|Bid||135.02 x 1000|
|Ask||135.41 x 800|
|Day's Range||134.66 - 136.04|
|52 Week Range||100.62 - 142.19|
|Beta (3Y Monthly)||1.14|
|PE Ratio (TTM)||25.18|
|Forward Dividend & Yield||1.64 (1.31%)|
|1y Target Est||N/A|
BETHESDA, Md., April 18, 2019 /PRNewswire/ -- The world's tallest modular hotel – which will carry a brand of Marriott International (MAR) – is on track to be stacked in late fall in New York City with prefabricated and pre-furnished guestrooms. Once erected over a 90-day period, the 360-foot-tall tower will represent a milestone for Marriott's ongoing initiative to encourage hotel developers in North America to embrace modular for new construction projects. To be topped with a modular roof and modular rooftop bar, the world's tallest modular hotel is expected to open in late 2020 as the AC Hotel New York NoMad.
On the heels of Midtown Manhattan's boldest new hotel opening, Moxy NYC Chelsea, Marriott International's experiential Moxy Hotels announced today the launch of A.S.M.R. Bedtime Stories, which will be available exclusively in-room at Moxy Chelsea for one month beginning April 15th. Known as an alternative to guided meditation and a drug-free mental massage, Autonomous Sensory Meridian Response (A.S.M.R.) is a sensory phenomenon where viewers feel pleasurable tingles from specific visual, auditory and haptic triggers.
HONG KONG, April 11, 2019 /PRNewswire/ -- St. Regis Hotels & Resorts today announced the highly anticipated opening of The St. Regis Hong Kong, marking the debut of the iconic luxury brand in the destination. Founded more than century ago by John Jacob Astor IV with the opening of The St. Regis New York, St. Regis has since become a symbol of uncompromising refinement and bespoke service. As the ultra-luxurious global brand expands its portfolio of hotels, The St. Regis Hong Kong brings its legacy of butler service and signature rituals to the city.
BETHESDA, Md., April 10, 2019 /PRNewswire/ -- Marriott International, Inc. (MAR) today celebrated the opening of its 7,000th property – The St. Regis Hong Kong. The stunning, 27-story luxury hotel, which features butler service, and multiple restaurants, is emblematic of Marriott's global expansion strategy which disproportionately focuses on the highest lodging tiers as well as fast-growing international markets such as Hong Kong. The company's first property, the Twin Bridges Marriott, opened in 1957 and was a four-story motor hotel in Arlington, Virginia.
DUBAI, United Arab Emirates, April 8, 2019 /PRNewswire/ -- Marriott International today announced it expects to add 19 new properties and more than 3,000 rooms to its Middle East and Africa portfolio in 2019. Underpinning a strong demand for its diverse brands, the new additions are in line with the company's expansion plans to add more than 100 new properties and nearly 26,000 rooms across the region by the end of 2023. Marriott estimates its development pipeline through 2023 represents up to $8 billion of investment from property owners and is expected to generate over 20,000 new jobs across the region. "Our growth across the Middle East and Africa is fuelled by a strong demand for our diverse range of well-established brands, each offering different attributes that cater to this region's ever changing and evolving marketplace," said Jerome Briet, Chief Development Officer, Middle East & Africa, Marriott International.
NEW YORK, April 4, 2019 /PRNewswire/ -- W Hotels Worldwide, part of Marriott International, Inc., today announced the signing of W Bali – Ubud, the brand's newest W Escape. Developed in partnership with Indonesia's Ruang Teknik Group, W Bali – Ubud is set to bring W's bold design, signature Whatever/Whenever® service and innovative programming to the cultural heart of Bali. Perched on a hilltop, oriented toward the morning sun rising in the east, and southwards over stunning, unobstructed views of the Tanggayuda Valley, W Bali – Ubud will reinvent the dreamy Ubud experience with eclectic, surprising art and design set amongst a versatile vibe that is at once laid back and social.
