Net rooms grew 4.7% to over 1.597 million; company development pipeline ended 2023 at a record 573,000 rooms, an increase of 15 percent from the previous yearBETHESDA, Md., Jan. 22, 2024 /PRNewswire/ -- At the Americas Lodging Investment Summit (ALIS), Marriott International, Inc. (NYSE: MAR) announced the company's record year of global signings with 52 percent more organic rooms signed in 2023 than in 2022, as it continues to expand offerings for owners, franchisees, and guests. The company also announced ...

Marriott International (MAR) ended the recent trading session at $233.67, demonstrating a +0.43% swing from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily gain of 1.23%. Elsewhere, the Dow gained 1.06%, while the tech-heavy Nasdaq added 1.7%.The hotel company's shares have seen an increase of 4.89% over the last month, surpassing the Consumer Discretionary sector's loss of 2.56% and the S&P 500's gain of 0.94%.The upcoming earnings release of Marriott Internationa ...

Ceremony marks milestone for Marriott's new affordable midscale extended stay brand in U.S. and CanadaBETHESDA, Md., Jan. 17, 2024 /PRNewswire/ -- Today, Marriott International, Inc. (NYSE: MAR) celebrated the groundbreaking of its inaugural StudioRes brand hotel, as Concord Hospitality began construction of its first property in Fort Myers, Florida. Announced in June 2023, the StudioRes brand is Marriott's new affordable midscale extended stay brand in the U.S. & Canada. StudioRes Groundbreaking (PRNews ...

BETHESDA, Md., Jan. 17, 2024 /PRNewswire/ -- Marriott International, Inc. (Nasdaq: MAR) will report fourth quarter 2023 earnings results on Tuesday, February 13, 2024, at approximately 7:00 a.m. Eastern Time (ET).  The company will hold a conference call for the investment community on Tuesday, February 13, 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 d ...

Marriott International (MAR) closed at $227.03 in the latest trading session, marking a +0.11% move from the prior day. The stock's performance was ahead of the S&P 500's daily loss of 0.07%.Shares of the hotel company witnessed a gain of 3.99% over the previous month, beating the performance of the Consumer Discretionary sector with its gain of 1.29% and the S&P 500's gain of 3.98%.Investors will be eagerly watching for the performance of Marriott International in its upcoming earnings disclosure. It is an ...

Marriott International (MAR) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this hotel company have returned +4%, compared to the Zacks S&P 500 composite's +4% change. During this period, the Zacks Hotels and Motels industry, which Marriott falls in, has gained 6.9%. The key question now is: What could be the stock's future direction?Although medi ...

Have you been paying attention to shares of Marriott International (MAR) ? Shares have been on the move with the stock up 5.4% over the past month. The stock hit a new 52-week high of $228.29 in the previous session. Marriott International has gained 1.2% since the start of the year compared to the 16.4% move for the Zacks Consumer Discretionary sector and the 33.8% return for the Zacks Hotels and Motels industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surpr ...

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a growth stock that can live up to its true potential can be a tough task.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, the Zacks Growth Style Score (part of the Zacks Style S ...

Marriott International (MAR) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Si ...

Marriott International, Inc. (NASDAQ:MAR) Q3 2023 Earnings Call Transcript November 2, 2023 8:00 AM ET Company Participants Jackie McConagha - Senior Vice President, Investor Relations Tony Capuano - President & Chief Executive Officer Leeny Oberg - Chief Financial Officer & Executive Vice President, Development Conference Call Participants Shaun Kelley - Bank of America Stephen Grambling - Morgan Stanley Smedes Rose - Citi David Katz - Jefferies Robin Farley - UBS Richard Clarke - Bernstein Chad Beynon - M ...