MAR Stock Recent News

In December 2024, the travel industry hit an important milestone, at least in terms of air travel. That is, traffic in many continents exceeded 2019 levels for the first time since the 2020 pandemic.

If you are looking to invest in the spirit of Valentine's Day, consider stocks like EAT, IPAR, VSCO, CCL and MAR.

BETHESDA, Md. , Feb. 13, 2025 /PRNewswire/ -- Marriott International, Inc. (Nasdaq: MAR) today announced that its board of directors declared a quarterly cash dividend of 63 cents per share of common stock.

Business travel has mostly returned to pre-pandemic levels—except at the beginning of the week, hotel executives said.

Marriott International Inc (NYSE:MAR) shares slipped more than 5% after the hotel chain's profit guidance disappointed investors. For the full year, the company expects adjusted earnings per share of $9.82 to $10.19, below Street expectations of $10.63 to $10.65.

MAR's fourth-quarter performance benefits from steady global travel demand and strategic portfolio expansion.

Marriott International Inc. (NASDAQ:MAR ) Q4 2024 Earnings Conference Call February 11, 2025 8:30 AM ET Company Participants Anthony Capuano - President, Chief Executive Officer Leeny Oberg - Chief Financial Officer Jackie McConagha - Senior Vice President, Investor Relations Conference Call Participants Shaun Kelley - Bank of America Patrick Scholes - Truist Securities Conor Cunningham - Melius Research Richard Clarke - Bernstein Robin Farley - UBS Stephen Grambling - Morgan Stanley David Katz - Jefferies Brandt Montour - Barclays Duane Pfenningwerth - Evercore ISI Smedes Rose - Citi Ari Klein - BMO Capital Markets Chad Beynon - Macquarie Lizzie Dove - Goldman Sachs Operator Good day everyone and welcome to the Marriott International Q4 2024 earnings call. At this time, all participants are in a listen-only mode.

Marriott International (MAR) shares fell 4% Tuesday as the hotel operator's guidance missed forecasts on slower room growth.

While the top- and bottom-line numbers for Marriott (MAR) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Lodging services giant Marriott International (MAR -3.94%) reported fourth-quarter and full-year 2024 earnings on Tuesday, Feb. 11, that exceeded analysts' consensus estimates. Adjusted EPS of $2.45 outperformed analysts' estimates of $2.39 while total revenue reached $6.43 billion, slightly higher than the anticipated $6.4 billion.