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Donna Rae Garff Marriott, Cherished Wife, Mother, Grandmother, and Community Leader, Passes Away at Age 90
Prnewswire· 2025-12-31 13:10
Core Viewpoint - Marriott International announced the passing of Donna Rae Garff Marriott, highlighting her legacy of grace, faith, and devotion to family, and her impact on the lives of many [1][4]. Group 1: Personal Life and Legacy - Donna Marriott was born on June 10, 1935, in Evanston, Illinois, and grew up in Salt Lake City, Utah, where she developed a passion for music and dance [1]. - She married Bill Marriott in 1955, and they celebrated their 70th wedding anniversary shortly before her passing [1]. - Donna was dedicated to her family, raising four children and instilling values of kindness, patience, and integrity [2]. Group 2: Community and Faith Involvement - Faith was a cornerstone of Donna's life, as she was a dedicated member of the Church of Jesus Christ of Latter-day Saints, serving in various leadership roles [3]. - She chaired the American Heart Association's Heart Luncheon in Washington, D.C., contributing to one of the organization's largest fundraisers [3]. Group 3: Family and Survivors - Donna is survived by her husband Bill, four children, 15 grandchildren, and 36 great-grandchildren, along with extended family members [4]. - She was preceded in death by her son Stephen and other family members [4]. Group 4: Company Information - Marriott International, Inc. is based in Bethesda, Maryland, and operates over 9,700 properties across more than 30 brands in 143 countries and territories as of September 30, 2025 [5]. - The company offers a travel platform called Marriott Bonvoy, which is highly awarded [5].
MAR, H, HLT: Which Hotel Stock Offers the Best Setup for 2026?
ZACKS· 2025-12-29 14:55
Key Takeaways MAR is likely to leverage global scale, premium brands and pipeline for steady RevPAR and fee growth in 2026.HLT's asset-light model, conversion-led unit growth and rising group bookings support earnings and cash flow.H's luxury-heavy mix sees uneven U.S. demand, China softness and is sensitive to macro and travel disruptions.The U.S. hotel industry is entering a more normalized demand environment in 2026 as travel activity stabilizes following several volatile years. Stable occupancy trends, ...
Marriott International Celebrates 100 Signings for City Express by Marriott in the U.S. and Canada
Prnewswire· 2025-12-17 14:00
Growth milestone reflects accelerating global demand for midscale hotels as the company expands City Express by Marriott across key markets in the region. BETHESDA, Md., Dec. 17, 2025 /PRNewswire/ -- Marriott International, Inc. today announced it has reached 100 signed agreements for City Express by Marriott properties in the U.S. and Canada. With six properties that have opened so far in 2025, and four more slated to open by the end of the year, this achievement underscores the demand that is fueling the ...
How Is Marriott International’s Stock Performance Compared to Other Hotel Stocks?
