Marriott International News

The journey of the largest hotel chain in the world, Marriott International, Inc. – now with more than seven thousand hotel, residential, and timeshare properties – began with a root-beer stand in Washington, D.C. in 1927 started by J. Willard and Alice S. Marriott. Following its $13.3 billion acquisition of Starwood Hotels & Resorts in 2016, it became the largest global hotel company. It currently commands a mammoth portfolio of more than two dozen hotel brands such as JW Marriott Hotels, The Ritz-Carlton, The Luxury Collection, Delta Hotels, Marriott Vacation Club, Le Méridien, Sheraton Hotels and Resorts, Courtyard, Fairfield, and W Hotels. Its properties contain nearly a million and a half rooms worldwide. Through its premier loyalty program Bonvoy, it is engaged in partnerships with the likes of United Airlines, Uber, American Express, Hertz, and others to optimize customer engagement.

Podcasts

Marriott and Hilton Compete Over Hotel Fees

Today's podcast looks at Marriott and Hilton's franchise fee battle, Skift's take on Google's latest AI tools, and Spirit's latest strategy for profitability.

Marriott and Hilton Compete Over Hotel Fees

Hotels

Marriott vs. Hilton: A Fee Fight for Hotel Dominance

While analysts fixate on room count and loyalty program growth, the real battle between hotel giants Marriott and Hilton is over the fees they charge owners and credit-card issuers.

Marriott vs. Hilton: A Fee Fight for Hotel Dominance

Daily Lodging Report

Marriott Boosts Quarterly Dividend 21%

In a week filled with earnings news, Marriott’s increased dividend will likely please investors the most. 

Daily Lodging Report

Marriott International Expands Canadian Pipeline

Marriott International has significantly strengthened its presence in Canada, experiencing a 36% increase in hotel-level leisure revenue in 2023.

Airlines

What’s Driving International Gains For Indian Airlines? – India Report

There has been a surge in international travel among Indians, powered by increase in spending power. Indian airlines, to serve this growth in demand, are expanding their operations.

What’s Driving International Gains For Indian Airlines? – India Report

Daily Lodging Report

KKR and Marriott Do 14-Hotel Deal in Japan

KKR and Marriott International announced their entry into Japan's midscale hospitality market, with the conversion of 14 acquired Unizo hotels into Four Points Express by Sheraton.

Hotels

Hotel Earnings: What We Learned This Week – in 2 Minutes

IHG saw U.S. hotel revenue normalize. Marriott plans to launch a new midscale brand. Hyatt aims to expand its all-inclusive resort portfolio. And more.

Hotel Earnings: What We Learned This Week – in 2 Minutes

Podcasts

Airbnb CEO Brian Chesky Reveals Its Big Plans

Today's podcast looks at Airbnb's new product, Marriott's new take on U.S. domestic travel demand, and new opinions on the cost of Vision 2030.

Airbnb CEO Brian Chesky Reveals Its Big Plans

Hotels

MGM Resorts Sees Gains From New Marriott Loyalty Tie-up

MGM Resorts is riding high after a record-breaking first quarter. CEO Bill Hornbuckle's bold bet on a Marriott partnership and on expansion in China and Japan appear to be paying off in spades.

MGM Resorts Sees Gains From New Marriott Loyalty Tie-up

Hotels

Marriott: U.S. Market Is Cooling Amid Global Hotel Boom

Marriott execs cited a "normalization" in domestic U.S. vacation bookings, a potential warning sign for the post-pandemic travel frenzy. Still, with a strong dollar sending Americans overseas and a loyalty program topping 203 million members, Marriott seems well-positioned for a profitable year worldwide.

Marriott: U.S. Market Is Cooling Amid Global Hotel Boom