Marriott International Inc logo

Marriott International Inc - Class A

NAS:MAR (USA)   Class A
$ 239.54 +2.13 (+0.9%) 11:39 AM EST
Market Cap:
$ 69.05B
Enterprise V:
$ 80.84B
Volume:
311.23K
Avg Vol (2M):
1.43M
Also Trade In:
Volume:
311.23K
Avg Vol (2M):
1.43M

Business Description

Marriott International Inc logo
Marriott International Inc
NAICS : 721110 SIC : 7011
ISIN : US5719032022

Share Class Description:

MAR: Class A
Description
Marriott operates 1.6 million rooms across roughly 30 brands. At the end of 2023, luxury represented roughly 10% of total rooms, premium 42%, select service was 46%, midscale 1%, and other 1%. Marriott, Courtyard, and Sheraton are the largest brands, while Autograph, Tribute, Moxy, Aloft, and Element are newer lifestyle brands. Managed and franchised represented 97% of total rooms as of Dec. 31, 2023. North America makes up 63% of total rooms. Managed, franchise, and incentive fees represent the vast majority of revenue and profitability for the company.