The Marriot International, Inc.'s (MAR) stock is garnering significant attention with the hotel industry outperforming, though mixed Q4 figures and a weak outlook have impacted it. Despite falling short on Q4 revenue and having its stock drop, the company sees robust 2023 unit growth and stock signing growth year over year. Despite warning signs, including a below forecast outlook and its share price dropping, analysts recommend retaining MAR in portfolios due to its projected growth.
While the stock has faced short-term fluctuations, overall, it is up, and the sustained growth is largely due to high demands for tourism and Marriott's strategic expansion plans. Also, Marriott continues to have ambitious three-year growth plans and remains committed to its global markets.
However, Marriott's continuous growth hasn’t been without obstacles, with a notable data security breach implicating a vast number of guests. Its valuation is also a matter of debate amongst experts. The highs it achieved have reduced somewhat currently, but there might be opportunities for rebound in the future.
Marriot Stocks MAR News Analytics from Wed, 22 Feb 2012 08:00:00 GMT to Tue, 30 Apr 2024 07:00:00 GMT - Rating 5 - Innovation 2 - Information 8 - Rumor -3
