Core Insights - Marriott International, Inc. is expanding its luxury portfolio in China by partnering with Xiamen Green Development Investment Group to introduce The Ritz-Carlton brand to Xiamen Island, highlighting its commitment to high-demand destinations [4][12] - The Ritz-Carlton, Xiamen will be part of a mixed-use development featuring retail spaces and a 340-meter office tower, enhancing its appeal to both corporate and leisure guests [8] - Marriott's shares have increased by 15.5% over the past three months, outperforming the industry growth of 11.5%, driven by strong global travel demand and improved group bookings [9] Company Developments - The new Marriott Executive Apartments in Xiamen will offer 144 fully furnished units for long-term stays, with access to shared facilities and exclusive amenities [1] - The Ritz-Carlton, Xiamen will feature world-class amenities, including a grand ballroom, multiple meeting spaces, and fine dining options, aimed at enhancing guest experiences [15] Market Performance - The company has seen a year-over-year growth of 10% in group RevPAR during the third quarter, attributed to higher room nights and increased average daily rates [9] - Business transient demand has improved, and leisure transient RevPAR has continued to exceed pre-pandemic levels, indicating a robust recovery in the hospitality sector [9]

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 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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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]

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]