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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
Core Insights - The collaboration between Missoni and The Ritz-Carlton aims to create a unique luxury experience at The Ritz-Carlton, Bali, by integrating Missoni's iconic design elements into the resort's beachfront [1][2][4] Group 1: Collaboration Details - The partnership transforms the beachfront into a vibrant and sophisticated space, featuring personalized details such as umbrellas, sunbeds, and common areas inspired by Bali's natural landscape [2][4] - A Missoni pop-up store will offer guests exclusive access to a curated capsule collection of resort wear, with the first drop featuring beachwear made from archival fabrics [3][5] - The second drop, set for June 2025, will include a bespoke pattern and a range of ready-to-wear styles and accessories, all marked with a special collaboration tag [3] Group 2: Brand Philosophy and Strategy - The collaboration exemplifies The Ritz-Carlton's commitment to innovation and creating memorable guest experiences by blending Missoni's playful style with its own luxury offerings [4][5] - This initiative follows the success of previous fashion partnerships, highlighting The Ritz-Carlton's versatility and dedication to enhancing guest experiences through unexpected collaborations [5] - Missoni's brand philosophy emphasizes a vibrant aesthetic and artisanal craftsmanship, aligning with The Ritz-Carlton's legacy of elegance and refinement [7][8]
THE RITZ-CARLTON, NAPLES DEBUTS COOKIES & COCKTAILS: A HOLIDAY-INSPIRED COOKBOOK COMPLEMENTING ITS ICONIC GINGERBREAD HOUSE
Prnewswire· 2024-11-21 18:34
Holiday Cookbook and Festive Events - The Ritz-Carlton, Naples introduces "Cookies & Cocktails," a holiday cookbook featuring recipes by Executive Pastry Chef Lerome Campbell and the resort's Mixologists, designed to bring festive spirit into homes [2] - The cookbook includes step-by-step guides for signature holiday treats, culinary insights, and personal stories from the resort's staff, inspiring new holiday traditions [3] - Proceeds from the cookbook, priced at $24.99, will benefit hunger and poverty relief efforts in Southwest Florida as part of the brand's Community Footprints initiative [4] Gingerbread House and Holiday Celebrations - The resort will unveil a life-size 2024 Gingerbread House on December 9, 2024, crafted by Chef Lerome and his team, offering a festive backdrop for seasonal photos through December 24 [5] - The holiday season at The Ritz-Carlton, Naples includes events like Breakfast with Santa, Gingerbread House Decorating Classes, Teddy Bear Tea, and an NYE Black-Tie Gala featuring jazz artist Stella Cole [6] - The Tiburón Holiday Market at The Ritz-Carlton Naples, Tiburón features synthetic skating, local vendor stalls, and nightly snow flurries, adding to the festive experience [6] About The Ritz-Carlton, Naples - The Ritz-Carlton, Naples is a luxury resort with 474 guest rooms and suites, offering stunning Gulf of Mexico views and eight dining venues, including award-winning restaurants [9][10] - The resort's Vanderbilt Tower, introduced in 2023, includes a private Club Level Lounge, LEED Silver Certification, and enhanced amenities like a 51,000-square-foot spa and refreshed pool areas [10] - The resort has received numerous accolades, including the AAA Five-Diamond Award and recognition on Travel + Leisure's IT List and 500 List (2024) [10] About The Ritz-Carlton Hotel Company - The Ritz-Carlton Hotel Company operates over 100 hotels and 45 residential properties in 30 countries and territories, part of Marriott International, Inc [11] - The company participates in Marriott Bonvoy, offering members global brand experiences, points for free stays, and elite status benefits [11]
Marriott Boosts EDITION Line-Up With Second Property in Shanghai
ZACKS· 2024-11-21 14:16
Marriott International, Inc. (MAR) recently announced an agreement with New Development Group to open its second EDITION-branded hotel in Shanghai. The move underscores Marriott’s strategic focus on leveraging high-growth urban markets to strengthen its foothold in Greater China. The company looks forward to opening the property in 2026.Located on Suzhou Creek in the Putuo district, adjacent to Changfeng Park, the luxury lifestyle hotel will likely comprise 278 luxurious guest rooms, including three bespoke ...
Marriott Expands in EMEA Region With Its Branded Residences
ZACKS· 2024-11-20 18:15
In the past two years, Marriott International, Inc. (MAR) signed 26 agreements to bring its branded residential portfolio to iconic destinations in the Europe, Middle East & Africa (EMEA) region.Keeping its objective in focus, the company has been able to accelerate the growth of its residential portfolio in the region with 70 projects, comprising 43 projects in its signed pipeline and 27 open properties.Marriott’s Branded ResidencesMarriott’s residential portfolio offers 16 luxury and premium brands, provi ...
AUSTINPLACE BECOMES LARGEST SINGLE COLLECTION OF MARRIOTT HOTELS IN TEXAS
GlobeNewswire News Room· 2024-11-20 17:15
Austin, Texas, Nov. 20, 2024 (GLOBE NEWSWIRE) -- While the Austin Convention Center closes for four years, the hospitality industry is working now to ensure that the city maintains its viability as a group and convention center destination. White Lodging, with approximately 22% of the central business district hotel rooms in its portfolio, has the most to gain (and lose) during the closure. The AustinPlace Hotel Collection fills this temporary void by offering the largest collection of Marriott hotels in Te ...
MARRIOTT INTERNATIONAL SIGNS AGREEMENT TO BRING THE SECOND EDITION HOTEL TO SHANGHAI
Prnewswire· 2024-11-20 15:00
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 to open in 2026. Striking the perfect balance between taste-making design, excellent service, and an authentic connection to the locale, The Shanghai EDITION, Changfeng Park, aims to redefine the concept of luxury in the vibrant Putuo District. The Shanghai EDITION, Changfeng Park Standard King Room "Shangha ...
Marriott International Expands Branded Residences Portfolio in Europe, Middle East & Africa Region
Prnewswire· 2024-11-19 11:00
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, 2024 /PRNewswire/ -- Today at the Resort and Residential Forum, Marriott International (NASDAQ: MAR, "Marriott") announces its accelerated growth in its branded residential portfolio in the Europe, Middle East & Africa ("EMEA") region, with 70 projects in the portfolio, including 43 projects in its signed pipeli ...
Marriott International Announces 100th Property in Japan with the Opening of Four Points Flex by Sheraton Osaka Umeda
Prnewswire· 2024-11-18 05:01
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/ -- Marriott International, Inc. (NASDAQ: MAR) reached a significant milestone in Japan today with the opening of its 100th property in Japan - Four Points Flex by Sheraton Osaka Umeda. This event also marks the inaugural debut of the Four Points Flex by Sheraton brand in Asia Pacific excluding China alongside global inve ...
Newly Announced Royalton Chic Barbados to Join Marriott's Autograph Collection Portfolio
GlobeNewswire News Room· 2024-11-05 14:30
ST. MICHAEL, Barbados, Nov. 05, 2024 (GLOBE NEWSWIRE) -- During the 2024 World Travel Market (WTM) in London, Blue Diamond Resorts is thrilled to announce that the eagerly awaited Royalton CHIC Barbados will join Marriott International’s distinguished Autograph Collection upon its opening as an adults-only retreat in Spring 2026. This exciting development follows the recent announcement of its debut and marks a significant step in delivering elevated, exclusive experiences to the Caribbean. This new propert ...