Marriott International, Inc. (MAR)
| Market Cap | 80.75B |
| Revenue (ttm) | 6.57B |
| Net Income (ttm) | 2.77B |
| Shares Out | 277.89M |
| EPS (ttm) | 9.57 |
| PE Ratio | 30.35 |
| Forward PE | 28.27 |
| Dividend | $2.52 (0.87%) |
| Ex-Dividend Date | Nov 21, 2024 |
| Volume | 1,282,722 |
| Open | 291.65 |
| Previous Close | 292.54 |
| Day's Range | 289.29 - 293.71 |
| 52-Week Range | 204.55 - 295.45 |
| Beta | 1.58 |
| Analysts | Buy |
| Price Target | 271.10 (-6.71%) |
| 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 $271.1, which is a decrease of -6.71% from the latest price.
News
THE RITZ-CARLTON, NAPLES EARNS PRESTIGIOUS LEED SILVER CERTIFICATION
NAPLES, Fla. , Jan. 28, 2025 /PRNewswire/ -- The Ritz-Carlton, Naples , an icon on Florida's Paradise Coast, has received LEED Silver Certification from the U.S. Green Building Council for its Vanderb...
Marriott International Celebrates Outstanding Development Year With 6.8% Net Rooms Growth and Record Number of Gross Openings in 2024
With record annual signings, the company ended 2024 with 3,766 properties (577,265 rooms) in the development pipeline. View the Summary of 2024 Development Highlights BETHESDA, Md.
Top 4 hotel stocks to buy as the travel boom remains
The hotel industry has bounced back after the Covid-19 pandemic, as a combination of revenge travel and business recovery boomed. Most hotel companies have also embraced the licensing model by selling...
City Express by Marriott Set to Expand into New Countries Across the Caribbean and Latin America
Underscoring Marriott's expansion in the affordable midscale segment, the City Express by Marriott brand plans to debut in Argentina, Bolivia, Nicaragua, and Peru, with eight properties expected to op...
Marriott International: When Fundamentals And Technicals Agree
Marriott International, Inc. is a buy due to its market dominance, strategic business diversification, and strong liquidity. MAR's Q3 FY24 performance showed stable topline growth with a 6.6% YoY incr...
Marriott International Announces Release Date For Fourth Quarter 2024 Earnings
BETHESDA, Md. , Jan. 21, 2025 /PRNewswire/ -- Marriott International, Inc. (Nasdaq: MAR) will report fourth quarter 2024 earnings results on Tuesday, February 11, 2025, at approximately 7:00 a.m.
Marriott International Elects Sean Tresvant to Board of Directors
BETHESDA, Md. , Jan. 21, 2025 /PRNewswire/ -- The board of directors of Marriott International, Inc. (NASDAQ: MAR) today announced the election of Sean Tresvant, Chief Executive Officer of Taco Bell C...
Marriott International Vs. InterContinental Hotels Group: Which High-Margin Hotel Stock Is The Better Buy?
Hotel chains are under-considered investments for most investors, despite their strong historical and financial performance. Marriott and IHG Group are leading hotel operators with robust profit margi...
The Ritz-Carlton, Bangkok Debuts in Thailand, Promising A New Era of Unforgettable Luxury and Cultural Elegance in Thailand
Influenced by the tradition of grand Thai residences on Wireless Road, the innovative, 260-key hotel overlooking Lumpini Park leads the city's cultural evolution BANGKOK , Jan. 8, 2025 /PRNewswire/ --...
Marriott International Expands Presence in Coastal Xiamen with a Signed Agreement to Debut The Ritz-Carlton Brand
SHANGHAI , Dec. 23, 2024 /PRNewswire/ -- Marriott International, Inc. today announced the signing of an agreement with Xiamen Green Development Investment Group to introduce The Ritz-Carlton to Xiamen...
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...