HONG KONG, April 4, 2019 /PRNewswire/ -- From the 15th Hotel Investment Conference - South Asia, Marriott International (MAR) today announced its continued expansion plans in Asia-Pacific with its 2020 vision – an aggressive target to have 1000 hotels open by the end of 2020. In 2019 alone, the company expects to add close to 100 new hotels or close to 20,000 rooms in the region, with several brand debuts in Australia, Hong Kong, The Philippines, Nepal and India. Marriott International's portfolio in Asia Pacific currently encompasses over 710 properties in 23 countries and territories, operating under 23 of the company's 30 global brands.
HONG KONG, April 4, 2019 /PRNewswire/ -- From the 15th Hotel Investment Conference - South Asia, Marriott International (MAR) today announced its continued expansion plans in Asia-Pacific with its 2020 vision -- an aggressive target to have 1000 hotels open by the end of 2020. In 2019 alone, the company expects to add close to 100 new hotels or close to 20,000 rooms in the region, with several brand debuts in Australia, Hong Kong, The Philippines, Nepal and India. Marriott International's portfolio in Asia Pacific currently encompasses over 710 properties in 23 countries and territories, operating under 23 of the company's 30 global brands.
BETHESDA, Md. , March 20, 2019 /PRNewswire/ -- The Board of Directors of Marriott International, Inc. (NASDAQ: MAR) said today it has appointed Margaret M. McCarthy , Executive Vice President at CVS Health ...
BETHESDA, Md., March 18, 2019 /PRNewswire/ -- Marriott International (MAR) today will present the company's three-year growth plan, which includes opening more than 1,700 hotels around the world, at its meeting with institutional investors and security analysts at the New York Marriott Marquis. Marriott will disclose that its new room openings during this period could contribute $400 million in fee revenue in 2021 and $700 million annually when stabilized. The company's three-year growth plan assumes, but does not forecast, comparable hotel revenue per available room (RevPAR) growth of 1 and 3 percent, compounded annually.
NEW ORLEANS , March 15, 2019 /PRNewswire/ -- Former Attorney General of Louisiana , Charles C. Foti, Jr., Esq. , a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that KSF ...
BETHESDA, Md., March 14, 2019 /PRNewswire/ -- For the upcoming F1 season, beginning March 17, Marriott International is revving up and expanding its marketing partnership with Mercedes-AMG Petronas Motorsport. The big winners will be the members of Marriott's newly renamed travel program Marriott Bonvoy, which replaced Marriott Rewards, The Ritz-Carlton Rewards and Starwood Preferred Guest (SPG). "Our marketing partnership with Mercedes-AMG Petronas Motorsport team will give Marriott Bonvoy members, many of whom are fans of the team, the opportunity to pursue their passion for the sport," said Karin Timpone, Global Marketing Officer, Marriott International.
BETHESDA, Md. , March 12, 2019 /PRNewswire/ -- Marriott International, Inc. (NASDAQ: MAR) announced today it will provide a live webcast of its upcoming Security Analyst Meeting. The webcast will be ...
BETHESDA, Md., March 11, 2019 /PRNewswire/ -- Sheraton Hotels & Resorts, Marriott International's most global brand continues its transformation journey with a nod to its timeless pioneering legacy, as it unveils a new logo that pays homage to its past and depicts its vision for the future. "The logo's evolution reflects the renewed energy and firm commitment we are making to our owners and guests to the resurgence of this iconic brand. More than a logo, this is a symbolic statement of Sheraton's vision for our new guest experience," said Mara Hannula, Vice President, Global Brand Marketing, Classic Premium Brands. The new Sheraton experience will be available to guests later this year in Phoenix.
BETHESDA, Md. , March 8, 2019 /PRNewswire/ -- Marriott International celebrates Marriott Bonvoy, its recently unveiled travel program, which replaced Marriott Rewards, The Ritz-Carlton Rewards and Starwood ...
