Marriott InternationalNASDAQ: MAR

10-hotel collection with more than 220,000 square feet of meeting space and more than 3,300 guest rooms band together to create convention center destination 10-hotel collection with more than 220,000 square feet of meeting space and more than 3,300 guest rooms band together to create convention center destination

Marriott CEO Anthony Capuano mentioned that families with lower incomes are eager to travel and are looking for affordable options. He made these comments while in Japan for the launch of the company's midscale brand, Four Points Flex by Sheraton, in the Asia-Pacific region (excluding China).

Marriott International is doing well in its business and expanding, according to CEO Anthony Capuano, who spoke to CNBC on Monday. He mentioned that despite layoffs and slow tourism in China, there is strong demand and high occupancy rates in places like Japan, the Middle East, and Western Europe, which are helping the company's global growth.

Marriott International highlights its strong position in branded residences and luxury development by revealing a robust residential pipeline in the EMEA region. At the Resort and Residential Forum in Athens, Greece, the company announced that it has 70 projects in total, which includes 43 signed projects and 27 that are already open. This shows Marriott's commitment to expanding its branded residential offerings in Europe, the Middle East, and Africa.

Marriott International has celebrated a major achievement in Japan by opening its 100th hotel, the Four Points Flex by Sheraton Osaka Umeda. This launch also introduces the Four Points Flex brand to the Asia Pacific region, excluding China, in partnership with global investment firm KKR. This event highlights Marriott's ongoing focus on expanding in the affordable midscale market.

ANCHORAGE, Alaska--(BUSINESS WIRE)-- #anchoragealaska--Affinity Hospitality has announced that The Courtyard by Marriott Midtown Anchorage is expected to open in Spring 2026. After the official groundbreaking in June, the hotel will include a modern lobby and the newest room designs, providing options for both business and leisure travelers to enhance their experience. The project is supported by financing partners Northri.

RENO-SPARKS, Nev. & FRISCO, Texas--(BUSINESS WIRE)--Galaxy Hotels Group, located in Frisco, Texas, has opened a new Courtyard by Marriott in Reno Sparks, northern Nevada. This marks the sixth hotel that Galaxy has established in Nevada.

ST. MICHAEL, Barbados, Nov. 05, 2024 (GLOBE NEWSWIRE) -- At the 2024 World Travel Market (WTM) in London, Blue Diamond Resorts is excited to share that the highly anticipated Royalton CHIC Barbados will become part of Marriott International's prestigious Autograph Collection when it opens as an adults-only resort in Spring 2026. This announcement comes after the recent news of its launch and represents a major advancement in providing unique, high-quality experiences in the Caribbean.

Marriott International MAR announced disappointing financial results for the third quarter and provided adjusted EPS guidance for FY24 that is lower than expected on Monday.