The Latest Breaking News from MAR

Marriott International (NASDAQ:MAR) is set to give its latest quarterly earnings report on Wednesday, 2022-05-04. Here's what investors need to know before the announcement. Analysts estimate that Marriott International will report an earnings per share (EPS) of $0.90.

Choice Hotels (CHH) is one of the top hotel stocks due to its unique business model which ensures high margins. Additionally, travel stocks will benefit from pent-up demand for travel in the coming quarters.

CNBC’s ‘Fast Money: Halftime Report’ delivers market-moving news to investors.

Marriott Intl (NASDAQ:MAR) has outperformed the market over the past 10 years by 4.14% on an annualized basis.

Marriott International Inc (NASDAQ:MAR) has decided to close its Moscow corporate office and pause the opening of upcoming hotels in Russia, effective immediately. The hotel chain also halts all future hotel development and investment in Russia. Marriott has joined its counterparts, including Hilton Worldwide Holdings Inc (NYSE:HLT) and Hyatt Hotels Corp(NYSE:H), who announced similar moves on…

The global hotel economy is expected to remain under pressure in the near term amid declining consumer confidence and worsening geopolitical tensions. So, it could be wise to avoid overvalued hotel stocks Marriott International (MAR), Hilton Worldwide (HLT), and Hyatt Hotels (H) this month.

According to Benzinga Pro, during Q4, Marriott International (NASDAQ:MAR) earned $468.00 million, a 112.73% increase from the preceding quarter. Marriott International also posted a total of $4.45 billion in sales, a 12.67% increase since Q3.

US stocks remained higher toward the end of trading session on Tuesday after Russia announced it would pull back some troops positioned on the Ukrainian border.

Marriott Intl (NASDAQ:MAR) has outperformed the market over the past 5 years by 1.77% on an annualized basis.