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 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________ FORM 10-Q _________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 1-13881 ____________________________________________ ...

NEWS MARRIOTT INTERNATIONAL REPORTS SECOND QUARTER 2023 RESULTS AND RAISES FULL YEAR OUTLOOK • Second quarter 2023 comparable systemwide constant dollar RevPAR increased 13.5 percent worldwide, 6.0 percent in the U.S. & Canada, and 39.1 percent in international markets, compared to the 2022 second quarter; • Second quarter reported diluted EPS totaled $2.38, compared to reported diluted EPS of $2.06 in the year-ago quarter. Second quarter adjusted diluted EPS totaled $2.26, compared to second quarter 2022 a ...