Marriott (MAR) outlines 3 year growth plan, says travel demand remains robust

Marriott (MAR) says overall leisure travel remains robust

Marriott (NASDAQ: MAR) CEO Anthony Capuano, presenting at its meeting with institutional investors and security analysts, says overall leisure travel remains robust, as does group travel. More travellers combining business and leisure into one trip, given the growth of working... More

Marriott (MAR) experiencing solid momentum in business

Marriott (NASDAQ: MAR) CEO Anthony Capuano, presenting at its meeting with institutional investors and security analysts, says that it is experiencing solid momentum in the business. Expect to continue driving strong growth and cash flow.Trends in Greater China have demonstrated travel strength. Consumers prioritising experiences over goods.... More

Costco and Zions Bancorporation fall premarket; Rivian and Mattel rise

Investing.com -- U.S. futures rose Wednesday, rebounding after the previous sessions selloff with investors awaiting developments on a U.S. funding bill as well as future Federal Reserve's monetary policy.

Here are some of the biggest premarket U.S. stock movers today:

Marriott projects upbeat revenue per room growth as travel demand stays strong

(Reuters) - Marriott International on Wednesday forecast two-year annualized global revenue per available room (RevPAR) growth of 3% to 6% by 2025, as the hotel operator expects resilient international travel demand.

A recovery in international travel following the easing of pandemic restrictions has been buoyed by a strong dollar, as well... More

Marriott (MAR) Outlines Three Year Growth Plan

Marriott International, Inc. (NASDAQ: MAR) today will present the company's three-year financial model through 2025 at its meeting with institutional investors and security analysts at the W South Beach in Miami Beach, Florida.

In the presentation, the company will reiterate its 2023 outlook given in August and introduce two-year compounded annual growth rates (CAGRs) from 2023 to 2025 for certain key performance metrics. Marriott will outline its plan to add 230,000 to 270,000 net rooms over three years, expanding its industry-leading global... More

Marriott International (MAR) Investor Day Seen as Positive Catalyst - TD Cowen

TD Cowen analyst Kevin Kopelman reiterated an Outperform rating and $215.00 price target on Marriott International (NASDAQ: MAR) ahead of the company Investor Day on September 27th, its first since March of 2019.

The analyst commented, "MAR on Wed. will host its first Investor... More