Yahoo Finance· 2025-12-01 06:37
Core Insights - Marriott International, Inc. has a market cap of approximately $81.8 billion and operates over 9,400 properties across 144 countries, making it one of the largest hospitality companies globally [1] - The company's loyalty program, Marriott Bonvoy, is a significant strength that enhances customer loyalty and drives repeat stays [2] Financial Performance - In Q3, Marriott reported total revenue of $6.5 billion, reflecting a year-over-year increase of 3.7%, slightly exceeding analyst expectations [5] - Adjusted EPS for the quarter was $2.47, a 9.3% increase from the previous year, surpassing consensus estimates of $2.41 [5] - Global RevPAR increased by 0.5%, with International RevPAR rising by 2.6%, while U.S. & Canada RevPAR saw a decline of 0.4% due to softer demand in lower-tier hotel segments [5] Stock Performance - Marriott's shares have increased by 12.8% over the past three months, reaching around its 52-week high of $307.52 [3] - Year-to-date, MAR stock is up 9.3%, outperforming the AdvisorShares Hotel ETF (BEDZ), which has seen a marginal decline [4] - Over the past 52 weeks, MAR shares have gained 6.7%, while BEDZ has dropped by 2.1% [4] Competitive Landscape - Despite Marriott's strong performance, Hilton Worldwide Holdings Inc. has outperformed MAR stock, with Hilton shares climbing 13.8% over the past 52 weeks and 15.3% year-to-date [6]
AEG and Marriott Bonvoy Renew Global Partnership, Expanding More Than Decade-long Alliance Across Music, Sports, Live-Entertainment and Ticketing
Businesswire· 2025-11-24 17:00
Core Insights - AEG and Marriott Bonvoy have renewed their global partnership, enhancing their collaboration that began in 2013, now spanning multiple markets and reaching millions of fans across three continents [1][2][4] Partnership Details - The renewed agreement focuses on music and aims to create a more connected fan journey through new touchpoints across AEG's ticketing arm, AXS [1][6] - Marriott Bonvoy will continue as the exclusive hotel and hotel-loyalty partner for flagship AEG venues, including Crypto.com Arena in Los Angeles and Mercedes Benz Arena in Shanghai, as well as The O2 in London and Uber Arena in Berlin [2][3] Festival Involvement - Marriott Bonvoy has been established as the exclusive hotel and hotel-loyalty partner for four major AEG Presents music festivals, including Coachella and Stagecoach, providing unique experiences for members [2][3] Digital Integration - The partnership will enhance Marriott's venue-affiliated digital assets in the U.S. and internationally, connecting event browsing with travel planning for members [3][5] Fan Experience Enhancement - The collaboration aims to remove friction in the fan journey, focusing on travel booking, event experiences, and post-event memories, thereby adding genuine value [6]
Marriott International Chief Financial Officer and Executive Vice President, Development to Speak at the Barclays 2025 Eat, Sleep, Play, Shop Conference December 4; Remarks to be Webcast
Prnewswire· 2025-11-21 21:15
Core Points - Marriott International's CFO, Leeny Oberg, will present at the Barclays 2025 Eat, Sleep, Play, Shop Conference on December 4, 2025, at 8:15 a.m. Eastern Time [1] - The conference will be webcast live, and the recording will be available until December 30, 2025 [2] - As of September 30, 2025, Marriott operates over 9,700 properties across more than 30 brands in 143 countries and territories [3] Company Overview - Marriott International is headquartered in Bethesda, Maryland, and offers a diverse portfolio that includes hotels, residential properties, timeshares, and other lodging options [3] - The company operates the Marriott Bonvoy travel platform, which is highly awarded [3] - Investors and media are encouraged to follow updates on Marriott's investor relations and news center websites [4]
Marriott International Named One of the Top 2025 World's Best Workplaces by Fortune and Great Place To Work
Prnewswire· 2025-11-13 12:40
Core Insights - Marriott International has been recognized as one of the top five World's Best Workplaces by Great Place To Work® and Fortune magazine, highlighting its commitment to a people-first culture and excellence [1][2] Company Commitment and Culture - The recognition reflects Marriott's dedication to its core values and culture, emphasizing a people-first approach that has been a guiding principle for nearly a century [2] - Marriott's people brand, "Be," empowers associates to start their career journey, belong to a global team, and develop personally and professionally [2] - Innovative programs like Elevate enhance career growth and retention, with participants being twice as likely to experience job changes within the organization and over five times more likely to be promoted compared to non-participants [2] Employee Experience - Over 9 million employees were surveyed, with those at recognized companies reporting higher levels of trust and opportunities for personal and professional growth [3][6] - The World's Best Workplaces list highlights organizations where employees feel trusted, empowered, and motivated to perform at their best [3] Company Overview - As of September 30, 2025, Marriott International operates over 9,700 properties across more than 30 brands in 143 countries and territories [5] - The company offers the Marriott Bonvoy travel platform, which is highly awarded [5]
