Marriott International, Inc. (MAR)
Marriott to acquire lifestyle hotel brand citizenM for $355M
Marriott International Inc (NYSE:MAR) said on Monday it has reached a deal to acquire citizenM, a Netherlands-based lifestyle hotel brand, for $355 million, expanding its portfolio in the fast-growing select-service and lifestyle segments. The deal is expected to accelerate Marriott's global expansion and strengthen its offerings for value-conscious and tech-savvy travelers, the company said.
Marriott Buys Lifestyle Brand citizenM, Sees Net Room Growth Boost
Marriott International (MAR) shares advanced Monday as the hotel operator raised its 2025 net rooms growth outlook after purchasing Netherlands-based hotel chain citizenM for $355 million.
These 2 Consumer Discretionary Stocks Could Beat Earnings: Why They Should Be on Your Radar
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These 2 Consumer Discretionary Stocks Could Beat Earnings: Why They Should Be on Your Radar
The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
Marriott Expands Luxury Offerings With JW Marriott in Costa Rica
MAR expands luxury presence with JW Marriott All-Inclusive Resort in Costa Rica. This is set to open by 2026.
Holding On To Marriott Hotels As 2025 Recession Risk Paints Mixed Picture
Marriott International gets its prior hotel rating from 2023 reaffirmed again, agreeing with the Seeking Alpha quant system rating but more cautious than analysts. The company is a leader among global hotel companies, with a diversified brand portfolio, and a rooms growth pipeline that could benefit from positive macro demand forecasts. Although having a strong profit margin in its sector, it is lagging in cashflow growth and also is very indebted with a negative equity.
Marriott Boosts Luxury Brand Reach With The Ritz-Carlton, Suzhou
MAR is set to gain from expanding its luxury brand reach into China with The Ritz-Carlton, Suzhou. Read more about the expansion.
Business Travel Is Recovering, Marriott Says—Just Not at the Start of the Week
Business travel has mostly returned to pre-pandemic levels—except at the beginning of the week, hotel executives said.
Marriott International shares slide on weak guidance
Marriott International Inc (NYSE:MAR) shares slipped more than 5% after the hotel chain's profit guidance disappointed investors. For the full year, the company expects adjusted earnings per share of $9.82 to $10.19, below Street expectations of $10.63 to $10.65.
Marriott Q4 Earnings & Revenues Beat Estimates, RevPAR Rise Y/Y
MAR's fourth-quarter performance benefits from steady global travel demand and strategic portfolio expansion.
Marriott International (MAR) Q4 2024 Earnings Call Transcript
Marriott International Inc. (NASDAQ:MAR ) Q4 2024 Earnings Conference Call February 11, 2025 8:30 AM ET Company Participants Anthony Capuano - President, Chief Executive Officer Leeny Oberg - Chief Financial Officer Jackie McConagha - Senior Vice President, Investor Relations Conference Call Participants Shaun Kelley - Bank of America Patrick Scholes - Truist Securities Conor Cunningham - Melius Research Richard Clarke - Bernstein Robin Farley - UBS Stephen Grambling - Morgan Stanley David Katz - Jefferies Brandt Montour - Barclays Duane Pfenningwerth - Evercore ISI Smedes Rose - Citi Ari Klein - BMO Capital Markets Chad Beynon - Macquarie Lizzie Dove - Goldman Sachs Operator Good day everyone and welcome to the Marriott International Q4 2024 earnings call. At this time, all participants are in a listen-only mode.
Marriott Stock Slips on Soft Outlook for Room Growth, Profit
Marriott International (MAR) shares fell 4% Tuesday as the hotel operator's guidance missed forecasts on slower room growth.
