Marriott's lower FY25 outlook led to a decline in share prices. The company anticipates 2%-4% RevPAR growth for FY25.
Marriott International gave weaker-than-expected guidance, and shares fell from their record closing high set yesterday.
Marriott said in the fourth quarter of 2024 it drove revenue higher on increased prices and occupancy, especially from international travel.
Hotel operator Marriott International forecast 2025 profit below Wall Street estimates on Tuesday, hurt by poor performance ...
Marriott International delivers Q4 earnings beat, boosted by strong demand, despite facing regional and cost-related challenges.
Says all regions had better RevPAR growth than expected in Q4. Says leisure was fastest growing customer segment. Says “pleased with solid ...
Marriott International Inc.’s guidance for net rooms growth in 2025 proved softer than some analysts expected, driving shares lower in trading Tuesday.
Jefferies maintained a Hold rating on Marriott International (NASDAQ:MAR) shares, with a consistent price target of $295.00. The firm's analysis acknowledged the hotel chain's fourth-quarter ...
Tariffs on steel and aluminum could raise the price of new cars by $2,000, and erode the profits of U.S.-based auto makers.