Marriott Hotels - Increasing Guest Numbers and Price Hikes Lead to Record Results!
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Business Driver: Marriott International (MAR) is well-positioned with its diverse brand portfolio (JW Marriott Hotels; The Ritz-Carlton, Sheraton, Moxy Hotels, and many more), allowing it to compete across all market segments. The success of loyalty programs like Bonvoy has strengthened customer retention. On February 10, the company impressed with a solid Q4 result. The adjusted earnings per share improved from $2.45 to $2.58 (consensus: $2.61). Revenue exceeded analyst expectations of $6.67 billion, increasing by 4.96% to $6.69 billion. Following...
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