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Why Marriott (MAR) is Poised to Beat Earnings Estimates Again
Zacks Investment Research· 2024-04-12 17:11
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Marriott International (MAR) , which belongs to the Zacks Hotels and Motels industry, could be a great candidate to consider.This hotel company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 34.44%.For the last reported quarter, Marriott came ...
Marriott (MAR) Expands Fairfield Brand With European Debut
Zacks Investment Research· 2024-04-09 19:16
Marriott International, Inc.'s (MAR) Fairfield by Marriott brand marks its European debut with the unveiling of Fairfield by Marriott Copenhagen Nordhavn. This move signifies the brand's focus on expanding its global presence.Nestled in Copenhagen's vibrant North Harbour district, Fairfield by Marriott brings the beauty of simplicity to the city. The brand is known for its rich heritage that values a simple, seamless and stress-free experience and finds an ideal match in modern Scandinavian culture and desi ...
Marriott International (MAR) Rises Higher Than Market: Key Facts
Zacks Investment Research· 2024-04-03 22:51
In the latest trading session, Marriott International (MAR) closed at $250.59, marking a +1.15% move from the previous day. The stock outperformed the S&P 500, which registered a daily gain of 0.11%. Meanwhile, the Dow lost 0.11%, and the Nasdaq, a tech-heavy index, added 0.23%.Coming into today, shares of the hotel company had lost 0.06% in the past month. In that same time, the Consumer Discretionary sector lost 1.15%, while the S&P 500 gained 1.5%.The upcoming earnings release of Marriott International w ...
MARRIOTT INTERNATIONAL ANNOUNCES RELEASE DATE FOR FIRST QUARTER 2024 EARNINGS
Prnewswire· 2024-04-02 20:30
BETHESDA, Md., April 2, 2024 /PRNewswire/ -- Marriott International, Inc. (Nasdaq: MAR) will report first quarter 2024 earnings results on Wednesday, May 1, 2024, at approximately 7:00 a.m. Eastern Time (ET).  The company will hold a conference call for the investment community on Wednesday, May 1, 2024, at 8:30 a.m. (ET).  Marriott International's President and Chief Executive Officer, Anthony Capuano, as well as Chief Financial Officer and Executive Vice President, Development, Leeny Oberg, will discuss t ...
Marriott International (MAR) Laps the Stock Market: Here's Why
Zacks Investment Research· 2024-03-20 22:51
The most recent trading session ended with Marriott International (MAR) standing at $254.05, reflecting a +1.69% shift from the previouse trading day's closing. The stock's performance was ahead of the S&P 500's daily gain of 0.89%. Elsewhere, the Dow saw an upswing of 1.03%, while the tech-heavy Nasdaq appreciated by 1.25%.Coming into today, shares of the hotel company had gained 2.83% in the past month. In that same time, the Consumer Discretionary sector gained 0.82%, while the S&P 500 gained 3.56%.Marke ...
Marriott (MAR) Boosts Loyalty Offerings With BetMGM Tie-Up
Zacks Investment Research· 2024-03-19 18:31
Marriott International, Inc.’s (MAR) Marriott Bonvoy recently announced a strategic partnership with MGM Resorts International’s (MGM) BetMGM to launch an unprecedented rewards collaboration in the online sports betting and iGaming industry.The companies had earlier collaborated to offer reciprocal earning and redemption benefits to Marriott Bonvoy and MGM Rewards loyalty program members. The alliance facilitates customers to earn and redeem points at the 16 renowned hotel and resort destinations of the MGM ...
THE RITZ-CARLTON, NAPLES UNVEILS NOLITA: A SLICE OF NEW YORK WITH A CLASSIC ITALIAN FLAIR
Prnewswire· 2024-03-18 13:45
The Celebrated Resort Launches Its Eighth Bar And Restaurant, Completing A Culinary Journey For Guests and Local ResidentsNAPLES, Fla., March 18, 2024 /PRNewswire/ -- The Ritz-Carlton, Naples celebrates the debut of Nolita, the latest culinary experience for the newly renovated resort known for its exceptional culinary offerings. Drawing inspiration from its namesake neighborhood in New York, Nolita features artisan pastas made in-house from 00 durum wheat and semolina, as well as hand-tossed pizzas and a ...
Marriott (MAR) Up 6.8% Since Last Earnings Report: Can It Continue?
Zacks Investment Research· 2024-03-14 16:36
It has been about a month since the last earnings report for Marriott International (MAR) . Shares have added about 6.8% 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 its most recent earnings report in order to get a better handle on the important catalysts. Marriott Q4 Earnings Surpass Estimates ...
THE RITZ-CARLTON, SOUTH BEACH AND WOMEN'S POWER SERIES ANNOUNCE SECOND ANNUAL WOMEN'S POWER BREAKFAST IN CELEBRATION OF INTERNATIONAL WOMEN'S DAY
Prnewswire· 2024-03-06 14:00
Created by Miami luxury real-estate developer Dayssi Olarte de Kanavos and her daughter, Sophia Kanavos, the Women's Power Breakfast will feature CEOs, Vogue Cover stars, TV presenters and more NEW YORK, March 6, 2024 /PRNewswire/ -- The Ritz-Carlton, South Beach announces its second annual Women's Power Breakfast on Friday, March 8th from 8 a.m. to 1:30 p.m. in partnership with Women's Power Series, founded by mother-daughter team Dayssi Olarte de Kanavos and Sophia Kanavos. Sponsored by global hospitality ...
CEO Trims Marriott Stake With Shares at All-Time High
24/7 Wall Street· 2024-02-28 16:15
CEO Trims Marriott Stake With Shares at All-Time High JHVEPhoto / iStock Editorial via Getty Images Following the behavior of company insiders as they manage their positions in their own companies can reveal a lot. People may sell shares for many reasons, such as buying a house, paying for college, or estate planning. Generally, they buy shares for only one reason: to make more money.Often, one of the largest and best-informed shareholders in any company is the chief executive officer. Let’s have a look a ...