|Bid||137.77 x 900|
|Ask||137.72 x 800|
|Day's Range||137.63 - 140.23|
|52 Week Range||100.62 - 144.24|
|Beta (3Y Monthly)||1.25|
|PE Ratio (TTM)||25.88|
|Earnings Date||Aug 5, 2019 - Aug 9, 2019|
|Forward Dividend & Yield||1.71 (1.22%)|
|1y Target Est||141.24|
Yahoo Finance’s Brian Sozzi sits down with the CEO of Marriott, Arne M. Sorenson. They discuss the future of Marriott, the recent "drip pricing" allegations, the 3-year anniversary of the Marriott and Starwood merger, competition from Airbnb and business in China in light of the ongoing trade war.
Yahoo Finance's Brian Sozzi sits down with Marriott CEO Arne Sorenson to discuss how the hotel giant plans to compete with online rental services such as Airbnb.
Marriott is facing resort fee backlash for allegedly hiding its fees, and Marriott CEO Arne Sorenson is coming to the company's defense, saying "disclosures have been right". Yahoo Finance's Zack Guzman and Brian Cheung are joined by Alex Lieberman, Morning Brew CEO, to discuss.
One of Silicon Valley's most prominent and active real estate developers says he's in talks to buy a site in downtown San Jose where a glassy new 19-story hotel tower has been proposed.
Pomerantz LLP is investigating claims on behalf of investors of Marriott International, Inc. (“Marriott” or the “Company”) (MAR). Such investors are advised to contact Robert S. Willoughby at email@example.com or 888-476-6529, ext. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct.
Combined with the Marriott Water Street, the new JW Marriott makes Tampa much more competitive for large-scale conventions.
Marriott CEO Arne Sorenson talks with Yahoo Finance about life after the hotel giant's major hacking incident.
Marriott International Inc. CEO Arne Sorenson is promising to fight the lawsuit from D.C. Attorney General Karl Racine alleging the Bethesda hotel giant is using deceptive pricing tactics with its resort fees at some of its hotels around the world. “We’ve been talking to the attorneys general for many states for a number of years,” Sorenson said in a video with LinkedIn Editor-in-Chief David Roth published over the weekend. “D.C. withdrew, at sort of the last minute, and decided to make a bigger test case out of it.
Marriott International Inc NASDAQ/NGS:MARView full report here! Summary * Perception of the company's creditworthiness is positive * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is low for MAR with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold MAR had net inflows of $8.31 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. MAR credit default swap spreads are near the lowest level of the last three years and indicate the market's continued positive perception of the company's credit worthiness.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
First Horizon National Corp. recruited Patrick Kelly from a Fortune 500 financial services firm and Jeffrey Pollard from a hospitality giant.
BETHESDA, Md., July 15, 2019 /PRNewswire/ -- Marriott International, Inc. [NASDAQ: MAR] today announced its continued brand transformation efforts of its most global brand, Sheraton Hotels, as it reveals Portland Sheraton at Sable Oaks as the first property in the world to display the new Sheraton logo for the first time in more than 40 years. The legacy South Portland, Maine property, formerly the Portland Marriott at Sable Oaks, will now become a part of the Sheraton brand portfolio as the newly rebranded Portland Sheraton at Sable Oaks.
With an award-winning culture of promoting employee wellbeing, Marriott invites guests, job seekers and the general public to join its annual challenge and live well for 90-days. BETHESDA, Md., July 15, 2019 /PRNewswire/ -- Marriott International announced today the launch of TakeCare Level30, a custom app-based wellbeing challenge available for guests and associates around the world. "We established TakeCare as a wellbeing initiative many years ago to give associates easy, efficient ways to improve their health and happiness," said Dr. David Rodriguez, Executive Vice President and Global Chief Human Resources Officer at Marriott International.
McLean-based Hilton Worldwide Holdings Inc. (NYSE: HLT) is making a big push into the luxury hospitality market, with plans to open 11 new high-end properties this year as it plays catch-up against other hotel giants, according to The Wall Street Journal. Hilton has 65 existing luxury properties on its roster and it will open the new properties this year under its Waldorf Astoria, Conrad Hotels and LXR luxury brands, according to the report. Its existing luxury roster falls well behind competitors like Bethesda-based Marriott International Inc. (NASDAQ: MAR), which has about 410 luxury properties and nearly 200 in its pipeline, according to the report.
Marriott (MAR) continues to benefit from expansion and sizeable international exposure. Strong brand position also helps it fend off competition.
may be fined a combined £282m for data breaches produced a surge of interest in cyber insurance, cyber security and legal advice this week, as companies rushed to avoid a similar fate. “It’s undoubtedly a statement of intent and will make a lot of corporate UK sit up and take notice,” said Mark Deem, senior partner at the law firm Cooley, about the pair of fine notices from the UK data regulator, the Information Commissioner’s Office (ICO).
MADRID, July 11, 2019 /PRNewswire/ -- Aloft Hotels, Marriott International's hotel brand for music fans and tech-savvy travellers, brings a new beat to Spain this month with the opening of Aloft Madrid Gran Vía. Designed by world-class architecture firm the Rockwell Group, the property's tech-forward, future-proofed design is aimed at the next generation of travelers, juxtaposed against the rich history of Gran Vía. Madrid is a city of contrasts, where modern boulevards open onto ancient Egyptian temples and bustling flea markets border grand palaces and architectural icons dating back to the ninth century.
BETHESDA, Md., July 11, 2019 /PRNewswire/ -- Marriott International, Inc. (MAR) has signed an agreement with GNV Group to bring its iconic W Hotels Worldwide brand to Argentina for the first time in dynamic Buenos Aires, underscoring growing demand from developers and consumers alike for W Hotels' bold design, signature Whatever/Whenever® service and innovative programming. The hotel – expected to open in 2024 – and its planned residences will be located within a $100 million, 34-story, mixed-use tower poised to rise in the heart of the captivating Puerto Madero neighborhood, the ideal location for the brand's passion for what's new/next.
A Starwood data breach may end up costing Marriott International (NASDAQ:MAR) a steep price as the proposed fine for the company exceeds the USD$120 million mark.The breach has reportedly affected up to 339 million customers, which may result in the parent company paying a $124 million fine. It is believed that the breach has affected customers of the Starwood hotels group that date back to 2014, although knowledge of the breach was only made known starting last November.Marriott acquired Starwood back in 2016, and the company said last year that the hotel chain's guest records that tally up to roughly 339 million people had been accessed. Additionally, it is believed that more than 5 million unencrypted passport numbers were part of the information that was accessed.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe UK's Information Commissioner's Office (ICO) recommended the aforementioned sum for the Marriott fine. "We are disappointed with this notice of intent from the ICO, which we will contest," CEO Arne Sorenson said in a statement.The Starwood data breach may prove to be even pricier for the company as there are at least five U.S. states that are investigating the Marriott breach as of March. About 7 million of the customers whose data was accessed are located in the UK, per the ICO.MAR stock is up about 0.9% on Wednesday following the news. More From InvestorPlace * 7 A-Rated Stocks to Buy for the Rest of 2019 * 10 Best Stocks for 2019: A Volatile First Half * 7 Retail Stocks to Buy for the Second Half of 2019 * 7 Retail Stocks to Buy That Are Down in 2019 The post The Proposed Marriott Fine for Starwood Data Breach Is Massive appeared first on InvestorPlace.