Welcome to our dedicated page for Marriott Intl news (Ticker: MAR), a resource for investors and traders seeking the latest updates and insights on Marriott Intl stock.
Marriott International (MAR) is a global hospitality leader operating iconic hotel brands across 140+ countries. This news hub provides investors and industry professionals with timely updates on corporate developments, strategic partnerships, and market performance.
Access official press releases, earnings reports, and analysis of MAR's asset-light business model, including franchise expansions and Marriott Bonvoy loyalty program enhancements. Our curated collection simplifies tracking of operational milestones across luxury, premium, and select-service hotel categories.
Discover updates on leadership changes, sustainability initiatives, and international market entries that shape MAR's position in the competitive lodging sector. Bookmark this page for streamlined monitoring of financial disclosures and brand portfolio developments critical to informed hospitality industry analysis.
The Ritz-Carlton has launched its first-ever fashion collection in collaboration with Madrid-based menswear label Late Checkout. The capsule collection, titled 'Late Checkout: A Ritz-Carlton Story', features nine luxury pieces that blend The Ritz-Carlton's iconic branding with Late Checkout's hotel-inspired aesthetic.
The collection includes co-branded tailored jackets, V-neck sweaters, and white tees, all designed to offer a balance of sophistication and casual wearability. To support the launch, a campaign film directed by Rogelio and produced by Little Spain features actor Josh Hutcherson, showcasing The Ritz-Carlton's legendary service in a playful, narrative-driven format.
The collection will be available from October 1, 2024, on The Ritz-Carlton Shops and in China, with a retail experience at The Ritz-Carlton, Amelia Island starting October 19.
Sands China and Marriott International are set to introduce the first Luxury Collection Hotel in Macao. The Londoner Grand, located within The Londoner® Macao, aims to offer guests a unique blend of British charm and Macanese culture. Designed by Peter Silling & Associates, the hotel features Georgian-inspired architecture with elegant rooms and suites reminiscent of London's Mayfair district.
The hotel will add 2,405 rooms and suites to The Londoner Macao, along with five new dining concepts. These include Hampton Court (international and Chinese buffet), Chelsea Garden (all-day dining), The Conservatory (dim sum, tearoom, confectionery, and British pub), and two signature Chinese restaurants. This expansion aims to enhance The Londoner Macao's position as a premier resort destination for both business and leisure travelers, supporting Macao's status as a World Centre of Tourism and Leisure.
Marriott International and Sands China have signed an agreement to introduce The Luxury Collection brand to Macao. The Londoner Grand, a Luxury Collection Hotel, Macao is set to open in January 2025, offering 2,405 rooms and suites designed with Georgian-inspired architecture. Located on the Cotai Strip, the hotel will be near key attractions and feature five distinct dining concepts.
The hotel's interior design, led by Peter Silling & Associates, will emphasize elegant spaces with traditional paneling, linear headboards, and marble bathrooms. Suites will be decorated with art inspired by London's Mayfair district, and some will include terraces, kid rooms, media rooms, and private pools.
This collaboration between Marriott International and Sands China aims to elevate Macao's luxury hospitality landscape and expand The Luxury Collection's footprint in the region.
The Ritz-Carlton has opened its first property in Morocco, The Ritz-Carlton Rabat, Dar Es Salam. Located in the capital city of Rabat, this luxurious palace hotel is set within 440 hectares of forest and gardens, near the Royal Golf Dar Es Salam. The property features:
- 100 guestrooms and 17 suites with private terraces
- Multiple dining options including a Mediterranean Brasserie and a speakeasy bar
- A Ritz-Carlton Spa with ten massage rooms and two couple's suites
- A state-of-the-art fitness center and access to the prestigious Royal Golf Dar Es Salam
- Extensive meeting and event spaces, including a Grand Ballroom
The hotel's design blends Arab-Andalusian architecture with modern luxury, featuring intricate craftsmanship and opulent decor throughout.
The Ritz-Carlton Yacht Collection has launched Ilma, its second luxury superyacht, marking a significant expansion in the ultra-luxury yachting experience. The 790-foot vessel features 224 suites with private terraces and accommodates up to 448 guests. Ilma boasts five dining venues, including restaurants conceptualized by MICHELIN-starred chefs Fabio Trabocchi and Michael Mina, seven bars, and a wine vault.
