Marriott International - The Hotel Group Continues on Success Path Thanks to Travel and Tourism Boom!

Business drivers:  The US hotel company Marriott International (MAR) is well positioned to benefit from rising guest numbers thanks to the travel and tourism boom, particularly as Marriott skillfully binds its customers through loyalty programs such as Bonvoy. In the recently concluded Q3, the hotel group surprised with a very strong result, reporting an EPS of $2.47, significantly above analysts' expectations of $2.39. They also exceeded expectations in terms of revenue, with a 3.74% increase to $6.49 billion (consensus: $6.46 billion).  ...