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 +6.1% over the past month versus the Zacks S&P 500 composite's +2.4% change. The Zacks Hotels and Motels industry, to which Marriott belongs, has gained 4% over this period. Now the key question is: Where could the stock be headed in the near term? While media releas ...

Just one year after announcing its intention to expand presence in premium and luxury apartment-style accommodations, Marriott has opened its first property in Puerto Rico and signed agreements in the United States, Italy, and Saudi ArabiaBETHESDA, Md., Jan. 24, 2024 /PRNewswire/ -- Today, Marriott International, Inc. (Nasdaq: MAR) announced plans to further expand its new Apartments by Marriott Bonvoy™ brand offering, with signed development agreements in the United States, Italy, and the Kingdom of Saudi ...

Marriott International, Inc. (MAR) celebrated a remarkable year in 2023, setting a new record in global signings with a substantial 52% increase in organic rooms compared with 2022.The company reported robust net room growth of 4.7%, reaching over 1.597 million rooms. The development pipeline at the end of 2023 stood at a record 573,000 rooms, marking a 15% year-over-year rise.Throughout 2023, Marriott inked a record number of organic management and franchise agreements, averaging nearly 2.5 deals per day, ...

Collaboration includes opportunity to affiliate over 100 full service Delonix hotels with Marriott's Tribute Portfolio SHANGHAI, Jan. 23, 2024 /PRNewswire/ -- Marriott International and Delonix Group, one of the leading China-based hospitality companies, today announced a long-term cooperation agreement under which the two companies will work together to grow Marriott's Tribute Portfolio brand in mainland China. The Delonix portfolio currently includes ten hotel brands with over 1,400 hotels open or in the ...

Net rooms grew 4.7% to over 1.597 million; company development pipeline ended 2023 at a record 573,000 rooms, an increase of 15 percent from the previous yearBETHESDA, Md., Jan. 22, 2024 /PRNewswire/ -- At the Americas Lodging Investment Summit (ALIS), Marriott International, Inc. (NYSE: MAR) announced the company's record year of global signings with 52 percent more organic rooms signed in 2023 than in 2022, as it continues to expand offerings for owners, franchisees, and guests. The company also announced ...

Marriott International (MAR) ended the recent trading session at $233.67, demonstrating a +0.43% swing from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily gain of 1.23%. Elsewhere, the Dow gained 1.06%, while the tech-heavy Nasdaq added 1.7%.The hotel company's shares have seen an increase of 4.89% over the last month, surpassing the Consumer Discretionary sector's loss of 2.56% and the S&P 500's gain of 0.94%.The upcoming earnings release of Marriott Internationa ...

Ceremony marks milestone for Marriott's new affordable midscale extended stay brand in U.S. and CanadaBETHESDA, Md., Jan. 17, 2024 /PRNewswire/ -- Today, Marriott International, Inc. (NYSE: MAR) celebrated the groundbreaking of its inaugural StudioRes brand hotel, as Concord Hospitality began construction of its first property in Fort Myers, Florida. Announced in June 2023, the StudioRes brand is Marriott's new affordable midscale extended stay brand in the U.S. & Canada. StudioRes Groundbreaking (PRNews ...

BETHESDA, Md., Jan. 17, 2024 /PRNewswire/ -- Marriott International, Inc. (Nasdaq: MAR) will report fourth quarter 2023 earnings results on Tuesday, February 13, 2024, at approximately 7:00 a.m. Eastern Time (ET).  The company will hold a conference call for the investment community on Tuesday, February 13, 2024, at 8:30 a.m. (ET). Marriott International's President and Chief Executive Officer, Anthony Capuano, as well as Chief Financial Officer and Executive Vice President, Development, Leeny Oberg, will d ...

Marriott International (MAR) closed at $227.03 in the latest trading session, marking a +0.11% move from the prior day. The stock's performance was ahead of the S&P 500's daily loss of 0.07%.Shares of the hotel company witnessed a gain of 3.99% over the previous month, beating the performance of the Consumer Discretionary sector with its gain of 1.29% and the S&P 500's gain of 3.98%.Investors will be eagerly watching for the performance of Marriott International in its upcoming earnings disclosure. It is an ...

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 +4%, compared to the Zacks S&P 500 composite's +4% change. During this period, the Zacks Hotels and Motels industry, which Marriott falls in, has gained 6.9%. The key question now is: What could be the stock's future direction?Although medi ...