MCR Sells Residence Inn by Marriott Seattle South/Renton to Marriott International

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Marriott International ($NASDAQ:MAR), Inc. is a leading global hospitality company that operates, franchises, and programs hotels and related lodging facilities worldwide. Recently, MCR, an industry-leading owner, operator, and developer of hospitality real estate, announced that it has sold the Residence Inn by Marriott Seattle South/Renton to Marriott International. This acquisition marks the first property in which Marriott International has purchased from MCR. It is located near the Seattle-Tacoma International Airport and offers convenient access to downtown Seattle.

With this purchase, Marriott International gains a strategic foothold in the South Seattle/Renton area. Marriott International’s acquisition of the Residence Inn by Marriott Seattle South/Renton from MCR marks a new chapter for the company and MCR. This move further solidifies Marriott’s presence in the Northwest market and demonstrates the strength of the company’s commitment to growth and development in the region.

Share Price

On Monday, MARRIOTT INTERNATIONAL stock opened up at $189.4 and closed at $188.6, a 0.4% increase from its previous closing price of 188.0. This new acquisition is expected to contribute to Marriott International’s portfolio of hotel properties and increase its presence in the Seattle area. The transaction is also expected to bring in additional revenue for Marriott International, contributing to the company’s continued growth and success. Live Quote…

About the Company

Income Snapshot

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Balance Sheet Snapshot

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Key Ratios Snapshot

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Analysis

GoodWhale has conducted an analysis of MARRIOTT INTERNATIONAL‘s financial wellbeing. The Star Chart shows that MARRIOTT INTERNATIONAL is strong in dividend and growth, but has medium profitability and is weak in asset. MARRIOTT INTERNATIONAL has a high health score of 8/10, indicating that they are capable to safely ride out any crisis without the risk of bankruptcy. We classify MARRIOTT INTERNATIONAL as a ‘cheetah’, a type of company we conclude that achieved high revenue or earnings growth but is considered less stable due to lower profitability. Given the cheetah classification, investors who are focused on near-term growth and are willing to accept lower stability may be interested in investing in MARRIOTT INTERNATIONAL. These investors may be risk-tolerant, and are likely to be focused on the potential for short-term gains rather than long-term returns. 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 (MAR) is a leading hospitality company that owns, operates, and franchises hotels and related lodging facilities worldwide. The company is a solid investment option, with a consistent track record of returns for shareholders. Marriott’s business model focuses on expanding its global presence and maximizing efficiency and cost savings through economies of scale. Its portfolio consists of various lodging brands, including Marriott Hotels & Resorts, The Ritz-Carlton, and W Hotels.

Additionally, its loyalty programs and digital platforms have allowed the company to expand its reach to customers further. Over the past few years, MAR has achieved strong financial results, including strong earnings and revenue growth. The company has also succeeded in reducing its debt levels, while investing in technology and innovation. As such, MAR is a promising stock for investors looking for reliable returns.