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.
EDITION Hotels proudly announces the reopening of its two NYC locations: The New York EDITION on May 11, 2021, and The Times Square EDITION on June 1, 2021. With a renewed focus on luxury, both properties offer unique experiences, including new suites with stunning views and updated dining options. The New York EDITION features exclusive penthouses and a Michelin-starred restaurant, while The Times Square EDITION boasts outdoor dining led by renowned chefs. This revitalization aligns with NYC's cultural resurgence, welcoming both locals and tourists back to vibrant spaces.
Marriott reported a challenging first quarter of 2021, with a 46.3% decline in comparable systemwide RevPAR globally compared to 2020. The company's reported diluted loss per share was $0.03, down from a gain of $0.09 in the same period last year. Total net loss for the quarter was $11 million, a significant drop from $31 million in the previous year. Despite these challenges, Marriott added over 23,500 rooms globally and maintains a robust development pipeline of approximately 491,000 rooms. Net liquidity stands at $4.7 billion.
Marriott Bonvoy, the travel program of Marriott International (NASDAQ: MAR), has partnered with Uber (NYSE: UBER) to allow members to earn points on food deliveries via Uber Eats and select Uber rides. Members can earn six points per dollar spent on Uber Eats deliveries at Marriott hotels and three points per dollar on Uber XL, Comfort, and Black rides, with a minimum $25 spend. Users who link their accounts and complete a qualifying transaction by May 31 will receive 2,000 bonus points. This initiative aims to enhance member engagement while encouraging travel and everyday usage.
EDITION Hotels, part of Marriott International, announced plans to open eight new properties across three continents by the end of 2022. This expansion includes hotels in Rome, Madrid, Dubai, Reykjavik, Tampa, Doha, and Mexico's Riviera Maya, along with a second location in Tokyo. With this expansion, EDITION's portfolio will grow from 11 to 19 hotels globally. The new locations are set to reflect local cultures and include unique dining experiences, modern luxury services, and amenities.
Marriott International (Nasdaq: MAR) is set to report its first quarter 2021 earnings on May 10, 2021, at 7:00 am ET, followed by a conference call at 8:30 am ET. The call will feature insights from CEO Anthony Capuano and CFO Leeny Oberg. Investors can access the call through the company's investor relations website, with a replay available until May 9, 2022. Marriott operates over 7,600 properties across 133 countries, offering its Marriott Bonvoy travel program.
Marriott International has launched a pilot program for contactless arrival kiosks at select hotels and a proof-of-concept for grab-and-go marketplaces at two locations. These initiatives aim to enhance traveler confidence by integrating technology within the company's Commitment to Clean program. The pilot kiosks, located in New York and Louisiana, allow guests to check in with minimal contact, while the marketplaces provide convenient access to food and beverages. Marriott's focus on contactless services responds to increasing consumer demand for safety and convenience in travel.
W Hotels Worldwide has launched its first hotel in Japan, the W Osaka, located on Midosuji Boulevard. This luxury hotel features a striking black monolith façade and colorful interiors designed by renowned architect Tadao Ando and the design studio concrete. The hotel offers 337 guestrooms, unique dining experiences, and a variety of amenities, aiming to cater to both international travelers and locals. With its vibrant atmosphere, W Osaka is poised to transform the local hospitality scene.
Marriott International marked significant milestones in its Marriott Bonvoy portfolio by opening the 200th Autograph Collection hotel, 50th Tribute Portfolio hotel, and preparing to launch the 120th Luxury Collection hotel. In 2021, the company plans to expand these brands to nearly 70 new locations globally, including 24 new market entries. The unique offerings cater to travelers seeking individualized experiences, with a notable interest in independent properties that showcase local culture. Recent trends show a marked increase in consumer interest for boutique and luxury hotels.
Marriott International (NASDAQ: MAR) has elected David Marriott and Horacio Rozanski to its Board of Directors, effective March 15, 2021. This expansion brings the board to 13 members, with nine being independent. David Marriott will step down as President, U.S. Full Service Managed by Marriott by the end of April, as he is anticipated to assume the role of Chairman of the Board in 2022. Both new members are noted for their extensive experience, which the company seeks to leverage for recovery from the COVID-19 pandemic.
Marriott International announced that Leeny Oberg, CFO, will present at the 2021 J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum on March 12, 2021, at 10:15 a.m. ET. The event will be available via live webcast on the company's investor relations site. This webcast will remain accessible until April 11, 2021. Marriott, based in Bethesda, Maryland, operates over 7,600 properties across 30 brands worldwide, offering the Marriott Bonvoy™ travel program. For further details, visit www.marriott.com/investor.