Marriott International(MAR)
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Marriott Bonvoy Bevy American Express Card review: Solid bonus may not outweigh annual fee for some
Yahoo Finance· 2024-09-05 18:25
Core Insights - The Marriott Bonvoy Bevy® American Express® Card offers a substantial welcome bonus and rewards structure, but the annual fee may not provide sufficient value for all users, especially those who do not frequently stay at Marriott hotels [1][3]. Summary by Category Annual Fee and Welcome Offer - The card has an annual fee of $250 and offers a welcome bonus of 85,000 Marriott Bonvoy® bonus points after spending $5,000 in the first 6 months [3]. Rewards Structure - Cardholders earn 6x Marriott Bonvoy points for eligible purchases at participating Marriott hotels, 4x points at restaurants and U.S. supermarkets (up to $15,000 combined per year), and 2x points on all other eligible purchases [3][5]. - The card can potentially earn up to 18.5x points for every $1 spent at Marriott hotels when factoring in membership bonuses and elite status [4][5]. Benefits - Cardholders can earn a free night award after spending $15,000 in a calendar year, which can be redeemed for stays at hotels participating in Marriott Bonvoy [7]. - The card provides 15 Elite Night Credits each year towards Marriott Bonvoy® Elite status, enhancing the overall value for frequent travelers [7]. Redemption Options - Points can primarily be redeemed for free hotel stays, but other options include booking travel, purchasing gift cards, and transferring points to frequent flyer programs [8][6]. Comparison with Other Cards - The Marriott Bonvoy Boundless® Credit Card, with a lower annual fee of $95, offers a free night reward without a spending requirement, making it a potentially better option for some users [9][11].
Marriott Bonvoy Brilliant American Express card: A premium card with tons of added benefits
Yahoo Finance· 2024-09-05 18:22
Core Points - The Marriott Bonvoy Brilliant® American Express® Card is a premium travel credit card with a high annual fee of $650, offering substantial rewards and benefits that can justify its cost [3][18] - Cardholders can earn a welcome offer of 100,000 Marriott Bonvoy® bonus points after spending $6,000 in the first 6 months [3] - The card provides a rewards rate of 6x points for eligible purchases at Marriott hotels, 3x points at restaurants and on flights booked directly with airlines, and 2x points on all other eligible purchases [3][4] Rewards and Benefits - Cardholders can earn up to 21 points per $1 spent on eligible purchases at participating Marriott hotels, combining credit card points, Marriott Bonvoy membership, and Platinum Elite status [4][8] - Additional benefits include a $300 Brilliant Dining Credit, one free night award annually, and complimentary Platinum Elite status, which offers perks like free room upgrades and late checkout [7][11] - The card also includes travel insurance benefits, such as trip cancellation and interruption insurance, trip delay insurance, and no foreign transaction fees [17][18] Redemption Options - Points can be redeemed for hotel stays, flights, cruises, rental cars, and even charitable donations, with the highest value obtained through hotel stays [6][10] - The estimated value of points ranges from 0.7 to 0.9 cents each, with hotel stays providing the best redemption value [6] Target Audience - The card is best suited for frequent travelers who are loyal to Marriott properties, as it offers significant rewards for those who frequently stay at Marriott hotels [13][20] - It may be less valuable for individuals who prefer more flexible hotel options or do not frequently stay at Marriott properties [13][18]
Marriott (MAR) Up 5.8% Since Last Earnings Report: Can It Continue?
ZACKS· 2024-08-30 16:37
It has been about a month since the last earnings report for Marriott International (MAR) . Shares have added about 5.8% 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 its most recent earnings report in order to get a better handle on the important drivers. Marriott Q2 Earnings Top, Revenues Miss, ...
Marriott International Named in Top 5 of 2024 PEOPLE® Companies that Care List
Prnewswire· 2024-08-28 12:00
BETHESDA, Md., Aug. 28, 2024 /PRNewswire/ -- Great Place To Work® and PEOPLE magazine have recognized Marriott International as one of the 2024 PEOPLE® Companies that Care. This marks Marriott International's (Marriott) fifth consecutive year on the list and highest placement to date at number four. Marriott's inclusion on the list is a recognition of the company's focus on its sustainability and social impact platform, Serve 360: Doing Good in Every Direction.Great Place To Work® and PEOPLE magazine have r ...
