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 ...

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 ...

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 ...

Key TakeawaysMarriott International lowered the upper end of its 2024 revenue per available room guidance when it reported second-quarter earnings Wednesday.The hotel chain noted a weaker operating environment in China and telegraphed softer expectations in the U.S. and Canada.Shares fell to their lowest level since January. Marriott International’s (MAR) second-quarter results Wednesday came with disappointing revenue per available room (revPAR) guidance, sending the huge hotel company's shares sharply low ...

Marriott International, Inc. (MAR) reported mixed second-quarter 2024 results, with adjusted earnings beating the Zacks Consensus Estimate and revenues missing the same. The bottom and top lines increased on a year-over-year basis.The quarterly results benefited from a solid increase in global travel demand, reflecting worldwide revenue per available room (RevPAR) growth. International RevPAR gained from solid contributions from Asia Pacific, excluding China, while U.S. & Canada RevPAR benefited from growth ...

Table of Contents 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 June 30, 2024 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 _______________________________ ...

Marriott International (MAR) came out with quarterly earnings of $2.50 per share, beating the Zacks Consensus Estimate of $2.49 per share. This compares to earnings of $2.26 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 0.40%. A quarter ago, it was expected that this hotel company would post earnings of $2.17 per share when it actually produced earnings of $2.13, delivering a surprise of -1.84%.Over the last four quarters, t ...

NEWS Marriott International Reports Second Quarter 2024 Results • Second quarter 2024 comparable systemwide constant dollar RevPAR increased 4.9 percent worldwide, 3.9 percent in the U.S. & Canada, and 7.4 percent in international markets, compared to the 2023 second quarter; • Second quarter reported diluted EPS totaled $2.69, compared to reported diluted EPS of $2.38 in the year-ago quarter. Second quarter adjusted diluted EPS totaled $2.50, compared to second quarter 2023 adjusted diluted EPS of $2.26; • ...

Second quarter 2024 comparable systemwide constant dollar RevPAR increased 4.9 percent worldwide, 3.9 percent in the U.S. & Canada, and 7.4 percent in international markets, compared to the 2023 second quarter;Second quarter reported diluted EPS totaled $2.69, compared to reported diluted EPS of $2.38 in the year-ago quarter. Second quarter adjusted diluted EPS totaled $2.50, compared to second quarter 2023 adjusted diluted EPS of $2.26;Second quarter reported net income totaled $772 million, compared to re ...

New initiative furthers company's commitment to anti-trafficking and survivor empowermentBETHESDA, Md., July 30, 2024 /PRNewswire/ -- At the AHLA Foundation's third annual No Room for Trafficking (NRFT) Summit in connection with World Day Against Trafficking in Persons, Marriott International, Inc. announced the pilot launch of HotelHelp, a rooms donation program for survivors of human trafficking. HotelHelp currently works with Marriott's portfolio of hotels that are willing to donate short-term emergency ...