MAR Stock Recent News

Marriott International (MAR) came out with quarterly earnings of $2.50 per share, beating the Zacks Consensus Estimate of $2.49 per share. This compares to earnings of $2.26 per share a year ago.

Second quarter 2024 comparable systemwide constant dollar RevPAR increased 4.9 percent worldwide, 3.9 percent in the U.S. & Canada, and 7.4 percent in international markets, compared to the 2023 second quarter; Second quarter reported diluted EPS totaled $2.69, compared to reported diluted EPS of $2.38 in the year-ago quarter. Second quarter adjusted diluted EPS totaled $2.50, compared to second quarter 2023 adjusted diluted EPS of $2.26; Second quarter reported net income totaled $772 million, compared to reported net income of $726 million in the year-ago quarter.

Building on the Brand's Legacy of Wonderful Hospitality, Guests of Marriott Cancun, An All-Inclusive Resort Will Step into a World of Unparalleled Hospitality and Enriching Experiences BETHESDA, Md. , July 30, 2024 /PRNewswire/ -- Marriott Hotels , the signature flag of Marriott Bonvoy's portfolio of more than 30 extraordinary brands, hasn't just set the standard for hospitality, it's raised it: innovating at every opportunity and earning the trust of travelers all around the globe.

Marriott's (MAR) second-quarter 2024 results are likely to reflect increased global travel demand, especially in international markets, thus portraying RevPAR growth. Also, the top-line leverage and efficient operating model are likely to have aided the bottom line.

Get a deeper insight into the potential performance of Marriott (MAR) for the quarter ended June 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Marriott (MAR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Cheaper airfares and strong labor market support travel demand and high occupancy trends in international hotels. Shares of Marriott International have returned nearly 40% since May 2023, but I now view the stock as fully valued. Its Q2 earnings report is expected to show solid international growth, with potential for increased shareholder-friendly moves.

Strong Developer Value and Elevated Owner Experiences Continue to Fuel Growth for Marriott Branded Residences Portfolio  BETHESDA, Md. , July 22, 2024 /PRNewswire/ -- Today, Marriott International, Inc. (NASDAQ: MAR) announces the continued growth and global leadership of Marriott Branded Residences, along with enhanced Residence Owners benefits through ONVIA, the company's newly integrated Owner recognition platform.

Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.

Marriott's (MAR) focus on digital transformation, member engagement and strategic development positions it for sustained growth. However, increased expenses are a concern.