Properties

Marriott International signs agreement to bring W Hotels to Al Marjan Island in Ras Al Khaimah

Marriott International, Inc., today announced it has signed an agreement with Dalands Holding in collaboration with Marjan, the master-developer of freehold properties in Ras Al Khaimah, to bring W Hotels to Al Marjan Island. Slated to open in Q1 2027, W Al Marjan Island is anticipated to mark W Hotels first property in the emirate of Ras Al Khaimah bringing bold design, outstanding service and always-on programming.

Marriott International
Global News

Marriott International and University of Maryland SAFE Center announce nationwide rollout of Hospitality training curriculum for survivors of trafficking

In recognition of World Day against Trafficking in Persons on July 30, Marriott International and the University of Maryland Support, Advocacy, Freedom, and Empowerment Center for Human Trafficking Survivors (the SAFE Center) today announced the nationwide expansion of Future in Training (FiT) Curriculum that seeks to equip survivors of human trafficking interested in embarking on careers in hospitality with necessary information and resources. The national rollout will span 11 metropolitan areas throughout the continental United States and is expected to train up to 150 survivors by July 2024.

Marriott International
Global News

Marriott International reports second quarter 2023 results and raises full year outlook

Anthony Capuano, President and Chief Executive Officer, said, “With continued momentum in demand for global travel, we posted another quarter of outstanding results. Second quarter worldwide RevPAR increased 13.5 percent, aided by significant growth in all of our international regions, where RevPAR rose 39 percent. Greater China rebounded quickly once travel restrictions were lifted in January, with second quarter RevPAR surpassing pre-pandemic levels.

Marriott International
Global News

Marriott International’s strong conversion activity helps drive robust growth in the Caribbean and Latin America

Hotel conversions continue to have real momentum in the Caribbean and Latin America (CALA) region and in recent years have become an important growth driver for Marriott International. Hoteliers and investors are leveraging the efficiencies and advantages of renovating and rebranding existing properties, further expanding the breadth of Marriott’s portfolio, consisting of 31 global brands.

Marriott International
Global News

Marriott International and MGM Resorts International announce long-term license agreement

Marriott International, Inc. (Nasdaq: MAR) and MGM Resorts International (NYSE: MGM) announced today an exclusive long-term strategic licensing agreement and the creation of MGM Collection with Marriott Bonvoy, which will launch in October 2023, and encompass 17 of MGM’s unrivaled resorts, representing more than 40,000 rooms in Las Vegas and other cities across the U.S.

Marriott International
Global News

Marriott International announces release date for second quarter 2023 earnings

Marriott International, Inc. will report second-quarter 2023 earnings results on Tuesday, August 1, 2023, at approximately 7:00 am Eastern Time (ET). The company will hold a conference call for the investment community on Tuesday, August 1, 2023, at 8:30 am ET. Marriott International’s President and Chief Executive Officer, Anthony Capuano, as well as Chief Financial Officer and Executive Vice President, Development, Leeny Oberg, will discuss the company’s performance.

Marriott
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