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MARNASDAQ/consumer discretionary

Marriott International, Inc.

$362.87下跌-13,24 (-3,52%)
研究复核截至: 2026年7月12日 上午12:00 [UTC]
研究概览近 3 个月价格投资论点关键催化剂最新财报研究近期新闻数据与研究来源

研究概览

Marriott International, Inc. operates in Hotels, Resorts and Cruise Lines within the consumer discretionary sector. This profile tracks its company-specific earnings drivers, valuation conditions, and primary-source risks.

Abertura
375,83
Máxima
378,07
Mínima
361,73
Valor de mercado
95,68 bi
P/L
38.00
Máxima de 52 semanas
--
Dividendo
0.780%
Dividendo trimestral
--

近 3 个月价格

這裡展示近 3 個月價格走勢，幫助使用者先理解短期結構，再決定是否進入完整研究工作台。

投资论点

基础情景
Conversions and new construction can expand the fee base with limited owned-real-estate capital. The base case remains conditional on travel-cycle sensitivity staying manageable.
多头情景
Conversions and new construction can expand the fee base with limited owned-real-estate capital. Loyalty scale can drive direct bookings, owner value and co-branded card economics. Luxury demand and underpenetrated international markets can broaden fee growth.
空头情景
Recession, geopolitical disruption or weaker corporate travel can reduce room rates and occupancy. High financing, labor or renovation costs can delay openings and strain franchise relationships. Cyber incidents, privacy rules or loyalty-program cost inflation can damage the asset-light model.
论点失效条件
Reassess the thesis if recession, geopolitical disruption or weaker corporate travel can reduce room rates and occupancy.

关键催化剂

  • Net rooms growth

    Conversions and new construction can expand the fee base with limited owned-real-estate capital.

  • Bonvoy ecosystem

    Loyalty scale can drive direct bookings, owner value and co-branded card economics.

  • Luxury and international mix

    Luxury demand and underpenetrated international markets can broaden fee growth.

主要风险

  • Travel-cycle sensitivity

    Recession, geopolitical disruption or weaker corporate travel can reduce room rates and occupancy.

  • Owner economics

    High financing, labor or renovation costs can delay openings and strain franchise relationships.

  • Data and loyalty liabilities

    Cyber incidents, privacy rules or loyalty-program cost inflation can damage the asset-light model.

最新财报研究

Q1 2026

Marriott's first-quarter update highlighted global room growth, a large development pipeline and fee-driven earnings, while regional travel demand remained uneven.

估值解读

  • Marriott's asset-light premium depends on converting its pipeline into openings while preserving owner returns.
  • Fee durability should be tested against travel cyclicality and the cash cost of loyalty obligations.

同行比较入口

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近期新闻

Insider Monkey · há 11 horas

Jim Cramer Believes Marriott Vacations “Is a Long-Term Winner” But Prefers Marriott Hotels

Marketing Dive · há 14 horas

M+C Saatchi NA launches entertainment arm as branded content booms

Hotel Management Network · há 18 horas

Hotel boom masks growing pressure on property owners

Simply Wall St. · há 3 dias

Coca Cola (KO) Stock May Be 10% Below Fair Value Despite India IPO Plans

GuruFocus.com · há 3 dias

Amazon, Microsoft and Meta Among HSBC Earnings Picks

MT Newswires · há 3 dias

Marriott, Hilton Second-Quarter RevPAR Could Top Guidance, UBS Says

数据与研究来源

研究更新: 2026年7月12日 上午12:00 [UTC]
3 个已核验来源
Marriott International Reports First Quarter 2026 ResultsMarriott International, Inc. · earnings已核验

抓取时间: 2026/7/12 上午12:00:00 [UTC]

发布时间: 2026/5/5 上午12:00:00

查看原始来源
Marriott International, Inc. Investor RelationsMarriott International, Inc. · company已核验

抓取时间: 2026/7/12 上午12:00:00 [UTC]

查看原始来源
Marriott International, Inc. SEC filingsU.S. Securities and Exchange Commission · filing已核验

抓取时间: 2026/7/12 上午12:00:00 [UTC]

发布时间: 2026/5/5 上午12:00:00

查看原始来源

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