|Bid||126.00 x 1000|
|Ask||127.03 x 800|
|Day's Range||126.86 - 129.46|
|52 Week Range||100.62 - 144.24|
|Beta (3Y Monthly)||1.27|
|PE Ratio (TTM)||30.63|
|Earnings Date||Nov 4, 2019 - Nov 8, 2019|
|Forward Dividend & Yield||1.78 (1.37%)|
|1y Target Est||140.00|
Marriott's (MAR) brand The Ritz- Carlton fortifies its international presence with the opening of The Ritz-Carlton and The Ritz-Carlton Residences in Montenegro.
The travel-related business executives warned that the U.S.’s share of the international travel market will continue to drop without the marketing effort.
BETHESDA, Md., Sept. 19, 2019 /PRNewswire/ -- Marriott International, Inc., today announced the signing of a milestone agreement with Northstar D.O.O. to bring The Ritz-Carlton brand to Montenegro. Under the plan funded by Al Yasra, The Ritz-Carlton, Montenegro and The Ritz-Carlton Residences, Montenegro are scheduled to bring the brand's unrivalled elegance and legendary service to the country in 2023. "With its striking views of the Adriatic coast, Montenegro has quickly become a favourite Mediterranean destination for global travellers," said Carlton Ervin, Chief Development Officer – Europe, Marriott International.
Marriott International's aggressive portfolio growth strategy is fueled by company ambitions to make its Bonvoy loyalty program as complete as it can be. Speaking at the 2019 Skift Global Forum in New York City Thursday, Marriott Chief Financial Officer Leeny Oberg referred to Bonvoy as the perfect antidote to lure customers into existing and pending […]
A Northridge Capital and Sarpa Development Co-Development brings the Town of Aspen Its First New Downtown Resort in 25 Years WASHINGTON , Sept. 19, 2019 /PRNewswire/ -- Washington DC-based Northridge Capital, ...
Sandals Resorts International, which operates all-inclusive resorts throughout the Caribbean, has restarted an effort to sell itself, according to people familiar with the matter. The Jamaica-based company could fetch as much as $4.5 billion in a sale, said one of the people, who asked not to be identified because the matter was private. Sandals “is […]
BETHESDA, Md., Sept. 18, 2019 /PRNewswire/ -- Marriott International announced today the rebranding and digital expansion of its Healthy Hotel Certification program with the launch of TakeCare Certification, which recognizes organizations of all types for creating an environment that supports holistic wellbeing and growth. TakeCare is Marriott's award-winning approach to promoting employee wellbeing. The certification, which was previously available only to Marriott managed properties, is now available to all external organizations, including schools, volunteer organizations, non-profits, hospitals, offices, teams and communities, to help promote opportunity, community and purpose for all.
Bethesda’s Marriott International Inc. (NASDAQ: MAR) has inked a deal with Expedia Group Inc. (NASDAQ: EXPE) to become the exclusive distributor of Marriott’s wholesale rates. As “global optimized distributor,” Expedia Group will become the sole gateway of Marriott’s wholesale rates, availability and content to a massive network of global travel providers, per a release. The “single gateway solution” will “provide a consistent and reliable shopping experience for travelers, ensuring accurate display of hotel descriptions, room rates and fees through known and trusted third party travel providers,” per a release issued jointly by Marriott and Expedia.
BELLEVUE, Wash. and BETHESDA, Md. , Sept. 17, 2019 /PRNewswire/ -- Expedia Group (NASDAQ: EXPE) and Marriott International (NASDAQ: MAR) today announced that as part of a new agreement signed in April ...
AMMAN, Jordan, Sept. 16, 2019 /PRNewswire/ -- St. Regis Hotels & Resorts today announced the opening of The St. Regis Amman, marking the debut of the iconic luxury brand in the Kingdom of Jordan. Extending the legacy of the Astor family from Fifth Avenue in New York to Amman's 5th Circle, The St. Regis Amman seamlessly blends the sophistication and heritage of the original St. Regis hotel in New York with Jordan's rich Bedouin culture.
The UK’s Competition and Markets Authority back in February managed to get a handful of brands owned by Expedia Group and Booking Holdings to change how they displayed information to consumers searching for accommodation online. Essentially it was concerned about hate-selling through techniques such as hidden charges, and ordered them to sort it out. The […]
Pebblebrook Hotel's (PEB) sale of Rouge Hotel is in line with its strategic disposition program that aims to optimize portfolio reduce leverage levels by repayment of outstanding debt.
The sale of downtown Sacramento's Citizen Hotel was $7 million less than what Platinum Equity paid for the property in 2015.
In a case that underscores the challenges of a global hotel chain owning so many brands in a single market, Minor International is suing Marriott International for a “highly disappointing” performance of the JW Marriott Phuket Resort & Spa, which Minor fully owns and Marriott manages. The lawsuit was filed on July 12 and a […]
Amid active transaction market, Host Hotels & Resorts (HST) monetizes six low RevPAR, non-core assets. While this will enhance portfolio quality, it might result in near-term earnings dilution.
The first Tribute Portfolio hotel in Pinellas County is under construction in Feather Sound. The Karol Hotel at 2675 Ulmerton Road is slated to open in the fall. It will have 123 rooms and suites, more than 7,300 square feet of meeting and event space as well as K Club Bar & Bistro to the Vantage Rooftop Bar overlooking Tampa Bay.
By buying an index fund, you can roughly match the market return with ease. But if you choose individual stocks with...
Marriott International has had a very busy 2019. After completing a challenging integration of its Starwood Hotels & Resorts acquisition made three years ago, the hotel chain has launched a new home rental business, (Homes & Villas by Marriott International) to compete with the likes of Airbnb, and committed itself to bringing more all-inclusive hotels […]
An East Memphis office building may soon make way for a new Marriott brand hotel. The owner of 1714 W. Massey Road, located just north of Poplar Avenue, plans to build a five-story hotel and associated structured parking, according to documents filed with the Memphis and Shelby County Office of Planning and Development. The site is bordered on the east and south by International Paper Co.'s headquarters.