MKM Partners Raises Price Target on Marriott (MAR) to $98; Reiterates Buy

Go back to MKM Partners Raises Price Target on Marriott (MAR) to $98; Reiterates Buy

Sheraton Hotels & Resorts Strengthens Its Presence in China With the Opening of Sheraton Huangdao Hotel

December 19, 2016 11:12 AM EST

QINGDAO, China, Dec. 19, 2016 /PRNewswire/ -- Sheraton Hotels & Resorts, part of Marriott International, Inc. (NASDAQ: MAR), announced the opening of Sheraton Huangdao Hotel, located within the Qingdao Economic and Technological Development Zone (QWTDZ). The opening of Sheraton Huangdao Hotel marks the third property in Qingdao, underscoring the popularity and demand for Marriott's most global brand in the region.

"Qingdao is one of the fastest growing urban centers in China and as we expand our footprint in the city with our third property, we are committed to ensuring that the... More

Marriott International Announces Final Results Of Exchange Offers And Consent Solicitations

December 19, 2016 8:38 AM EST

BETHESDA, Md., Dec. 19, 2016 /PRNewswire/ -- Marriott International, Inc. ("Marriott") (NASDAQ: MAR) today announced the final results of its previously announced offers to exchange all validly tendered and accepted notes of each series listed below (collectively, the "Starwood Notes") previously issued by Starwood Hotels & Resorts Worldwide, LLC (formerly known as Starwood Hotels & Resorts Worldwide, Inc. and referred to in this announcement as "Starwood") for new notes to be issued by Marriott (collectively, the "Marriott Notes"), and the related solicitation of consents to amend the indentures governing the Starwood... More

Better Together -- Marriott Rewards, The Ritz-Carlton Rewards And Starwood Preferred Guest Continue To Create Earning Opportunities With New Double-Points Promotions

December 15, 2016 4:04 PM EST

BETHESDA, Md., Dec. 15, 2016 /PRNewswire/ -- Just weeks after its unprecedented announcement that members could link their accounts to have their Elite status matched and transfer points between programs, Marriott Rewards, The Ritz-Carlton Rewards and Starwood Preferred Guest (SPG®), are each offering remarkable, new opportunities for members to earn double points as part of their coordinated promotions. For the first time, the three programs are offering the same promotional opportunity, giving members the chance to earn double points on their first three... More

Great Place to Work® and Fortune Name Marriott International One of the Best Workplaces for Parents

December 15, 2016 10:26 AM EST

BETHESDA, Md., Dec. 15, 2016 /PRNewswire/ -- Global hospitality leader Marriott International, Inc. (NASDAQ: MAR) was named by Great Place to Work® and Fortune to the 2016 50 Best Workplaces for Parents, ranking No. 31 on the list. The ranking is based on anonymous employee feedback from more than 120,000 working parents at U.S. companies across a range of industries, as well as on the benefits the companies offer that help parents participate fully in their organizations. 

... More

JW Marriott Brand Debuts In Singapore

December 15, 2016 10:12 AM EST

SINGAPORE, Dec. 15, 2016 /PRNewswire/ -- JW Marriott Hotels & Resorts, the global luxury brand that is part of Marriott International's (NASDAQ: MAR) luxury brands portfolio, is thrilled to debut the new JW Marriott Hotel Singapore South Beach the brand's first hotel in Singapore.  Located in close proximity to the Marina Bay entertainment and business districts, the new 634-room luxury hotel is poised to become an iconic lifestyle destination in the heart of Singapore's arts and culture district.

"We are... More

Four Points Debuts in Buffalo Grove, IL

December 15, 2016 9:12 AM EST

BUFFALO GROVE, Ill. and BETHESDA, Md., Dec. 15, 2016 /PRNewswire/ -- POINT 1: Marriott International, Inc.® (NASDAQ: MAR) today announced the opening of Four Points Buffalo Grove in Chicago's northwest suburbs. Catering to the needs of today's modern traveler, the recently renovated Four Points hotel offers approachable design, stylish comfort and all the brand's popular extras including a pool, 24-hour fitness center, business center, and fast and free Wi-Fi throughout the hotel.

POINT 2: Owned by Lake County Hospitality LLC, Four Points Buffalo Grove offers 152 spacious guest rooms and 1,280 square feet of... More