The yacht offers innovative amenities such as an extensive Marina and Marina Terrace, a dynamic open-air space on Deck 10, and The Ritz-Carlton Spa. Ilma's inaugural season includes voyages in the Mediterranean, Caribbean, and Northern Europe, with stops at exclusive destinations. The launch reinforces The Ritz-Carlton's commitment to setting new benchmarks in luxury travel at sea.
Marriott International has been named in the Top 5 of the 2024 PEOPLE® Companies that Care List, marking its fifth consecutive year on the list and highest placement at number four. This recognition highlights Marriott's commitment to its sustainability and social impact platform, Serve 360: Doing Good in Every Direction.
Key achievements include:
- Pledges to hire 3,000 refugees in the U.S. and Europe by 2026, with over 1,600 already hired
- Mobilization during disasters, including $5.5 million in support for Maui wildfire relief efforts
- Providing daily lunches and essential supplies for students and staff in West Maui schools
- Supporting humanitarian relief efforts during crises like the 2023 earthquakes in Türkiye and Syria
This accolade follows Marriott's inclusion in the 100 Best Companies to Work For® list earlier this year.
Marriott International's (Nasdaq: MAR) President and CEO Anthony Capuano is set to speak at the 2024 Bank of America Gaming and Lodging Conference on September 5 at approximately 9:20 a.m. Eastern Time. The event will be webcast live and accessible via Marriott's investor relations website. The webcast will remain available until November 5, 2024.
Marriott International, headquartered in Bethesda, Maryland, boasts a portfolio of about 9,000 properties across more than 30 brands in 141 countries and territories. The company operates and franchises hotels and licenses vacation ownership resorts globally, offering the Marriott Bonvoy® travel program to its customers.
The Ritz-Carlton, Naples has unveiled an expanded Ritz Kids program aimed at fostering environmental awareness among young guests aged 5 to 12. The reimagined experience features a new Ritz Kids Room with interactive walls, demonstration stage, and aquariums, designed to spark curiosity about coastal Florida's ecosystem. Daily themed activities cover topics like Sea Creatures, Wildlife, and Shoreline, developed in partnership with the Conservancy of Southwest Florida.
The program includes complimentary tours of the Conservancy's Nature Center and electric boat tours of the Gordon River. Additional family activities at the resort include guided shelling tours and access to The Reservoir waterpark at The Ritz-Carlton Naples, Tiburón.
Marriott International (NASDAQ: MAR) has announced a long-term licensing agreement with Sonder Holdings Inc. (NASDAQ: SOND), expected to add over 10,500 rooms to Marriott's portfolio. The agreement will create a new collection called 'Sonder by Marriott Bonvoy', primarily consisting of apartment-style accommodations in urban markets. This addition is set to boost Marriott's full year 2024 net rooms growth to 6-6.5%.
Key points:
- Over 9,000 rooms to be added to Marriott's portfolio by year-end 2024
- Approximately 1,500 rooms to be added to Marriott's pipeline
- Marriott will receive a royalty fee based on a percentage of Sonder's gross room revenues
- Marriott Bonvoy members expected to earn and redeem points at Sonder properties later this year
- Full integration with Marriott's digital channels anticipated in 2025
Marriott International has reached a significant milestone with the opening of its 9,000th property, The St. Regis Longboat Key Resort in Florida. This luxury beachfront resort, spanning 18 acres, features 168 guestrooms, including 26 suites, and 69 private branded residences. The opening underscores Marriott's industry-leading luxury portfolio and continued global growth.
The resort offers exceptional amenities, culinary experiences, and the St. Regis brand's signature service. It marks the largest development on Longboat Key in over 50 years. Marriott's luxury portfolio now includes 522 hotels and resorts across 7 brands in 72 countries, with a pipeline of 233 signed projects.
To celebrate this milestone, Marriott is offering 9,000 Marriott Bonvoy points for guests who book at the St. Regis Longboat Key from August 16 to August 18, 2024.
