Core Points - Marriott International, Inc. will report its fourth quarter 2024 earnings results on February 11, 2025, at approximately 7:00 a.m. Eastern Time [1] - A conference call for the investment community will take place on the same day at 8:30 a.m. Eastern Time, featuring CEO Anthony Capuano and CFO Leeny Oberg discussing the company's performance [1] - The conference call will be accessible via webcast on Marriott's investor relations website, with a replay available for one year [2] - The telephone dial-in number for the conference call is provided, along with a conference ID for participants [3] - A telephone replay of the conference call will be available from February 11, 2025, until February 18, 2025 [4] - Marriott International operates nearly 9,100 properties across more than 30 brands in 142 countries and territories, and offers the Marriott Bonvoy travel program [5]

Core Insights - Marriott International has elected Sean Tresvant, CEO of Taco Bell Corp., as an independent director, effective February 12, 2025 [1][3] - The addition of Tresvant will expand Marriott's board to 13 directors, with 10 being independent [4] Group 1: Sean Tresvant's Background and Contributions - Sean Tresvant has overseen significant transformations at Taco Bell, including expanding its domestic and international presence and enhancing brand awareness through initiatives like Taco Bell's Taco Tuesday [3] - Under Tresvant's leadership, Taco Bell has experienced growth in both in-store and digital sales while strengthening brand loyalty and franchise operations [3] - Tresvant has a strong background in marketing, having spent over 15 years at Nike, where he was the Chief Marketing Officer for the Jordan Brand, and has held positions at Time Inc.'s Sports Illustrated and PepsiCo [3] Group 2: Board Composition and Future Outlook - With Tresvant's election, Marriott's board will consist of 13 members, enhancing its diversity and expertise [4] - The company is focused on innovation and growth, and Tresvant's experience is expected to contribute positively to these goals [3]

Core Insights - Hyatt Hotels Corporation stock has increased nearly 19% since the start of 2024, underperforming compared to the S&P 500's 22% return and Marriott International's 24% increase during the same period [1] Financial Performance - In Q3 2024, Hyatt's total revenues were flat year-over-year at $1.6 billion, with a 0.9% decline in Net Package revenue per available room (RevPAR) for comparable system-wide all-inclusive resorts [1] - The company reported a 3% year-over-year increase in comparable system-wide RevPAR, although this growth rate has decelerated from 4.7% in Q2 2024 and 5.5% in Q1 2024 [1] - Hyatt achieved a net room growth of 4.3% in Q3 2024 and forecasts RevPAR increases of 3.0% to 4.0% and net room growth of 7.75% to 8.25% for FY 2024 [1] - Adjusted EBITDA is expected to be between $1.10 billion and $1.12 billion for FY 2024, up from $1.03 billion in FY 2023 [1] Business Model and Growth Strategy - Hyatt's business model focuses on fee-based revenue, licensing, and services, leveraging its brand through partnerships with third-party owners and franchisees [2] - The company added 16 new hotels and 2,589 rooms in Q3 2024, with its pipeline expanding 10% year-over-year to 135,000 rooms [2] - Hyatt aims for over 80% of its earnings to come from fee-based revenues by 2025, forecasting fee-based revenues of $1.085 billion to $1.11 billion for FY 2024, representing a 13% increase at the midpoint [2] Stock Performance Analysis - Over the last four years, Hyatt's stock performance has been volatile, with returns of 29% in 2021, -6% in 2022, 45% in 2023, and 21% in 2024 [3] - The Trefis High Quality Portfolio has outperformed the S&P 500 with less volatility, indicating a more stable investment option compared to Hyatt's stock [3]

Group 1: Company Overview - Marriott International, Inc. has opened The Ritz-Carlton, Bangkok, enhancing its competitive position in the Southeast Asian hospitality market [1][3] - The new hotel features 260 guestrooms and various amenities, including three dining venues, a ballroom, a spa, and two swimming pools [2] Group 2: Expansion and Development - Marriott is focused on global expansion, aiming to grow its collection of luxury and lifestyle brands [4] - The company's development pipeline reached a record 585,000 rooms in Q3 2024, reflecting a 5% sequential growth [5] - Marriott added 16,000 net rooms in Q3 2024, bringing its global total to over 1.67 million rooms [5] - Conversion activity accounted for over 30% of new room additions and more than 50% of signings [5] - The company has signed an agreement to introduce The Ritz-Carlton to Xiamen Island in Fujian Province [5] Group 3: Market Performance - Shares of Marriott have increased by 20.6% over the past year, outperforming the industry growth of 14.4% [8] - The company is benefiting from strong global travel demand, particularly in international markets and steady performance in the U.S. and Canada [8] - Group revenues for 2025 are pacing 7% higher, indicating positive market demand [9] - Earnings estimates for 2025 have risen in the past 30 days, reflecting analysts' optimism about the stock's growth potential [9]

