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BETHESDA, Md. , Jan. 21, 2025 /PRNewswire/ -- Marriott International, Inc. (Nasdaq: MAR) will report fourth quarter 2024 earnings results on Tuesday, February 11, 2025, at approximately 7:00 a.m.
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BETHESDA, Md. , Jan. 21, 2025 /PRNewswire/ -- The board of directors of Marriott International, Inc. (NASDAQ: MAR) today announced the election of Sean Tresvant, Chief Executive Officer of Taco Bell Corp., a wholly owned subsidiary of Yum!
Hyatt Hotels Corporation stock (NYSE: H) has gained close to 19% since the beginning of 2024, compared to a 22% return of the S&P 500 over the same period. In comparison, its peer Marriott International (NASDAQ:MAR) stock is up about 24% over the same period.
Hotel chains are under-considered investments for most investors, despite their strong historical and financial performance. Marriott and IHG Group are leading hotel operators with robust profit margins and growth prospects, but we think IHG is the better buy. MAR boasts higher profitability, but IHG's potential for margin improvement and a strong pipeline makes it a compelling investment with more room for appreciation.
MAR boosts Ritz-Carlton brand presence in Thailand with the opening of The Ritz-Carlton, Bangkok.
Influenced by the tradition of grand Thai residences on Wireless Road, the innovative, 260-key hotel overlooking Lumpini Park leads the city's cultural evolution BANGKOK , Jan. 8, 2025 /PRNewswire/ -- Today marks the highly anticipated debut of The Ritz-Carlton, Bangkok, introducing a world-class hotel that offers unparalleled hospitality and immersive cultural experiences. Part of the Luxury Group portfolio by Marriott International, the hotel is set in an alluring 216-meter-high tower at One Bangkok, the largest holistically integrated district and a world-class business and lifestyle destination in the heart of Bangkok.
SHANGHAI , Oct. 18, 2024 /PRNewswire/ -- Marriott International, Inc. today announced that it has signed an agreement with Shum Yip Holdings Company Limited to introduce The Luxury Collection and AC Hotels by Marriott to Shenzhen, a coastal city situated in southern China. Expected to open in November 2028, the Luxury Collection Hotel in Shenzhen will offer its authentic twist to luxury that encapsulates the spirit of the destination, while AC Hotel by Marriott Shenzhen North Station will provide its trademark modern design and seamless experience.
LONDON, Ontario--(BUSINESS WIRE)--Palm Holdings is proud to announce the grand reopening of the newly renovated TownePlace Suites by Marriott London, a premier extended-stay hotel. The ribbon-cutting ceremony was led by Mandy Choi (VP of Hotels Palm Holdings) and David Abraham (General Manager TPS), alongside local dignitaries. Located at 800 Exeter Rd near Highway 401, the revamped property offers business and leisure travelers a modern and comfortable stay, with easy access to the city's main.
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