Marriott Strengthens Market Position With Strong EMEA Expansion
ZACKS· 2025-11-12 18:31
Core Insights - Marriott International, Inc. (MAR) is experiencing strong growth momentum and expanding its portfolio of branded residential projects across Europe, the Middle East, and Africa (EMEA) [2][3] Expansion and Development - Marriott is rapidly expanding in the EMEA region, currently operating in 18 countries and territories, with 33 branded residential projects open and over 50 more planned [3][10] - The company's portfolio has increased by 23% in Europe and 59% in the Middle East and Africa since late 2023, indicating strong demand for luxury branded homes [3] - In 2025, Marriott secured nearly 20 branded residential agreements in the EMEA region, with significant projects like The Residences at the Dubai Beach EDITION [5][10] Financial Performance - As of the end of Q3 2025, Marriott's global portfolio of rooms increased by 4.7% year over year, reaching over 1.75 million rooms across more than 9,700 properties [7] - The development pipeline reached a record high of over 596,000 rooms, with more than 250,000 currently under construction [7] - Global RevPAR increased by 0.5% year over year, with EMEA leading at a growth of 2.5% driven by higher average daily rates and improved occupancy levels [8][10] Market Position - Shares of MAR gained 4.7% year-to-date, outperforming the Zacks Hotels and Motels industry's 7.8% decline, supported by strong leisure demand and solid global booking trends [11] - The integration of digital capabilities with exceptional hospitality service allows Marriott to command premium room rates in a competitive lodging industry [6]
Marriott International Accelerates Branded Residential Growth in Europe, Middle East & Africa
Prnewswire· 2025-11-11 11:00
Core Insights - Marriott International is experiencing significant growth in its branded residential portfolio across the EMEA region, with record-setting residential signings and a strong development pipeline [1][2][3] EMEA Portfolio Expansion - The EMEA branded residential portfolio now spans 18 countries and territories, with 33 open locations and over 50 in the pipeline, reflecting a 23% growth in Europe and a 59% growth in the Middle East & Africa since year-end 2023 [1][3] - Year-to-date 2025, Marriott has signed nearly 20 branded residence agreements in EMEA, with approximately two-thirds in the luxury segment [3][4] Sales Performance - Developers of Marriott Branded Residences have seen strong sales velocity, with 19 projects launching sales this year, including notable successes such as The St. Regis Residences in Abu Dhabi, which sold 60% of units at record prices before public launch [4][5] - The Affini, a Tribute Portfolio Residence in Dubai, sold out within one week of its launch, showcasing the high demand for branded residences [4] Notable Projects - Recent signed agreements and sales launches include: - Marriott Residences, Budapest: Hungary's first branded residence [5] - The Residences at The St. Regis Baku: A showcase of standout architecture [5] - The Ritz-Carlton Residences, Al Maryah Island, Abu Dhabi: Developed in collaboration with SAAS Properties [5] - The Residences at The St. Regis Karya Cove Resort, Bodrum: Marks Marriott's 100th property in Turkey [5] - JW Marriott Residences at Dubai Islands: The city's first JW Marriott Residence [5] Future Outlook - By the end of 2025, the company anticipates a total of six branded residence openings in EMEA, continuing to leverage strong brand recognition and integrated ownership recognition platforms [6]
Marriott International Provides Financial Outlook Update Following Termination of Agreement with Sonder
Prnewswire· 2025-11-09 15:03
Core Points - Marriott International, Inc. announced the termination of its licensing agreement with Sonder Holdings Inc. due to Sonder's default [1] - Following the removal of Sonder rooms, Marriott's net rooms growth for 2025 is now projected to be approximately 4.5 percent [1] - There are no changes to other outlook metrics previously provided by Marriott on November 4, 2025 [1] Company Overview - Marriott International, Inc. is based in Bethesda, Maryland, and operates a portfolio of over 9,700 properties across more than 30 brands in 143 countries and territories as of September 30, 2025 [2] - The company engages in the operation, franchising, and licensing of hotels, residential, timeshare, and other lodging properties globally [2] - Marriott offers the Marriott Bonvoy travel platform, which has received multiple awards [2]