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
- MARRIOTT INTERNATIONAL REPORTS FIRST QUARTER 2024 RESULTS • PR Newswire (US) • 05/01/2024 11:00:00 AM
- Westin Hotels & Resorts Bolsters its 'Best in Bed' Reputation with the Global Debut of the Next Generation Heavenly® Bed • PR Newswire (US) • 04/30/2024 02:00:00 PM
- Marriott International Celebrates Milestone on Journey Towards Net-Zero • PR Newswire (US) • 04/22/2024 11:00:00 AM
- Fairfield by Marriott Brings the Beauty of Simplicity to Copenhagen for its European Debut • PR Newswire (US) • 04/08/2024 02:00:00 PM
- MARRIOTT INTERNATIONAL ANNOUNCES RELEASE DATE FOR FIRST QUARTER 2024 EARNINGS • PR Newswire (US) • 04/02/2024 08:30:00 PM
- THE RITZ-CARLTON, SOUTH BEACH AND WOMEN'S POWER SERIES ANNOUNCE SECOND ANNUAL WOMEN'S POWER BREAKFAST IN CELEBRATION OF INTERNATIONAL WOMEN'S DAY • PR Newswire (US) • 03/06/2024 02:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/01/2024 12:22:29 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/28/2024 04:38:51 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/26/2024 10:00:05 PM
- Marriott International Announces Robust Growth Across the Caribbean and Latin America in 2023 • PR Newswire (US) • 02/26/2024 02:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/23/2024 10:12:48 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/23/2024 07:13:07 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/23/2024 02:14:12 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/23/2024 02:14:10 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/23/2024 02:14:06 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/22/2024 09:09:06 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/22/2024 05:53:40 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 02/21/2024 09:58:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/21/2024 05:17:29 PM
- Form FWP - Filing under Securities Act Rules 163/433 of free writing prospectuses • Edgar (US Regulatory) • 02/20/2024 10:25:29 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/20/2024 10:22:19 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/20/2024 10:22:02 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/20/2024 10:21:59 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/20/2024 10:21:51 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/20/2024 10:21:43 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM