Marriott International(MAR)
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The Ritz-Carlton, Bangkok Debuts in Thailand, Promising A New Era of Unforgettable Luxury and Cultural Elegance in Thailand
Prnewswire· 2025-01-08 14:00
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/ -- Today marks the highly anticipated debut of The Ritz-Carlton, Bangkok, introducing a world-class hotel that offers unparalleled hospitality and immersive cultural experiences. Part of the Luxury Group portfolio by Marriott International, the hotel is set in an alluring 216- meter-high tower at One Bangkok, the ...
Marriott International Expands in China With Ritz-Carlton Deal
ZACKS· 2024-12-24 14:51
Marriott International, Inc. (MAR) has taken a significant step in expanding its luxury portfolio in China. The company announced a partnership with Xiamen Green Development Investment Group to introduce The Ritz-Carlton brand to Xiamen Island in Fujian Province. This move underscores Marriott’s commitment to delivering elevated guest experiences in high-demand destinations.The Ritz-Carlton, Xiamen, will be a key part of a mixed-use development in the Siming District. The project will feature retail spaces ...
Marriott International Expands Presence in Coastal Xiamen with a Signed Agreement to Debut The Ritz-Carlton Brand
Prnewswire· 2024-12-23 15:00
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 Island in Fujian Province. The Ritz-Carlton, Xiamen will deliver its legendary service and elegant aesthetic to immerse guests in one of China's most coveted destinations. Rendering of The Ritz-Carlton, Xiamen "We are excited to bring The Ritz-Carlton to Xiamen, offering guests the opportunity to indulge ...
Marriott Announces Outdoor Lodging Expansion With New Deals
ZACKS· 2024-12-13 13:06
Marriott International, Inc. (MAR) recently announced expansion into the outdoor lodging segment, underscoring its commitment to offering diverse accommodations for nature-immersive travel. The company announced two deals, including the acquisition of the Postcard Cabins brand (previously known as Getaway Outposts) and a long-term agreement with outdoor hospitality brand Trailborn.More on the NewsThe initiatives are part of Marriott's broader strategy to provide travelers and Marriott Bonvoy members with a ...
Marriott Acquires the Postcard Cabins Brand: A New Chapter for Outdoor Hospitality
Prnewswire· 2024-12-12 13:30
Founded in 2015, Postcard Cabins was built with a mission to bring the experience of finding free time in nature to more people—offering a chance to slow down, unplug and embrace the great outdoors with ease and comfort. This innovation sparked a movement: guests have spent over 40 million hours immersed in nature at Postcard Cabins' 1,200+ cabins across 29 Outposts. With more than 600 wedding proposals, close to 100,000 dog stays and more than 2.4 million guests and counting, Postcard Cabins represents mor ...
Marriott (MAR) Up 9.7% Since Last Earnings Report: Can It Continue?
ZACKS· 2024-12-04 17:36
A month has gone by since the last earnings report for Marriott International (MAR) . Shares have added about 9.7% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Marriott due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Marriott Q3 Earnings & Revenues Miss Estimat ...
Marriott Recognizes Crestline Hotels & Resorts with Its Prestigious Serve 360 Award
GlobeNewswire News Room· 2024-12-03 11:00
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 in Orlando, FL. Crestline was recognized for its commitment to Marriott’s sustainability and social impact platform. Serve 360 is all about doing good in every direction and utilizing the brand's most valuable asset, its culture. Crestline showcased its skills in “doing good in every direction” and was recogniz ...
Here's Why You Should Retain Marriott Stock in Your Portfolio Now
ZACKS· 2024-11-26 13:29
Marriott International, Inc. (MAR) is likely to benefit from solid leisure demand, a rise in group bookings and unit-expansion efforts. The focus on the loyalty program bodes well. However, soft demand in China is a concern. MAR's Growth Catalysts Marriott's shares have soared 26.6% in the past three months compared with the industry's 18.9% rise. The company has been benefitting from a solid increase in global travel demand and a rise in group bookings. During the third quarter, group RevPAR rose 10% year ...
Marriott Vacations: Business Normalizing As Delinquencies Stabilize
Seeking Alpha· 2024-11-26 10:37
Shares of Marriott Vacations Worldwide (NYSE: VAC ) have been a solid performer over the past year, gaining 29%. Still, it has been a volatile ride, with shares falling over the summer and recovering more recently. VAC does remain below it Q2 highs. I last covered sharesOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question ...
Missoni and The Ritz-Carlton Partner to Launch the Exclusive Missoni Resort Club in Bali
Prnewswire· 2024-11-21 18:46
Iconic Italian Design Meets the Elegance of The Ritz-Carlton on Bali's Stunning BeachfrontBALI, Indonesia, Nov. 21, 2024 /PRNewswire/ -- Missoni unveils its latest Missoni Resort Club project in collaboration with The Ritz-Carlton, transforming the exclusive beachfront at The Ritz-Carlton, Bali into the iconic Missoni Resort Club. Through this collaboration the renowned Italian fashion house brings its signature Resort Club aesthetic and motifs to The Ritz-Carlton's iconic beach resort in Nusa Dua, Bali, ov ...