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With a market cap of $93.8 billion, Marriott International, Inc. (MAR) is a global hospitality company engaged in the operation, franchising, and licensing of hotels, residential, timeshare, and lodging properties across the Americas, Europe, the Middle East & Africa, Greater China, and Asia Pacific. It operates a diverse portfolio of luxury, premium, and select-service brands, along with residences, timeshares, and yachts.
Shares of the Bethesda, Maryland-based company have outperformed the broader market over the past 52 weeks. MAR stock has returned 22.8% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 11.8%. Moreover, shares of the company are up 14.1% on a YTD basis, compared to SPX’s marginal decline.