotels & Resorts Worldwide to implement a comprehensive information security prog...
W LAS VEGAS DEBUTS AT MANDALAY BAY
Hotel officially joins the MGM Collection with Marriott Bonvoy portfolio, marking the latest step in the long-term strategic licensing agreement between MGM Resorts International and Marriott Internat...
UNITE HERE Releases Resort Fee Refund Guide for Marriott Customers
SAN FRANCISCO--(BUSINESS WIRE)--The hotel workers union says that Marriott's "destination” fees are forcing guests to pay for things they don't want.
In Celebration of its 25th Anniversary, the JW Marriott Las Vegas and Rampart Casino at The Resort at Summerlin Unveils a $75 Million Renovation
LAS VEGAS--(BUSINESS WIRE)--The JW Marriott Las Vegas Resort & Spa and Rampart Casino is celebrating 25 years of luxury service and exceptional hospitality with a stunning transformation. The annivers...
Marriott Acquires the Postcard Cabins Brand: A New Chapter for Outdoor Hospitality
The Postcard Cabins brand, formerly known as Getaway and a pioneer in outdoor hospitality, joins the Marriott International Portfolio BROOKLYN, N.Y. , Dec. 12, 2024 /PRNewswire/ -- The Postcard Cabins...
Marriott International Explores the Outdoors with Postcard Cabins and Trailborn
Company Signs Founding Deals with Two Key Players in the Outdoor Segment to Enhance Experiential Travel Offerings, with Plans to Launch an Outdoor-Focused Collection in 2025 BETHESDA, Md. , Dec. 12, 2...
Marriott Phoenix Resort Tempe at The Buttes Completes Renovation
TEMPE, Ariz.--(BUSINESS WIRE)-- #arizonaresorts--Marriott Phoenix Resort Tempe at the Buttes Completes multi-million dollar renovation.
Marriott Recognizes Crestline Hotels & Resorts with Its Prestigious Serve 360 Award
FAIRFAX, Va., Dec. 03, 2024 (GLOBE NEWSWIRE) -- Marriott International presented Crestline Hotels & Resorts, LLC its Serve 360 AWARD at the brand's recent annual MINA & Full-Service Owners Conference ...
US-based travel companies plan layoffs ahead of 2025
U.S.-based travel companies, from Marriott International to Booking Holdings . are trimming their budgets and workforce ahead of next year as falling leisure travel demand from lower-income travelers ...
Marriott Vacations: Business Normalizing As Delinquencies Stabilize
Marriott Vacations Worldwide has seen a 29% gain over the past year, with recent recovery post-summer volatility, but remains below Q2 highs. Q3 results showed a $1.80 EPS, beating estimates by $0.20,...
Boots, Heinz, H.Samuel, and Marriott International Are Among the Winners of the 2024-2025 World Branding Awards
LONDON--(BUSINESS WIRE)-- #worldbranding--The 18th edition of the World Branding Awards honoured the success and achievements of some of the World's Best Brands as National, Regional, and Global Winne...
Missoni and The Ritz-Carlton Partner to Launch the Exclusive Missoni Resort Club in Bali
Iconic Italian Design Meets the Elegance of The Ritz-Carlton on Bali's Stunning Beachfront BALI, Indonesia , Nov. 21, 2024 /PRNewswire/ -- Missoni unveils its latest Missoni Resort Club project in col...
THE RITZ-CARLTON, NAPLES DEBUTS COOKIES & COCKTAILS: A HOLIDAY-INSPIRED COOKBOOK COMPLEMENTING ITS ICONIC GINGERBREAD HOUSE
The new collection of recipes, debuting at the resort's premiere of the 2024 Gingerbread House, will benefit poverty and hunger relief programs in Southwest Florida. NAPLES, Fla.
AUSTINPLACE BECOMES LARGEST SINGLE COLLECTION OF MARRIOTT HOTELS IN TEXAS
10-hotel collection with more than 220,000 square feet of meeting space and more than 3,300 guest rooms band together to create convention center destination 10-hotel collection with more than 220,000...
MARRIOTT INTERNATIONAL SIGNS AGREEMENT TO BRING THE SECOND EDITION HOTEL TO SHANGHAI
SHANGHAI , Nov. 20, 2024 /PRNewswire/ -- Marriott International Inc. recently announced that it has signed an agreement with New Development Group to bring the second EDITION Hotels to Shanghai, set t...
Marriott International Chief Financial Officer and Executive Vice President, Development to Speak at the Barclays 2024 Eat, Sleep, Play Conference December 5; Remarks to be Webcast
BETHESDA, Md. , Nov. 20, 2024 /PRNewswire/ -- Marriott International, Inc.'s (Nasdaq: MAR) Chief Financial Officer and Executive Vice President, Development, Leeny Oberg, will speak at the Barclays 20...
Marriott CEO Anthony Capuano: Modest-income households want to travel, but they want value too
Modest-income households have a strong appetite for travel and "a real desire to find a value alternative," said Marriott CEO Anthony Capuano, while in Japan following the debut opening of the company...
Marriott CEO Tony Capuano: 'We are firing on all cylinders in every geography'
Marriott International's business operations and growth are solid, CEO Anthony Capuano told CNBC Monday, amid corporate layoffs and sluggishness in China's domestic tourism market. Demand and high occ...
UNITE HERE Calls on Regulators to Investigate Marriott's Resort Fees
SAN FRANCISCO--(BUSINESS WIRE)--Marriott claims its “destination fees” enhance your stay. The hotel workers union says guests and regulators should decide if that's true.
Marriott International Expands Branded Residences Portfolio in Europe, Middle East & Africa Region
Underscoring the company's global leadership in branded residences and luxury development, Marriott International announces a strong residential pipeline in the EMEA region. ATHENS, Greece , Nov. 19, ...
Peachtree Group Breaks Ground on Residence Inn by Marriott in San Antonio, Texas
ATLANTA & SAN ANTONIO--(BUSINESS WIRE)--Peachtree Group broke ground on a new 171-room studio-suite Residence Inn by Marriott in downtown San Antonio, Texas.
Marriott International Announces 100th Property in Japan with the Opening of Four Points Flex by Sheraton Osaka Umeda
Marking The Debut Of The Four Points Flex Brand In Asia Pacific, This Opening Underscores The Company's Strategic Growth In The Affordable Midscale Segment TOKYO , Nov. 18, 2024 /PRNewswire/ -- Marrio...
Why I've Got an Eye On These Travel Stocks
Going places to gather experiences, learn and relax is what people do as income grows and these travel stocks are likely to benefit from that trend.
Affinity Hospitality Announced Marriott Courtyard® Midtown Anchorage Expected Completion Spring 2026
ANCHORAGE, Alaska--(BUSINESS WIRE)-- #anchoragealaska--Affinity Hospitality announced the highly anticipated property, The Courtyard by Marriott Midtown Anchorage, is anticipated to open Spring 2026. ...
Design Hotels Accelerates Global Portfolio Growth with Milestone Signings
Signings include Highly Anticipated New Hotels in the United States (NYC, Nashville, and San Diego), Mexico, Switzerland, Italy, Turkey, Singapore and Bali BERLIN , Nov. 12, 2024 /PRNewswire/ -- Desig...