Marriott's leading brand advantage is intact in a healthy travel environment.
In line with Hilton and Wyndham’s recent results, Marriott reported solid fourth-quarter figures highlighted by its worldwide revPAR growth of 4.6% (versus our 3.5% estimate) that is being aided by strong North American traveler (revPAR growth of 3.9%). We plan to adjust our revPAR forecasts for this year to around 2.5% from 1.5% prior to account for stronger signs of corporate travel, but our $103 fair value estimate will be increasing a high-single-digit percentage due to lower corporate tax a...Marriott International is a worldwide operator, franchisor, and licensor of hotel, residential and timeshare properties under various brand names at different price and service points. The company has operations in the following reportable business segments: North American Full-Service, which includes the company's Luxury and Premium properties located in United States and Canada; North American Limited-Service, which includes the company's Select properties located in United States and Canada; and Asia Pacific, which includes all properties in the company's Asia Pacific region.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.