Welcome to our dedicated page for Marriott Intl news (Ticker: MAR), a resource for investors and traders seeking the latest updates and insights on Marriott Intl stock.
Marriott International, Inc. (NASDAQ: MAR) is a global hospitality company based in Bethesda, Maryland, USA, with a portfolio that includes thousands of properties under more than 30 brands in over 100 countries and territories. The MAR news page on Stock Titan aggregates company announcements, brand updates, financial communications, and other disclosures so investors and observers can see how Marriott’s strategy and operations are evolving.
Recent news highlights Marriott’s activity across luxury, lifestyle, and residential segments. The Ritz-Carlton Hotel Company, a wholly owned subsidiary of Marriott, features prominently, with announcements about The Ritz-Carlton Yacht Collection’s expanding fleet, including the debut of the superyacht Ilma with suites featuring private terraces, multiple dining venues, and itineraries in the Mediterranean, Caribbean, and Northern Europe. Other releases showcase destination-specific programming such as new Signature Experiences at The Ritz-Carlton, Amelia Island, which focus on culinary, wellness, and nature-based activities guided by local experts.
Investors following MAR news will also see corporate and capital markets updates. Marriott issues releases about upcoming earnings announcements, leadership changes across regions such as the U.S., Canada, CALA, and EMEA, and strategic realignments designed to support portfolio growth and owner relationships. Additional items cover topics like branded residential expansion in Europe, the Middle East and Africa, and updates on licensing relationships.
Because Marriott’s ecosystem includes brands such as The Ritz-Carlton and Design Hotels, the news flow also covers design-led independent hotels, fashion and lifestyle collaborations, and growth in branded residences. Bookmark this page to review Marriott’s earnings dates, leadership announcements, brand developments, and other company communications in one place.
Marriott International (Nasdaq: MAR) will release its fourth quarter 2022 earnings on February 14, 2023, at 7:00 am ET. A conference call will follow at 8:30 am ET, featuring CEO Anthony Capuano and CFO Leeny Oberg, discussing the company's performance. Investors can access the call via Marriott's investor relations website, with a replay available for one year. Marriott operates nearly 8,200 properties in 138 countries and territories and offers the Marriott Bonvoy travel program. For further details, visit Marriott's official website.
Marriott International has launched online instant booking for group guest rooms and meeting spaces through GroupSync Marketplace, available at over 1,500 hotels in the U.S. and Canada. This integration with Groups360 simplifies the booking process for planners, allowing real-time access to group rates and inventory. The new capability reduces planning time and improves efficiency. Marriott aims to enhance customer experience further by enabling inventory visibility before RFP submission and expects to expand this service. Marriott is also celebrating this launch with a giveaway of 1 million Marriott Bonvoy points to incentivize bookings.
MARAEY has partnered with Marriott International to develop three luxury hotels in Maricá, Rio de Janeiro, with a total investment estimated at US$ 360 million. This project includes the Ritz-Carlton Reserve, the world's first all-inclusive JW Marriott, and the Rock in Rio-themed Autograph Collection hotel, all set to create over 16,000 jobs during construction and attract over 300,000 tourists annually. The project emphasizes sustainability and aims to support the local economy, contributing to Rio's tourism sector. Groundbreaking is expected in the second half of 2023.
Science Applications International Corp. (SAIC) has appointed Carolyn Handlon and James C. Reagan to its board of directors, expanding the board to 13 members, with nearly two-thirds being women and people of color. Handlon, a former Executive VP at Marriott, will join the Audit and Nominating Committees, while Reagan, ex-CFO of Leidos, will serve on the Audit and Human Resources Committees. The board chair emphasized their integrity and leadership capabilities, which are expected to enhance SAIC's commitment to sustainable growth for customers and shareholders.
Amanda Joiner has been appointed as the Global Vice President at The Ritz-Carlton Leadership Center, bringing over 30 years of luxury hospitality experience. Previously the General Manager of The Ritz-Carlton, St. Louis, she aims to enhance the center's focus on culture and customer experience. The Leadership Center has experienced increased demand for its consulting services, helping brands improve employee and customer engagement. Joiner’s leadership is expected to solidify the center's competitive advantage through innovative organizational strategies and transformation.
Marriott International (NASDAQ: MAR) announces that Stephanie Linnartz, a 25-year veteran and President since 2021, will leave the company to become President and CEO of Under Armour effective February 24, 2023. Linnartz has been instrumental in guiding Marriott's global consumer strategy and expanding the Marriott Bonvoy loyalty program. Her departure comes as a significant change for Marriott, as she has played a vital role in the company’s growth and brand portfolio enhancement. Linnartz expressed gratitude for her time at Marriott and excitement for her new position.
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Marriott Hotels announced the opening of its first resort in the UAE, the Marriott Resort Palm Jumeirah, Dubai. Located on over 75,000 square feet of beachfront, the resort features 608 rooms and 10 dining concepts inspired by global cuisines. Amenities include a spa, fitness center, kids club, and extensive event spaces totaling over 20,000 square feet. This property enhances Marriott's presence in Dubai, catering to both leisure and business travelers. The resort joins Marriott's 30-brand portfolio, allowing members to earn and redeem Marriott Bonvoy points.
Agilysys, Inc. (NASDAQ: AGYS) has entered an agreement with Marriott International, Inc. (NASDAQ: MAR) to implement its cloud-native property management system (PMS) in Marriott's hotels across the U.S. and Canada. The partnership aims to replace existing proprietary systems, enhancing operations and guest experiences. Agilysys emphasizes its focus on hospitality innovation and modular solutions, which cater to diverse hotel types. CEO Ramesh Srinivasan noted this collaboration reflects Agilysys' dedication to R&D, aligning with Marriott's goal of improving associate and guest satisfaction.
On December 14, 2022, Marriott International hosted a panel titled Traditions, Trends & New Inspirations for Destination Weddings at the San Juan Marriott Resort & Stellaris Casino. The event focused on the booming destination wedding market, projected to grow from $21.43 billion in 2022 to $64.01 billion by 2026. Experts highlighted Puerto Rico's appeal as a hassle-free wedding destination for U.S. couples, emphasizing sustainability and personalized experiences for younger generations.