Marriott expects 60 per cent drop in March revenue per room on coronavirus hit [Toronto Globe and Mail (Ontario, Canada)]
Marriott International - Class A (MAR)
Last marriott international - class a earnings: 2/26 04:30 pm
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Source: Toronto Globe and Mail
Marriott expects 60 per cent drop in March revenue per room on coronavirus hit The Palace Hotel, a Marriott luxury property in San Francisco on April 11, 2020. Marriott International, the world’s largest hotel chain, is furloughing most of its American workers. Cayce Clifford/The New York Times News Service The Palace Hotel, a Marriott luxury property in San Francisco on April 11, 2020. Marriott International, the world’s largest hotel chain, is furloughing most of its American workers. Marriott International Inc. on Tuesday estimated a 60 per cent decline in revenue per available room, a key measure of hotel health, in March as the coronavirus crisis brought global travel to a virtual standstill. The company, however, said booking trends were improving in China, where the novel coronavirus originated, as travel restrictions ease and offices slowly reopen. Occupancy in Greater China rose to roughly 20 per cent in the first week of April, Marriott said. But booking trends for the re
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MAR
News
- Marriott International (NASDAQ:MAR) had its price target raised by analysts at Morgan Stanley from $296.00 to $328.00. They now have an "overweight" rating on the stock.MarketBeat
- Marriott International (NASDAQ:MAR) had its price target raised by analysts at Barclays PLC from $276.00 to $320.00. They now have an "equal weight" rating on the stock.MarketBeat
- Kasa enters into a strategic combination with Mint House [Yahoo! Finance]Yahoo! Finance
- Marriott International (NASDAQ:MAR) had its price target raised by analysts at Citigroup Inc. from $285.00 to $345.00. They now have a "neutral" rating on the stock.MarketBeat
- Luxury Group, Marriott International Named Official Hotel Partner of the United States SailGP Team [Yahoo! Finance Canada]Yahoo! Finance Canada
MAR
Earnings
- 11/4/25 - Beat
MAR
Sec Filings
- 1/9/26 - Form 8-K
- 1/5/26 - Form 4
- 1/5/26 - Form 4
- MAR's page on the SEC website