NEWS Marriott International Reports Fourth Quarter and Full Year 2024 Results For a summary of fourth quarter and full year 2024 highlights, please visit: https://news.marriott.com/static-assets/component-resources/newscenter/earnings/2025/ce86e15d- fd4c-48b1-8ce5-44ad6a468787.pdf BETHESDA, MD – February 11, 2025 - Marriott International, Inc. (Nasdaq: MAR) today reported fourth quarter and full year 2024 results. "Looking ahead, I am incredibly optimistic about Marriott's future. With our unparalleled glob ...

Fourth quarter 2024 RevPAR1 increased 5.0 percent worldwide, with 4.1 percent growth in the U.S. & Canada and 7.2 percent growth in international markets Fourth quarter reported diluted EPS totaled $1.63 and adjusted diluted EPS totaled $2.45 Fourth quarter reported net income totaled $455 million and adjusted net income totaled $686 million Fourth quarter adjusted EBITDA totaled $1,286 million With record gross room additions of over 123,000 in 2024, net rooms grew 6.8 percent from year-end 2023 At the en ...

Marriott International, Inc. (MAR) is scheduled to release fourth-quarter 2024 results on Feb. 11, 2025, before the opening bell. In the previous quarter, the company’s earnings missed the Zacks Consensus Estimate by 2.2%.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.MAR’s Trend in Estimate RevisionThe Zacks Consensus Estimate for fourth-quarter bottom line is pegged at $2.38, indicating a decline of 33.3% from $3.57 reported in the year-ago quarter.For revenues, the consensus mar ...

The upcoming report from Marriott International (MAR) is expected to reveal quarterly earnings of $2.38 per share, indicating a decline of 33.3% compared to the year-ago period. Analysts forecast revenues of $6.4 billion, representing an increase of 5% year over year.The consensus EPS estimate for the quarter has undergone a downward revision of 0.7% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during th ...

The market expects Marriott International (MAR) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on February 11, 2025, might help the stock move higher if these ke ...

BETHESDA, Md., Feb. 3, 2025 /PRNewswire/ -- Marriott International today announced it has once again been named among FORTUNE Magazine's World's Most Admired Companies. The company has appeared on Fortune's Most Admired Companies' list consecutively since its inception in 1998. Marriott was named number one in the Hotels, Casinos, and Resorts category and placed number 13 in this year's ranking overall. Marriott International Named One of FORTUNE’s World’s Most Admired Companies Fortune's annual ranking ...

Core Points - The Ritz-Carlton, Naples has achieved LEED Silver Certification for its Vanderbilt Tower, highlighting its commitment to sustainability and environmental stewardship in the hospitality industry [1][3][4] - The resort's transformation included the addition of Ocean View guest rooms, the Mediterranean restaurant Sofra, and the largest Club Lounge in North America for the Ritz-Carlton brand [1][6] - The certification was obtained through strategies focused on sustainable site development, water savings, energy efficiency, materials selection, and indoor environmental quality [3][4] Company Overview - The Ritz-Carlton, Naples offers 474 guest rooms and suites with views of the Gulf of Mexico, and features amenities such as a 51,000 square-foot spa and multiple dining options [6] - The resort has received multiple accolades, including the AAA Five-Diamond award and recognitions from Travel + Leisure and Condé Nast Traveler magazines [6] - The Ritz-Carlton Hotel Company operates over 100 hotels and 45 residential properties globally, and is a subsidiary of Marriott International, Inc. [7]

Core Insights - Marriott International achieved record growth in 2024, with 123,000 gross room openings and a net rooms growth of 6.8%, ending the year with 3,766 properties and 577,265 rooms in the development pipeline [1][3][4] Development Highlights - The company signed over 1,200 deals in 2024, averaging more than 3 deals per day, representing nearly 162,000 rooms globally [4] - 34% of the room signings in 2024 were from conversion opportunities, showcasing strong momentum in this area [4] Luxury Segment Growth - Marriott's luxury portfolio now includes 658 hotels and resorts across 74 countries, with 61 new deals signed in 2024, resulting in 266 luxury properties in the pipeline [6] - Notable openings included W Prague and The St. Regis on the Bund, Shanghai, marking significant brand expansions [6] Affordable Midscale Segment Expansion - Marriott strengthened its presence in the affordable midscale segment, with City Express by Marriott planning expansions into multiple Latin American countries and a debut in the U.S. and Canada [7] - The brand currently has 153 open properties and 53 in the pipeline, while StudioRes celebrated its first groundbreaking [7] Branded Residential Portfolio Growth - Marriott's branded residences portfolio grew by over 50% since 2019, closing 2024 with 142 open locations and a pipeline of 138 [8] - The portfolio generated $2.1 billion in residential sales revenue for third-party developers in 2024, nearly double the previous year's total [8] Non-Traditional Hospitality Offerings - The company announced its entry into outdoor-focused lodging with the acquisition of Postcard Cabins and a long-term agreement with Trailborn [10][11] - This expansion aims to provide more choices in traditional and alternative accommodations for guests [11] Regional Growth Highlights - In the U.S. and Canada, Marriott's portfolio totaled over 1 million open rooms across 6,307 properties, with nearly 263,000 rooms in the pipeline [13] - The APEC region saw record signings of 109 deals, representing 21,439 rooms, with a 12% increase in the pipeline [14] - Greater China had 463 properties in the pipeline, with 161 deals signed in 2024, marking significant growth [15] - The CALA region closed the year with 183 properties in the pipeline, a 15% increase from the previous year [16] - EMEA region's pipeline grew to 596 properties, with 291 deals signed, representing a 10% increase [17]

Core Insights - Marriott International is expanding its City Express by Marriott brand into four new markets in the Caribbean and Latin America: Argentina, Bolivia, Nicaragua, and Peru, with plans to open eight properties over the next three years [2][3][4] Expansion Plans - The City Express by Marriott brand will debut in Argentina with two properties: one in Puerto Iguazu with 87 rooms expected to open in Q2 2025, and another in Añelo Neuquén with 100 rooms anticipated to open in 2027 [5] - In Bolivia, a new property in Santa Cruz de la Sierra is set to start construction in Q1 2025, featuring 100 rooms and expected to open in early 2027 [6] - Nicaragua will see three new properties: a 100-room hotel in Managua, a 49-room hotel in Estelí, and a 50-room hotel in downtown Leon, all expected to convert in Q3 2025 [7] - In Peru, two hotels, City Express Plus by Marriott and City Express Suites by Marriott, are anticipated to open in 2027 in Casma, featuring 120 and 80 rooms respectively [8] Market Positioning - The expansion reflects Marriott's commitment to providing affordable, high-quality lodging options in response to increasing demand in the region [4] - The City Express by Marriott brand aims to cater to both business and leisure travelers, focusing on convenience and comfort [11] - The brand's growth strategy includes new build and conversion opportunities, positioning it well to meet the needs of value-driven travelers [4][11]

Investment Focus - The individual has been investing in the ASEAN and NYSE/NASDAQ markets, with a focus on sectors such as banking, telecommunications, logistics, and hotels [1] - Investments are diversified across different industries and market cap sizes, including both long-term holdings for retirement and short-term trading for profits [1] Market Engagement - The individual began trading on the PH stock market in 2014, initially investing in popular blue-chip companies [1] - In 2020, the individual entered the US market, leveraging insights from Seeking Alpha and initially using a cousin's trading account before opening a personal account [1] Research and Analysis - The individual uses Seeking Alpha analyses to compare with their own research in the PH market, particularly focusing on US banks, hotels, shipping, and logistics companies [1]