MAR - Marriott International, Inc.
| Previous Close | 128.19 |
| Open | 127.26 |
| Bid | 0.00 x 800 |
| Ask | 0.00 x 900 |
| Day's Range | 124.67 - 127.90 |
| 52 Week Range | 100.62 - 144.24 |
| Volume | 1,736,121 |
| Avg. Volume | 1,620,387 |
| Market Cap | 41.203B |
| Beta (3Y Monthly) | 1.21 |
| PE Ratio (TTM) | 30.18 |
| EPS (TTM) | 4.14 |
| Earnings Date | Nov 4, 2019 - Nov 8, 2019 |
| Forward Dividend & Yield | 1.78 (1.39%) |
| Ex-Dividend Date | 2019-08-21 |
| 1y Target Est | 140.35 |
- American City Business Journals
Downtown Sheraton launches 'transformational' $80M renovation under new owners (Photos)
The aim of the high-dollar makeover is to transform the Sheraton, now situated on the quieter end of Denver’s tourist-attracting mall, into a place where all visitors to downtown want to stop.
- American City Business Journals
Downtown Courtyard buyer looking into other Triad opportunities
The buyer of the Courtyard by Marriott (NASDAQ: MAR) under construction in downtown Winston-Salem was familiar with the project. In fact, Hotel Equities, which is in a partnership with Virtua Partners – a global, private equity firm specializing in commercial real estate – was going to manage the 126-room Courtyard prior to purchasing it last week. The hotel is located at 640 W. Fourth St., between Foothills Brewery and a 750-space, public parking deck.
- American City Business Journals
New possible Element flag hotel in the works near Disney
The new project is proposed by Greenville, South Carolina-based Auro Hotels, created from executives of the former JHM Hotels entity.
- American City Business Journals
Downtown Triad hotel sold as opening approaches
A prominent Triad developer has sold a new downtown hotel before it's opened. Commercial Realty Advisors of Winston-Salem, headed by John Reece II, and Clarendon Properties of Wilmington, sold the Courtyard by Marriott (NASDAQ: MAR) at 640 W. Fourth St., Winston-Salem for $8.48 million. The buyer was Virtua Partners, an Arizona-based, private-equity real-estate firm.
- Skift
5 Luxury Takeaways From the Latest Hotel Earnings Season
The big hotel companies love brands. They love buying them, and they love creating them. It enables them to grow market share by cornering new parts of the market that their existing brands supposedly don't cover, and the luxury segment remains an important battleground. In their own way, each of the leading hotel companies that […]The post 5 Luxury Takeaways From the Latest Hotel Earnings Season appeared first on Skift.
- American City Business Journals
Nashville tech firm lands $50 million investment from big-name hotels
Some of the world's largest hotel brands are betting big on an Nashville tech startup founded by former Gaylord Entertainment executives. Groups360 has closed on a $50 million investment by hospitality companies Accor, Hilton, InterContinental Hotels Group and Marriott International, the company announced Monday As a result of the deal, each investor will receive a seat on Groups360’s board of directors, according to a news release. Groups360, which helps large groups find and book hotel rooms and event space, lists more than 170,000 hotels in 225 countries on its platform.
- Moody's
Ashford Hospitality Trust 2018-KEYS -- Moody's affirms seven CMBS classes of AHT 2018-KEYS
The ratings on the P&I classes were affirmed because the transaction's key metrics, including Moody's loan-to-value (LTV) ratio and Moody's stressed debt service coverage ratio (DSCR), are within acceptable ranges. The rating on the IO class was affirmed based on the credit quality of the referenced classes.
- Skift
Marriott, IHG, Accor and Hilton Invest in Meetings Booking Platform
The event technology landscape has seen major consolidation in recent years, led by Cvent as it scales up to retain its position as the industry leader. Global hotel chains, which have long-neglected an embrace of event space booking technology on their own terms, have made a new investment with major ramifications for meeting planners and […]The post Marriott, IHG, Accor and Hilton Invest in Meetings Booking Platform appeared first on Skift.
- Simply Wall St.
Should You Buy Marriott International, Inc. (NASDAQ:MAR) For Its Upcoming Dividend In 3 Days?
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...
- Skift
Marriott to Introduce Dynamic Pricing for Bonvoy Award Bookings
Marriott is set to make significant changes to the way that its Bonvoy loyalty members pay for award nights with points. Starting in September, the program will move to a dynamic model that prices awards across three tiers as a function of demand. In the peak season or when a hotel is otherwise busy, members […]The post Marriott to Introduce Dynamic Pricing for Bonvoy Award Bookings appeared first on Skift.
- Yahoo Finance
Hong Kong protests could have an even bigger impact on markets than US-China trade
As demonstrations in Hong Kong enter their 11th week, a political crisis triggered by opposition to an extradition bill is threatening to become an economic one for Asia’s financial hub.
