Marriot International, Inc., a major player in the hotel industry, has been making a series of news recently related to its
revenue performance, market trends, and growth prospects. The company's
Q4 earnings surpassed estimates, however, revenues fell short causing the stock to drop momentarily. The U.S. Business of Marriott is also showing signs of slowing. But, the
leisure demand and bookings have been expected to bolster their Q1 earnings. Despite shortfalls, Marriott's stock has been up by 30% over a year and continues its rise. The
outlook for the company at times showed weakness which caused some fluctuations in the stock price. The company, however, demonstrates confidence with
growth plans set for the next three years along with increasing share buyback authorizations. Even amid the cooling U.S. market, they have shown resilience due to a global hotel boom. There have been concerns on data breaches affecting a large number of guests causing stock dips. The company has its focus on continued growth, made evident by its strategic partnerships, expanded branding projects, and China expansion providing growth opportunities.
Marriot Stocks MAR News Analytics from Wed, 22 Feb 2012 08:00:00 GMT to Thu, 02 May 2024 07:00:00 GMT -
Rating 9
- Innovation 8
- Information 7.5
- Rumor -4
