BETHESDA, Md., July 10, 2024 /PRNewswire/ -- Marriott International, Inc. (Nasdaq: MAR) will report second quarter 2024 earnings results on Wednesday, July 31, 2024, at approximately 7:00 a.m. Eastern Time (ET). The company will hold a conference call for the investment community on Wednesday, July 31, 2024, at 8:30 a.m. (ET). Marriott International President and Chief Executive Officer Anthony Capuano and Chief Financial Officer and Executive Vice President, Development Leeny Oberg will discuss the company ...

Perfectly nestled between Vail and Beaver Creek's prime attractions. AVON, Colo., July 9, 2024 /PRNewswire/ -- The 116-suite SpringHill Suites by Marriot and 127-suite TownePlace Suites by Marriott in Avon, Colorado opened Tuesday, June 25th, 2024. With pet friendly suites embracing a mountain ethos, we offer unparalleled flexibility to tailor our guests experience. Located at 1782 Swift Gulch Road, the all-suite dual brand hotel will operate as a Marriott franchise. Owner JMA Ventures, LLC served as the pr ...

BETHESDA, Md., July 10, 2024 /PRNewswire/ -- Marriott International, Inc. (Nasdaq: MAR) ("Marriott") today released its 2024 Serve 360 Report highlighting the company's global Environmental, Social, and Governance ("ESG") efforts and progress towards its 2025 Sustainability and Social Impact Goals. The Report reflects data for the calendar year ended December 31, 2023. The Report can be accessed here.2024 Serve 360 ReportThis year, the Report features an "Around The World Highlights" addendum, which showcas ...

Company Overview - Marriott International is a global licensor, franchisor, and operator of hotels, timeshare, residential, and other lodging properties, with brands including The Ritz-Carlton, JW Marriott, Sheraton, and Westin among others [2] - The company operates in two reportable business segments: US & Canada and International [2] Digital Transformation Strategy - Marriott is leveraging emerging technologies such as augmented reality, AI, IoT, cloud, big data, and robotics to achieve operational efficiency and enhance customer experience [4] - The company is transforming into a data-driven organization using the Snowflake data platform [4] - In 2024, Marriott selected Oracle Fusion Cloud Human Capital Management platform to manage its workforce and support associate growth [4] Technology Initiatives and Investments - The company's technology initiatives are detailed with insights into technology themes, objectives, and benefits, providing a clear understanding of strategic intent [3] - Marriott's estimated ICT budgets and major ICT contracts highlight its financial commitments and priorities in advancing technological infrastructure [3] Partnerships and Innovation Programs - Marriott has a network of partnerships, investments, and acquisitions, including collaborations with companies like Oracle, Snowflake, and Amadeus [6] - The company is involved in accelerators, incubators, and other innovation programs to drive technological advancements [6] Key Insights - The report provides comprehensive insights into Marriott's tech operations, strategies, innovation initiatives, and technology themes under focus [5] - It also covers details of product launches, partnerships, and investment strategies [5]

The Luxury Group by Marriott International launches extensive research among affluent travelers across six markets 68% spending more on leisure travel with 74% respondents planning an intra-regional holiday within Asia-Pacific (APAC)Australia is the top destination in next 12 months ahead of Japan, with 46% planning to visitIndian HNW are driving luxury travel with 89% Indians planning to spend more in next 12 monthsHigh-end gastronomy is the primary driver for luxury travel with 88% planning holidays aroun ...

BETHESDA, Md., June 19, 2024 /PRNewswire/ -- Marriott Bonvoy, Marriott International's award-winning travel program, and The J. Willard and Alice S. Marriott (JWASM) Foundation are combining forces to donate $500,000 to World Central Kitchen (WCK), the non-profit organization founded by renowned chef José Andrés. The donation is expected to greatly enhance WCK's ability to provide meals in the wake of natural disasters and crises around the world, helping those in need receive the nutrition and support they ...

Undervalued blue-chip stocks offer a higher margin of safety than most stocks. That extra margin can minimize an investor’s losses during stock market corrections and market cycles with sharp volatility.However, minimizing losses doesn’t mean avoiding big gains. It’s possible to take less risk and set your portfolio up for a greater upside with an asymmetric risk-reward setup. Blue-chip stocks that exhibit rising revenue and profit margins are more likely to deliver long-term gains for shareholders. These u ...

WASHINGTON, June 07, 2024 (GLOBE NEWSWIRE) -- EB5 Capital is pleased to announce the first large wave of individual I-526 and I-526E petition approvals for investors in its SF Gateway Marriott (JF27) project. An I-526/I-526E approval is a significant step in the EB-5 immigration process as it qualifies the investor and their immediate family members for conditional permanent residency in the United States. EB5 Capital has raised foreign investor funds across approximately 40 EB-5 projects throughout the Uni ...

Marriott International, Inc. (MAR) is likely to benefit from solid leisure demand, digital initiatives and unit-expansion efforts. The focus on new midscale brands bodes well. However, an uncertain macroeconomic environment is a concern.Let us discuss the factors highlighting why investors should retain the stock for now.Growth CatalystsMarriott has been gaining from pent-up leisure demand. In first-quarter 2024, global RevPAR increased 4.2% year over year, with ADR rising approximately 3% and occupancy rea ...

Marriott International, Inc. (MAR) unveils plans to bolster its luxury portfolio with the conversion of three iconic properties across the United States. The Resort at Pelican Hill (Newport Beach, CA), Turtle Bay Resort (Oahu, HI) and a Midtown Manhattan luxury hotel will all join the Marriott Bonvoy portfolio. These conversions are expected to be finalized this summer, adding over 1,000 rooms to Marriott Bonvoy's already extensive luxury brand portfolio.These conversions solidify MAR's commitment to growin ...