Marriott (MAR) Forms Alliance With Sonder to Expand Portfolio
ZACKS· 2024-08-20 17:26
Marriott International, Inc. (MAR) has entered a long-term licensing agreement with Sonder Holdings Inc., highlighting the addition of Sonder's open and pipeline portfolio to its system under a new collection, Sonder by Marriott Bonvoy.Takeaways From the CollaborationPer the agreement, Marriott will welcome more than 9,000 rooms from Sonder’s portfolio by 2024 end, along with 1,500 rooms, into its pipeline. The rooms in Sonder’s pipeline are expected to be added to the company’s system over the next few yea ...
Marriott (MAR) Expands Luxury Portfolio With Longboat Key Resort
ZACKS· 2024-08-19 16:46
Marriott International, Inc. (MAR) unveiled The St. Regis Longboat Key Resort in Florida, which marks its 9,000th property. This expansion underscores MAR’s continued global growth and its extensive luxury portfolio.The new resort, developed by Unicorp National Developments and designed by SB Architects, Hirsch Bedner Associates (HBA Miami) and Dutch East Design, is the largest development on Longboat Key in more than 50 years. It strengthens Marriott's position with its extensive portfolio of seven brands, ...
3 Consumer Discretionary Stocks Poised for a Comeback After Last Week's Market Meltdown
Investor Place· 2024-08-14 10:12
The market opened horribly last week, with most equities taking a beating as geopolitical and macro-related concerns spurred panic among investors. Consumer discretionary stocks, in particular, faced the brunt of this sell-off, registering massive losses as fears of an economic slowdown rattled the sector. However, as the week progressed, the market began to recover, creating a unique opportunity for investors willing to buy into the fear.This article will focus on the consumer discretionary sector, as many ...
THE RITZ-CARLTON NAPLES, TIBURÓN ANNOUNCES THE GRAND OPENING OF THE MOURATOGLOU TENNIS CENTER
Prnewswire· 2024-08-13 16:25
NAPLES, Fla., Aug. 13, 2024 /PRNewswire/ -- The Ritz-Carlton Naples, Tiburón proudly debuts The Mouratoglou Tennis Center Naples Tiburón, marking world renowned coach Patrick Mouratoglou's first dedicated teaching facility in Florida. This exciting partnership introduces a premiere academy in Southwest Florida, offering world-class coaching and an unparalleled tennis experience for resort guests and members. Hailing from Nice, France, Mouratoglou's esteemed tennis program is best known for producing world-r ...
MARRIOTT INTERNATIONAL SIGNS AGREEMENT WITH ZHONG AN COMMERCIAL GROUP TO BRING W HOTELS TO HANGZHOU
Prnewswire· 2024-08-02 02:00
SHANGHAI, Aug. 1, 2024 /PRNewswire/ -- Marriott International, Inc. recently announced that it has signed an agreement with Zhong An Commercial Group, part of China New City Group, to bring the W Hotels brand to Hangzhou. Anticipated to open in 2031, W Hangzhou will be located at the northwest intersection of Minhe Road and Liyi Road in Qianjiang Century City, Hangzhou's developing new CBD. With its bold, detail-driven design, elevated service, and engaging always-on programming, the hotel is poised to beco ...
These Analysts Cut Their Forecasts On Marriott After Q2 Results
Benzinga· 2024-08-01 18:01
Marriott International, Inc MAR reported weaker-than-expected revenue for its second quarter on Wednesday.The company reported second-quarter adjusted earnings per share of $2.50, beating the street view of $2.47. Quarterly sales of $6.439 billion missed the analyst consensus of $6.483 billion.International RevPAR rose over 7%, driven by a notable 13% increase in Asia Pacific (excluding China) compared to the previous year.Anthony Capuano, President and Chief Executive Officer, said, "Marriott reported stro ...