- Zacks
Hyatt (H) Relies on Unit Expansion to Counter Competition
Hyatt's (H) differentiated brand portfolio, strong expansion plans and acquisition strategies are likely to spur growth in a competitive environment.
- American City Business Journals
Marriott Wardman Park hotel selects new general manager
Marriott now has a fresh face atop the chain of command at each of its largest hotels in Greater Washington.
- American City Business Journals
EDITION Tampa, Water Street’s boutique hotel topped with luxury condos, breaks ground
EDITION Tampa, the boutique hotel topped with luxury condos in Water Street Tampa, has officially broken ground. Strategic Property Partners, the developer of Water Street, said Wednesday that the 27-story EDITION — which includes 172 guest rooms and 37 condos — is under construction across the street from Amalie Arena, at the northwest corner of Channelside Drive and Water Street. It is slated to open in spring 2021. The condos — the first hotel-branded condos in Tampa and the third EDITION branded condos in the U.S. — will be on floors 10 through 27. “The Residences at The Tampa EDITION will be world-class listings that set a new standard for luxury throughout the region, with spectacular views, gracious layouts including extensive private balconies that extend every unit to the view, and a full suite of amenities and services available on site — all within one of the most exciting neighborhoods in Tampa," Bob Glaser, president and CEO of Smith & Associates, said in a statement.
- American City Business Journals
Go inside: Current, Tampa's new luxury boutique hotel, opens soon on Rocky Point (Photos)
The rooftop lounge showcases a panorama of downtown Tampa and downtown St. Pete, air traffic at Tampa International Airport and the Howard Frankland Bridge on Interstate 275.
- American City Business Journals
Hotel companies, lodging REITs feel pinch of ongoing trade war
Several of the region’s hoteliers and hotel property owners are trying to temper investors’ expectations for the remainder of the year.
- Simply Wall St.
Don't Sell Marriott International, Inc. (NASDAQ:MAR) Before You Read This
Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. To keep it practical...
- Skift
Don’t Expect Marriott’s Homesharing Business to Compete With Airbnb Just Yet
Marriott knows two things for certain about its homesharing business launched back in April: The offering is still tiny compared to market rivals, and Marriott Bonvoy, the industry’s largest loyalty offering at 133 million users, will likely be the catalyst for its growth. Yet the hotelier does not have any idea how large the ancillary […]The post Don't Expect Marriott's Homesharing Business to Compete With Airbnb Just Yet appeared first on Skift.
- American City Business Journals
FiDi project drops condos, adds more hotel rooms
The company behind a major Financial District redevelopment is making tweaks in a bid to ride the city's strengthening hospitality wave. The project at 447 Battery St., originally proposed in 2016 to include both condos and hotel rooms, will now be exclusively a 198-room hotel. The shift was prompted by the decision to maintain the original structure on the property — a three-story brick building occupied by Cort Furniture Rentals on the ground floor — and resulted in the loss of eight condominium units initially included in the design.
- PR Newswire
Marriott International Declares Quarterly Cash Dividend
BETHESDA, Md. , Aug. 8, 2019 /PRNewswire/ -- Marriott International, Inc. (NASDAQ: MAR) today announced that its board of directors declared a quarterly cash dividend of 48 cents per share of common stock. ...
Motley FoolHost Hotels & Resorts Inc (HST) Q2 2019 Earnings Call Transcript
HST earnings call for the period ending June 30, 2019.
- American City Business Journals
Ritz-Carlton in Paradise Valley sets opening date
The high-end resort operator said it will open its latest Arizona property in Paradise Valley next year.
- PR Newswire
Aloft Hotels Brings Music Makers Back To Their Roots With The First-Ever "Live At Aloft Hotels Homecoming Tour" Featuring Troye Sivan, BANKS, Dermot Kennedy, NJOMZA And Mala Rodriguez
BETHESDA, Md., Aug. 7, 2019 /PRNewswire/ -- Some of the hottest names in music will be returning to their hometowns for free live music performances for fans as part of the Live at Aloft Hotels Homecoming Tour. Aloft Hotels, Marriott International's brand for music lovers and music makers, and Universal Music Group & Brands (UMGB), the brand partnership division of Universal Music Group, have joined together for a special tour thanking the fans for helping to launch the careers of some of today's most talked-about artists. With its long-standing live music program Live at Aloft Hotels, the Homecoming Tour is Aloft's way of continuing to support the artist community by taking musicians back to the locations that made them who they are today, as well as giving the fans that supported them from the beginning a chance to reconnect with their hometown headliners in an intimate setting.
- Zacks
Extended Stay (STAY) Q2 Earnings Miss, Revenues Top Estimates
Extended Stay's (STAY) second-quarter 2019 earnings decline due to dismal comparable system-wide RevPAR as well as rise in comparable company-owned hotel operating expenses.
- Motley Fool
Marriott International Inc (New) (MAR) Q2 2019 Earnings Call Transcript
MAR earnings call for the period ending August 5, 2019.
