|Bid||0.000 x 0|
|Ask||0.000 x 0|
|Day's Range||39.780 - 40.030|
|52 Week Range||34.340 - 42.920|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.61%|
Marriott’s RevPAR for 2Q17 rose 2.2% YoY in constant dollars across its worldwide properties. Its North America RevPAR rose 0.9% YoY in constant dollars.
According to the International Air Transport Association, airline passenger demand grew 7.8% in June, thanks largely to a stronger global economy and stimulus from lower airfares. As Credit Suisse’s Robert Spingarn and his team write, growth of 7.9% for the first half of the year is the strongest in twelve years, with roughly three-quarters of the acceleration coming from Asia Pacific and Europe. Going forward, he writes that a strong macro environment, along with higher traffic growth, should put to rest cycle fears for the sector.
For 2Q17, Marriott's total fee revenues are expected to increase to $820 million–$835 million.