Most don't know that on average, there is a new Marriott managed property opened every 14 hours. Almost 2 per day. Taking over the industry in certain ways and gaining more & more leverage against oppositions such as discount websites i.e. Expedia and so on, along with competing hospitality management companies. Especially after the acquisition of Starwood. Marriott now has the largest rewards recognition program in the world, literally.
The strategy behind this company is what continuously blows me away.
Now over 30 brands that tailor towards every segment of traveler throughout every edge of the world.
On another note regarding strategy....Many do not realize that the select service aspect of Marriott is one of the key components of revenue. So even if the market gets rocked, the most affordable options in their portfolio will only attribute at an even higher level. The soundest foundation imaginable.
Of course, this doesn't mean it's going to go up or down day to day, month to month or YOY. Simply a solid indication that this is a long term investment that is set for incredible success, as well as weather any possible 'storms' that other companies in the same sector may not last through.
All in my opinion, of course.
~G
Recent MAR News
- AIG names new CFO; Progyny Drops 24% After Losing Key 2025 Contract; Exicure Jumps 190% With Nasdaq Extension • IH Market News • 09/19/2024 10:26:48 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/18/2024 09:18:40 PM
- THE RITZ-CARLTON DEBUTS IN MOROCCO WITH THE OPENING OF THE RITZ-CARLTON RABAT, DAR ES SALAM BRINGING A NEW ERA OF LUXURY AND TIMELESS ELEGANCE TO THE MOROCCAN CAPITAL • PR Newswire (US) • 09/13/2024 01:00:00 PM
- Broadcom Down 10% Post-Earnings, UiPath Up 8%; Qualcomm Eyes Intel Assets; Salesforce Acquires Own Company • IH Market News • 09/06/2024 11:59:00 AM
- ILMA, THE NEWEST SUPERYACHT FROM THE RITZ-CARLTON YACHT COLLECTION, MAKES ITS DEBUT, LEADING THE ULTRA-LUXURY YACHTING EXPERIENCE WITH INNOVATIVE DINING, EXPANSIVE SUITES, AND UNPARALLELED ONBOARD OFFERINGS • PR Newswire (US) • 09/03/2024 01:00:00 PM
- Marriott International Named in Top 5 of 2024 PEOPLE® Companies that Care List • PR Newswire (US) • 08/28/2024 12:00:00 PM
- Marriott International President and Chief Executive Officer to Speak at Bank of America Gaming and Lodging Conference September 5; Remarks to be Webcast • PR Newswire (US) • 08/27/2024 08:45:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/20/2024 03:19:43 PM
- THE RITZ-CARLTON, NAPLES LAUNCHES NEW ENVIRONMENTALLY AWARE OFFERINGS TO ENHANCE THE BELOVED RITZ KIDS EXPERIENCE • PR Newswire (US) • 08/20/2024 01:00:00 PM
- Berkshire Reduces Stake in BofA, Hawaiian Airlines Soars 10%, Paramount Receives $4.3B Offer, and More • IH Market News • 08/20/2024 09:56:02 AM
- Marriott International Announces Long-Term Licensing Agreement with Sonder, Expected to Add Over 10,500 Rooms to Marriott's Open and Pipeline Portfolio • PR Newswire (US) • 08/19/2024 11:15:00 AM
- Sonder Holdings Inc. Announces Strategic Licensing Agreement with Marriott International • GlobeNewswire Inc. • 08/19/2024 11:00:00 AM
- Marriott International Celebrates its 9000TH Property with the Opening of The St. Regis Longboat Key Resort in Florida • PR Newswire (US) • 08/16/2024 09:20:00 PM
- THE RITZ-CARLTON NAPLES, TIBURÓN ANNOUNCES THE GRAND OPENING OF THE MOURATOGLOU TENNIS CENTER • PR Newswire (US) • 08/13/2024 04:25:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/12/2024 08:23:28 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 08/09/2024 08:06:14 PM
- Form FWP - Filing under Securities Act Rules 163/433 of free writing prospectuses • Edgar (US Regulatory) • 08/08/2024 08:52:27 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 08/08/2024 01:02:36 PM
- MARRIOTT INTERNATIONAL DECLARES QUARTERLY CASH DIVIDEND • PR Newswire (US) • 08/02/2024 09:30:00 PM
- MARRIOTT INTERNATIONAL SIGNS AGREEMENT WITH ZHONG AN COMMERCIAL GROUP TO BRING W HOTELS TO HANGZHOU • PR Newswire (US) • 08/02/2024 02:00:00 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 07/31/2024 03:22:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/31/2024 11:13:21 AM
- An All-Inclusive Awakening: Marriott Hotels Elevates the Art of Hospitality with New Cancun Resort • PR Newswire (US) • 07/30/2024 02:00:00 PM
- Marriott International Launches HotelHelp Pilot to Provide Short-Term Emergency Stays for Human Trafficking Survivors • PR Newswire (US) • 07/30/2024 11:30:00 AM
- Meta Unveils Llama 3 AI Model, Elon Musk’s X Poll Backs Tesla’s $5B xAI Investment, and More • IH Market News • 07/24/2024 09:53:32 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM