MARRIOTT INTERNATIONAL Awaits Visibility Into Bookings and International Travel Recovery

Trending News ☀️

With its strong brand recognition and presence in all key markets, Marriott International ($NASDAQ:MAR) is eagerly awaiting to gain more insight into bookings and the revival of international travel. The pandemic hit the hospitality industry with a force and Marriott International was no exception. With the majority of its properties being shut down due to the lockdown, Marriott International faced significant losses in revenue. With international travel still being restricted by various countries, it is still unclear as to when the industry can expect a full recovery based on the current situation. In order to get an accurate assessment of the situation, Marriott International is closely monitoring its booking trends, customer sentiment, and occupancy levels. It is also looking towards the success of its domestic properties and brands that have recently opened up. With this data, the company hopes to understand consumer behavior and how to better position itself for a swift recovery.

Furthermore, the company is also focusing on creating innovative customer experiences that will drive demand for international travel as soon as restrictions are eased. Marriott International is also working hard to protect its employees and customers from the virus by introducing robust safety protocols at its hotels. This includes enhanced cleaning protocols and contactless check-in experiences. The company is confident that these measures will contribute to a safe and secure environment for guests and staff, thereby providing customers with peace of mind when booking their stays. All in all, Marriott International is eagerly awaiting visibility into bookings and the revival of international travel. With an impressive portfolio of properties and innovative customer experiences, the company is well-positioned to thrive when the time comes.

Share Price

On Thursday, MARRIOTT INTERNATIONAL stock opened at $175.2 and closed at $174.5, down by 0.6% from prior closing price of 175.6. Despite the recent surge in domestic travel, MARRIOTT INTERNATIONAL is still waiting for the number of international travelers to reach pre-pandemic levels. The multinational hospitality company is striving to strengthen its foothold in the industry with the help of its loyalty program, expansion plans, and technology investments. Consequently, it remains to be seen how MARRIOTT INTERNATIONAL will cope with the current conditions and adjust to the new normal in the long run. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Marriott International. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Marriott International. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Marriott International. More…

Key Ratios Snapshot

Some of the financial key ratios for Marriott International are shown below. More…

Analysis

GoodWhale recently conducted a financial analysis of MARRIOTT INTERNATIONAL. Based on our risk rating, MARRIOTT INTERNATIONAL is a medium risk investment in terms of financial and business aspects. We detected two possible risk warnings in the company’s income sheet and balance sheet. For more detailed information about the risks associated with this investment, we recommend that you become a registered user of GoodWhale and have access to our comprehensive analyses. Our reports provide an in-depth understanding of the threats that could potentially affect your investment. More…

Peers

Hotel companies Marriott International Inc and its competitors Choice Hotels International Inc, Hilton Worldwide Holdings Inc, Wyndham Hotels & Resorts Inc, are all vying for a piece of the global hotel market. All four companies have a presence in major cities and tourist destinations around the world. Marriott is the largest of the four, with over 6,700 properties in 130 countries and territories. Hilton is the second largest, with over 5,800 properties in 113 countries and territories. Wyndham is the third largest, with over 9,000 properties in 80 countries. Choice Hotels is the smallest of the four, with over 6,400 properties in 40 countries.

– Choice Hotels International Inc ($NYSE:CHH)

Hotels International Inc is a hospitality company that owns, operates, and franchises hotels and motels. The company has a market cap of 6.88B as of 2022 and a Return on Equity of 87.46%. The company’s hotel brands include Comfort Inn, Comfort Suites, Quality Inn, Sleep Inn, Clarion, Cambria hotel & suites, MainStay Suites, Suburban Extended Stay Hotel, Econo Lodge, Rodeway Inn, and Vacation Rentals by Choice Hotels.

– Hilton Worldwide Holdings Inc ($NYSE:HLT)

Hilton Worldwide Holdings Inc is a hotel and casino company. As of 2022, it has a market cap of 35.3B and a ROE of -148.2%. The company has over 5,000 properties in 105 countries and is the largest hotel company in the world.

– Wyndham Hotels & Resorts Inc ($NYSE:WH)

Wyndham Hotels & Resorts Inc is one of the largest hotel chains in the world. It has over 8,000 hotels across more than 80 countries. The company has a market cap of 6.29B as of 2022 and a ROE of 30.65%. Wyndham Hotels & Resorts is known for its high quality accommodations and excellent customer service.

Summary

Marriott International is a large hospitality and lodging company that has seen a significant decline in business due to the global pandemic. Investors are waiting to see when travel and international tourism will recover, and how that will affect the company’s bottom line. While the company is taking steps to protect its balance sheet by decreasing costs and raising capital, analysts are predicting that a recovery in international travel could take longer than expected due to the uncertain nature of the virus. Investors should keep an eye on Marriott International’s cash flow situation and visibility into bookings in order to get a clearer picture of its financial future.