NUJUMA, A RITZ-CARLTON RESERVE, OFFERS GUESTS A RARE AND IMMERSIVE ESCAPE TO DISCOVER SAUDI ARABIAN CULTURE AND THE UNTAPPED WONDERS OF THE RED SEA   UMMAHAT ISLAND, Saudi Arabia, May 28, 2024 /PRNewswire/ -- Nujuma, a Ritz-Carlton Reserve, the first Ritz-Carlton Reserve in the Middle East was unveiled today on Ummahat Island in the tranquil waters of The Red Sea. The private island retreat is nestled within the captivating Blue Hole cluster of islands, where pristine coral reefs thrive beneath the surface ...

BETHESDA, Md., May 24, 2024 /PRNewswire/ -- Marriott International, Inc.'s (Nasdaq: MAR), Chief Financial Officer and Executive Vice President, Development Leeny Oberg, will speak at the 2024 Morgan Stanley Travel and Leisure Conference, to be held on Tuesday, June 4.  Ms. Oberg's remarks will be at approximately 9:45 a.m., Eastern Time, and will be webcast live. To access the webcast, please go to http://www.marriott.com/investor, and then click on the link to the "Morgan Stanley Travel and Leisure Confere ...

The choice of Florida and The Ritz-Carlton Naples, Tiburon, as the location for the next tennis center is no coincidence, as the luxury resort is the perfect spot for outdoor enthusiasts ready for an active retreat. Located just three miles from the Gulf of Mexico and nestled among the native wetlands and migratory bird preserves of an Audubon Cooperative Sanctuary, the resort offers two legendary championship golf courses, relaxation with on-site spa services, and culinary experiences such as al-fresco din ...

Marriott International (MAR) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this hotel company have returned -1%, compared to the Zacks S&P 500 composite's +5% change. During this period, the Zacks Hotels and Motels industry, which Marriott falls in, has lost 1.7%. The key question now is: What could be the stock's future direction?While media rel ...

The city's waterfront George Washington Avenue, known as El Malecon, borders the Caribbean Sea, a palm-lined boulevard featuring restaurants, bars, monuments, casinos, and steps away from Renaissance Santo Domingo Jaragua Hotel & Casino. Renaissance Santo Domingo Jaragua Hotel & Casino is the only leading lifestyle and resort-like ambiance property in Santo Domingo. Situated in the heart of the oldest city in the New World, the 300 guest rooms and suites oceanfront hotel is a district centerpiece to nearby ...

Marriott International, Inc. (MAR) recently boosted investors’ sentiments with a 21.2% hike in its quarterly cash dividend payments.The board of directors of this worldwide hospitality company approved a quarterly dividend payout of 63 cents per share ($2.52 per share annually), up from the previous dividend payout of 52 cents per share ($2.08 per share annually). The amount will be paid out on Jun 28, 2024, to shareholders of record as of May 24. Based on the closing price of $240.46 per share on May 10, t ...

BETHESDA, Md., May 10, 2024 /PRNewswire/ -- Marriott International, Inc. (Nasdaq: MAR) today announced that its board of directors declared a quarterly cash dividend of 63 cents per share of common stock, which represents a 21 percent increase over the previous quarterly dividend amount of 52 cents per share and reflects the company's earnings growth and strong cash generation. The dividend is payable on June 28, 2024, to shareholders of record as of the close of business on May 24, 2024. Marriott Internati ...

Marriott International saw its revenue per available room (RevPAR) increase 4.2% year-over-year during the first quarter, driven largely by growth in international markets.The hotel chain saw its RevPAR grow 1.5% in the United States and Canada and 11.1% in international markets, according to a Wednesday (May 1) earnings release.“While overall industry RevPAR growth is normalizing post-COVID, we continue to gain RevPAR index across our portfolio and increase our market share of global hotels,” Marriott Pres ...

Marriott International, Inc. (MAR) reported mixed first-quarter 2024 results, with earnings missing the Zacks Consensus Estimate and revenues beating the same. The top and the bottom line increased on a year-over-year basis.During the quarter, the company reported benefits from strong revenue per available room (RevPAR) gains, net rooms growth and an asset-light business model. Also, strong contributions from the group business added to the positives. The company reported strength in The Marriott Bonvoy loy ...

Marriott International, Inc. (NASDAQ:MAR) Q1 2024 Earnings Conference Call May 1, 2024 8:30 AM ET Company Participants Jackie McConagha - Senior Vice President, Investor Relations Tony Capuano - President & Chief Executive Officer Leeny Oberg - Chief Financial Officer & Executive Vice President, Development Conference Call Participants Shaun Kelley - Bank of America Stephen Grambling - Morgan Stanley Joe Greff - JPMorgan Patrick Scholes - Truist Securities Brandt Montour - Barclays Richard Clarke - Bernstei ...