NEW YORK, March 05, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF continues its investigation into Marriott International, Inc. (MAR). On November 30, 2018, the Company disclosed that its investigation of a September 8, 2018 security alert, led to the conclusion on November 19th that a massive security breach in a guest reservation database had occurred potentially exposing the credit card, passport and other personal data of “up to approximately 500 million guests” over a four year period in what news reports are describing as one of the largest data breaches on record based on scope of time and volume of potential victims.
BETHESDA, Md. , Feb. 28, 2019 /PRNewswire/ -- HIGHLIGHTS Fourth quarter reported diluted EPS totaled $0.92 , compared to $0.31 in the year-ago quarter. Fourth quarter adjusted diluted EPS totaled $1.44 ...
NASHVILLE, Tenn., Feb. 27, 2019 /PRNewswire/ -- Marriott International today announced the opening of its first newly built property that combines three brands under one roof in vibrant Nashville, across from Music City Convention Center. Developed by North Point Hospitality, the 21-story, $140 million property features three Marriott brands – design-forward AC Hotels, extended stay Residence Inn and stylishly spacious SpringHill Suites – offering business and leisure travelers distinct experiences and amenities under one roof.
BETHESDA, Md., Feb. 26, 2019 /PRNewswire/ -- Marriott International, Inc. today announced it is projecting to open more than 30 luxury properties in 2019, furthering the company's global perspective on luxury travel with its ensemble of eight distinct luxury brands. Through the world-renowned hospitality hallmarks of The Ritz-Carlton, Ritz-Carlton Reserve, St. Regis, W, The Luxury Collection, EDITION, JW Marriott and Bulgari, Marriott International continues to push boundaries, creating new guest experiences which meet the needs of the evolving luxury traveler.
LONDON, Feb. 20, 2019 /PRNewswire/ -- Marriott International (MAR) and Manchester United (MANU) today announced a multi-year marketing partnership, giving the 120 million members of the Marriott Bonvoy travel programme exclusive opportunities for once-in-a-lifetime Manchester United football experiences - including the chance to become the club's Stadium Announcer or Kit Manager for the day. The new partnership launches today with a film that features familiar faces from the Manchester United first team and team management, bringing these magical moments to life.
BETHESDA, Md., Feb. 15, 2019 /PRNewswire/ -- Marriott International is gearing up for game day in its third year as the Official Hotel Partner across all 90 NCAA® championships. The is a multi-year partnership with Marriott International, NCAA, Turner Sports and CBS Sports. As Spring signals the start of March Madness®, fans will prepare to travel to this year's Men's Final Four® championship in Minneapolis from April 6-8 and the Women's Final Four® championship in Tampa from April 5-7.
BETHESDA, Md. , Feb. 15, 2019 /PRNewswire/ -- Marriott International, Inc. (NASDAQ: MAR) today announced that its board of directors declared a quarterly cash dividend of 41 cents per share of common stock. ...
NEW YORK, Feb. 14, 2019 /PRNewswire/ -- Rising 35 stories high into the New York City skyline, Moxy NYC Chelsea, the micro-room, macro-amenity hotel, developed by Lightstone and part of Marriott International's experiential Moxy Hotels brand, officially opens its doors today. Creating an environment that appeals to both today's modern traveler and locals, Moxy Chelsea was developed with a collection of public spaces designed to meet the community's dining, drinking, and co-working needs—while providing guests access to New York City at a neighborhood level. The 349-room hotel marks the second collaboration between Yabu Pushelberg, Rockwell Group, and architects Stonehill Taylor, the designers behind Moxy Times Square and three of the industry's most admired firms.
BETHESDA, Md. , Feb. 5, 2019 /PRNewswire/ -- Marriott International, Inc. (NASDAQ: MAR) will report fourth quarter 2018 earnings results on Thursday, February 28, 2019 , at approximately 5:00 pm Eastern ...