|Bid||123.59 x 3100|
|Ask||135.00 x 1200|
|Day's Range||130.41 - 133.36|
|52 Week Range||107.43 - 149.21|
|PE Ratio (TTM)||31.62|
|Earnings Date||Nov 5, 2018 - Nov 9, 2018|
|Forward Dividend & Yield||1.64 (1.26%)|
|1y Target Est||145.95|
Marriott hotels in Chicago have a deal with workers, but a walk-out goes on at 19 hotels in Chicago, where workers are seeking year-round medical coverage.
While Marriott's (MAR) profitability initiatives continue to drive earnings, Hyatt (H) faces lower debt amid an industry that is projected to record growth in 2018.
Marriott, ranked No. 19 overall, led its hospitality-and-leisure sector peers on customer satisfaction. In that category, which measures things such as customer loyalty and how well customer expectations are met, Marriott scored in the top 8% of all companies analyzed.
ORLANDO, Fla. , Sept. 20, 2018 /PRNewswire/ -- The Ritz-Carlton Orlando, Grande Lakes has re-launched its popular Afternoon Tea for the fall season. Beginning September 15 , the popular Afternoon Tea will ...
TORONTO , Sept. 20, 2018 /CNW/ - In an effort to support youth employment and growth in the future hospitality talent pool in Canada , Marriott International is proud to announce a new and exclusive collaboration with The Prince's Trust Canada to develop a hospitality-focused curriculum and internship program. The Get Into Hospitality program will initially begin, as a pilot, at four Marriott International hotels in the Greater Toronto Area : the Sheraton Gateway Hotel, the Toronto Airport Marriott Hotel, the Delta Toronto, and the Marriott Downtown Toronto Eaton Centre.
BETHESDA, Md., Sept. 20, 2018 /PRNewswire/ -- Marriott International celebrates its recently unified loyalty programs - Marriott Rewards, The Ritz-Carlton Rewards and Starwood Preferred Guest (SPG), with a new points promotion that will allow members to earn bonus points across 6,700 hotels at all 29 participating brands for the very first time. "MegaBonus in More Places" offers members the broadest opportunity to earn bonus points ever. Plus, members are invited to play a limited time game, "29 Ways to Stay," for chances to win prizes such as bonus points and nights.
The millennial-focused hotel brand was originally confined to Europe, but Marriott is rolling it out in the U.S.
The Renaissance Orlando at SeaWorld, a 781-room hotel off Sea Harbor Drive owned by Marriott (Nasdaq: MAR), will open a new 30,000-square-foot expansion to its meeting space in 2019. The expansion will bump up the hotel’s meeting space inventory from 185,000 square feet to more than 215,000 square feet when it debuts in January. "The Renaissance Orlando at SeaWorld has a long-standing reputation for meetings and service excellence,” said Bob Walsh, general manager of the property, in a prepared statement. "As Orlando continues to grow in popularity for groups and meetings continue to evolve, we are excited to be able to offer greater flexibility to our customers while accommodating larger groups more than ever before.
Marriott (MAR)'s dominance of the global hospitality industry is showing little sign of slowing. The company's refreshed strategy, which includes a large pipeline of rooms and an upgraded loyalty program, could catalyze its financial performance. A move into the lucrative cruise sector and a deal with Chinese ecommerce company Alibaba (BABA) could provide it with a competitive advantage over peers.
An executive with White Lodging — a dominant developer in the Austin hospitality scene — talks about the company's plan for a new dual-branded hotel coming near the University of Texas next year. Half will be dedicated to White Lodging’s first boutique hotel in Austin under Marriott’s Autograph Collection; the other half will be AC Hotel by Marriott.
Construction is imminent on a luxury hotel in Nashville's Gulch, now that full financing is in place. A group of high-powered real estate investors has corralled all the money necessary to build a 14-story W Hotel, with 346 rooms. Newly filed public records show that Goldman Sachs (NYSE: GS) loaned $114 million for construction.
WAIKIKI BEACH, Hawaii, Sept. 14, 2018 /PRNewswire/ -- From the moment the doors of the 'Ewa Tower first opened in Summer 2016 in vibrant, world-renowned Waikiki Beach, The Ritz-Carlton Residences, Waikiki Beach ushered in a new era of luxury travel attracting jetsetters from around the world. Waikiki's newest luxury resort is now set to debut its Diamond Head Tower on October 15, marking the completion of Oahu's first Ritz-Carlton Residences.
A Residence Inn by Marriott in Arden-Arcade has a new owner, and the possibility of changes in the long run.
About 2,300 employees will hit the picket lines at any point if a collective bargaining agreement is not reached.
The Marriott Phoenix Mesa in downtown Mesa is set to reopen under a new brand after a full-scale, multimillion-dollar renovation. The Mesa hotel, located at 200 N. Centennial Way, is expected to open Oct. 3. It has been rebranded and will be known going forward as Delta Hotels Phoenix Mesa.
Members of the Unite Here Local 5 hotel workers union from six Marriott properties in Honolulu and Maui voted to authorize a strike with a 95 percent yes vote. Of the 3,500 total Marriott workers, 2,102 voted on Monday with about 1,996 opting to authorize a strike, which the union says could be called at any time. The decision comes after months of negotiations between the union and Marriott.
BETHESDA, Md., Sept. 11, 2018 /PRNewswire/ -- The Luxury Collection®, part of Marriott International, Inc., today announced that Hotel Talisa, a top luxury ski resort in Vail, Colorado, has joined the brand's glittering ensemble of world-renowned hotels and resorts deeply rooted in their destinations. Introducing Vail's only true ski-in/ski-out luxury resort, Hotel Talisa is the newest addition to The Luxury Collection's portfolio of diverse hotels in North America, ranging from the picturesque Las Alcobas in Napa Valley to the Perry Lane Hotel, a charming escape in Savannah.
Chicago hotels are grappling with a worker strike as one of the city's biggest conventions gets started.
Choice Hotels was the right pick given its "solid" revenue per available room growth profile, potential for net room count acceleration and a favorable macroeconomic landscape, Stump said. Stump had a similar take on Hilton Hotels Corporation (NYSE: HLT) and said its attractive fundamentals could get even better.
BETHESDA, Md. , Sept. 10, 2018 /PRNewswire/ -- Leeny Oberg , executive vice president and chief financial officer at Marriott International, Inc. (NASDAQ: MAR), will speak at the 2018 Bank of America Merrill ...
The hospitality workers' union is focusing on the world's largest hotel chain as part of a strategy it hopes will influence other brands.
The hotels affected are some of the city’s largest convention properties, including the Hyatt Regency Chicago, the J.W. Marriott, Sheraton Grand and Hilton Chicago.
Major hotel chains including Marriott International Inc and Hilton Worldwide Holdings Inc said on Thursday they are arming U.S. employees with panic buttons to fight sexual harassment and crime, an about-face for an industry that has opposed the idea for years. Workers in the hotel industry are frequent targets of sexual harassment as they are often alone with guests in their rooms. Unions and other advocates have increased pressure on hotels to provide the devices over the last year in the wake of the #MeToo social media movement and the Oct. 1 Las Vegas shooting, where the gunman opened fire from his hotel window.