Marriot International, Inc. (MAR) finds itself in multiple phases of tagging trends. While it has observed slow growth in the U.S. business following a post-pandemic peak, stock drops were recorded due to the fourth-quarter revenue falling short. Released Q1 results were mixed, leading to a similar drop in marriot's stocks. Despite this, the stock has reached a new all-time high due to the pent-up demand for tourism. Marriot shares have seen an increase of 30% in a year, but weak outlooks caused a subsequent drop despite a Q4 earnings beat. The company interfaces mixed Q1 earnings, but they are on track with their 3-year growth plans for 2023. Growing signing of units year on year has been seen as well, with the hotel giant introducing a strategic partnership with Delonix. Concerns arose after a hefty data breach affecting up to 500 million guests was disclosed. Despite the setbacks, many still consider MAR a good investment, with a 30% dividend hike for shareholders and agreement for a branded residential project inked. Overall, the performance of Marriott has been quite a roller-coaster ride.
Marriot Stocks MAR News Analytics from Wed, 22 Feb 2012 08:00:00 GMT to Wed, 29 May 2024 13:05:00 GMT -
Rating -5
- Innovation -3
- Information 6
- Rumor 1
