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 (MAR) reports developments across a global lodging portfolio that spans luxury, premium, select, midscale, extended stay and all-inclusive brands. The company franchises, operates and licenses hotel, residential, timeshare, yacht, outdoor and other lodging products, and supports its brands through the Marriott Bonvoy travel platform.
Recurring news includes earnings releases, dividend actions, hotel openings, brand conversions, management agreements, regional development activity and executive appearances at lodging and leisure industry events. Updates also cover brand-specific expansion such as W Hotels and St. Regis, as well as growth across markets including the Caribbean, Latin America, Italy and Hawai'i.
Marriott International (NASDAQ: MAR) announced cash offers to purchase all outstanding Notes, totaling up to $1 billion. The Offers, detailed in the Offer to Purchase dated June 15, 2020, are aimed at retiring specific series of Notes due in 2021 and 2022. Key dates include the expiration on June 19, 2020, and settlement expected on June 22, 2020. The acceptance of Notes will be prioritized based on a defined Acceptance Priority Level. Marriott reserves the right to amend or terminate the Offers, which are not conditional on any minimum amount of Notes being tendered.