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Valued at a market cap of $78.3 billion, Marriott International, Inc. (MAR) is a leading hospitality company that operates a broad portfolio of hotels and related lodging businesses across luxury, premium, and select-service categories. The Bethesda, Maryland-based company operates through renowned brands such as The Ritz-Carlton, St. Regis, JW Marriott, Westin, and Courtyard.
This hospitality company has lagged behind the broader market over the past 52 weeks. Shares of MAR are up marginally over this time frame, while the broader S&P 500 Index ($SPX) has gained 12.6%. Moreover, on a YTD basis, the stock has gained 3%, compared to SPX’s 14.6% return.