Core Insights - The Ritz-Carlton, Bangkok has officially opened, marking a significant addition to the luxury hotel landscape in Southeast Asia, offering personalized service and cultural experiences [1][2] - The hotel is part of Marriott International's Luxury Group portfolio and is located in One Bangkok, the largest integrated district in the city, providing a unique blend of Thai tradition and modern design [1][2][3] Hotel Features - The hotel features a 216-meter-high tower with 260 keys, including various room types such as 50-square-meter Deluxe Rooms, 102-square-meter Gardenia Suites, and a 389-square-meter Ritz-Carlton Suite [4] - The Club Lounge on the 23rd floor offers exclusive amenities and five daily culinary presentations, enhancing the guest experience with personalized service [5] Dining Experiences - The hotel boasts three distinct dining venues, including Duet by David Toutain, which serves modern French cuisine, and Lily's, which offers customizable sharing plates [6][7] - Caleō, a luxurious lounge, provides a romantic setting for afternoon teas and cocktails, emphasizing a multi-sensory dining experience [8] Wellness and Recreation - The Ritz-Carlton Spa features five treatment rooms, a couple's spa suite, and two swimming pools, including a dedicated kids' pool, promoting relaxation and well-being [9] - The Ritz Kids Club offers engaging activities for younger guests, ensuring a family-friendly environment [9] Event Spaces - The Ritz-Carlton Grand Ballroom is the largest in the city, accommodating up to 1,200 guests, and features nine flexible function spaces for various events [10] Cultural Integration - The hotel emphasizes cultural experiences through activities like the "Klong Yao" ceremony and creative tours of the One Bangkok Art Loop, connecting guests with local traditions [11] - The design and services reflect Thailand's cultural heritage while providing a modern luxury experience, aiming to create memorable moments for guests [11]

Core Insights - Marriott International, Inc. is expanding its luxury portfolio in China by partnering with Xiamen Green Development Investment Group to introduce The Ritz-Carlton brand to Xiamen Island, highlighting its commitment to high-demand destinations [4][12] - The Ritz-Carlton, Xiamen will be part of a mixed-use development featuring retail spaces and a 340-meter office tower, enhancing its appeal to both corporate and leisure guests [8] - Marriott's shares have increased by 15.5% over the past three months, outperforming the industry growth of 11.5%, driven by strong global travel demand and improved group bookings [9] Company Developments - The new Marriott Executive Apartments in Xiamen will offer 144 fully furnished units for long-term stays, with access to shared facilities and exclusive amenities [1] - The Ritz-Carlton, Xiamen will feature world-class amenities, including a grand ballroom, multiple meeting spaces, and fine dining options, aimed at enhancing guest experiences [15] Market Performance - The company has seen a year-over-year growth of 10% in group RevPAR during the third quarter, attributed to higher room nights and increased average daily rates [9] - Business transient demand has improved, and leisure transient RevPAR has continued to exceed pre-pandemic levels, indicating a robust recovery in the hospitality sector [9]

SHANGHAI, Dec. 23, 2024 /PRNewswire/ -- Marriott International, Inc. today announced the signing of an agreement with Xiamen Green Development Investment Group to introduce The Ritz-Carlton to Xiamen Island in Fujian Province. The Ritz-Carlton, Xiamen will deliver its legendary service and elegant aesthetic to immerse guests in one of China's most coveted destinations.   Rendering of The Ritz-Carlton, Xiamen "We are excited to bring The Ritz-Carlton to Xiamen, offering guests the opportunity to indulge ...

Marriott International, Inc. (MAR) recently announced expansion into the outdoor lodging segment, underscoring its commitment to offering diverse accommodations for nature-immersive travel. The company announced two deals, including the acquisition of the Postcard Cabins brand (previously known as Getaway Outposts) and a long-term agreement with outdoor hospitality brand Trailborn.More on the NewsThe initiatives are part of Marriott's broader strategy to provide travelers and Marriott Bonvoy members with a ...

Founded in 2015, Postcard Cabins was built with a mission to bring the experience of finding free time in nature to more people—offering a chance to slow down, unplug and embrace the great outdoors with ease and comfort. This innovation sparked a movement: guests have spent over 40 million hours immersed in nature at Postcard Cabins' 1,200+ cabins across 29 Outposts. With more than 600 wedding proposals, close to 100,000 dog stays and more than 2.4 million guests and counting, Postcard Cabins represents mor ...

A month has gone by since the last earnings report for Marriott International (MAR) . Shares have added about 9.7% 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 the most recent earnings report in order to get a better handle on the important catalysts. Marriott Q3 Earnings & Revenues Miss Estimat ...