Marriott International (MAR) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this hotel company have returned +9.3% over the past month versus the Zacks S&P 500 composite's +6.5% change. The Zacks Hotels and Motels industry, to which Marriott belongs, has gained 7.3% over this period. Now the key question is: Where could the stock be headed in the near term?While media releas ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Marriott International (MAR) , which belongs to the Zacks Hotels and Motels industry, could be a great candidate to consider.This hotel company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 1.84%.For the most recent quarte ...

Tomsmith585Certain Consumer Discretionary Names are beginning to trade like technology stocks A tremendous melt-up has begun to take hold among certain consumer discretionary names, lifting companies like Marriott to near parabolic status. There is increasing enthusiasm over the soft landing representing a new paradigm of consumer spending enthusiasm and that the good times will keep on rolling. Marriot's stock price ascent is a combination of the company's strong fundamentals, investor enthusiasm on a ...

Following a yearlong transformation, the property is ushering in a new era through a modern lens DALLAS, Feb. 1, 2024 /PRNewswire/ -- The Ritz-Carlton Dallas, Las Colinas, opened its doors on January 23rd, becoming the newest addition to The Ritz-Carlton's collection of over 110 hotels and resorts worldwide. The property has a 38-year-old legacy in the Dallas area and is undergoing a substantial $55 million renovation following its acquisition in 2022 through a joint venture between Trinity Investments and ...

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Key PointsMarriot International is a leading hospitality company with over 8,800 worldwide properties encompassing 30 brands of hotels and resorts.Marriott saw net rooms grow 4.7% to over 1.597 million in 2023, with a record 573,000 rooms in the pipeline, up 15% YoY.The Marriott Bonvoy loyalty program has grown to 192 million members worldwide, with app downloads growing by 19% YoY in Q3 2024.5 stocks we like better than Marriott InternationalLeading global hospitality giant Marriott International Inc. NASD ...

Marriott International, Inc. (MAR) opened doors of its debut brand, Apartments by Marriott Bonvoy, in December 2023, with the intention of expanding its product portfolio with premium and luxury apartment-style accommodations. The positive approach toward its first property launch, Casa Costera, Isla Verde Beach, in San Juan, Puerto Rico encouraged the announcement of the upcoming property openings under this brand.Marriott is all set to bring Apartments by Marriott Bonvoy in the United States, Italy and th ...

The latest trading session saw Marriott International (MAR) ending at $242.52, denoting a +1.95% adjustment from its last day's close. The stock exceeded the S&P 500, which registered a gain of 0.53% for the day. Meanwhile, the Dow gained 0.64%, and the Nasdaq, a tech-heavy index, added 0.19%.Prior to today's trading, shares of the hotel company had gained 5.98% over the past month. This has outpaced the Consumer Discretionary sector's gain of 0.31% and the S&P 500's gain of 2.48% in that time.The investmen ...

Marriott International, Inc. (MAR) recently announced a strategic collaboration with Delonix Group to boost its presence in mainland China. The initiative aims to expand Marriott's Tribute Portfolio brand and add 100 full-service Delonix hotels to the portfolio.Per the agreement, MAR will franchise the Tribute Portfolio brand with certain Delonix Group hotels (including Grand New Century and other premium brand locations). It emphasized hotel accessibility (via both companies' direct booking channels) and i ...