Marriott International Inc (OQ:MAR)
Business Focus: Hotels, Motels & Cruise Lines
| Sector: Consumer Cyclicals | Industry: Hotels, Motels & Cruise Lines |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 7750 WISCONSIN AVENUE BETHESDA MD 20814 |
| Tel: | N/A |
| Website: | https://www.marriott.com |
| IR: | See website |
| Key People | ||
| David S. Marriott Chairman of the Board | Peggy Fang Roe Executive Vice President, Chief Customer Officer | Anthony G. Capuano President, Chief Executive Officer, Director |
| Kathleen K. Oberg Chief Financial Officer, Executive Vice President - Business Operations | William P. Brown Group President - United States and Canada | Tina Edmundson President - Luxury |
| Yibing Mao President - Greater China | Benjamin T. Breland Executive Vice President, Chief Human Resources Officer | Drew Pinto Executive Vice President, Chief Revenue and Technology Officer | Rena Hozore Reiss Executive Vice President, General Counsel |
| Business Overview |
| Marriott International, Inc. is an operator, franchisor, and licensor of hotel, residential, timeshare, and other lodging properties under various brand names. The Company's segments include U.S. & Canada, Europe, Middle East, and Africa, Asia Pacific excluding China, and Greater China. Its Classic Luxury hotel brands include JW Marriott, The Ritz-Carlton, and St. Regis. Its Distinctive Luxury hotel brands include The Luxury Collection, W Hotels, EDITION, and Bvlgari. Its Classic Premium brands include Marriott Hotels, Sheraton, Delta Hotels by Marriott, Marriott Executive Apartments, and Marriott Vacation Club. Its Distinctive Premium brands include Westin, Autograph Collection Hotels, Renaissance Hotels, Le Meridien, Tribute Portfolio, Gaylord Hotels and Design Hotels. Classic Select hotel brands include Courtyard, Fairfield, Residence Inn, SpringHill Suites and Protea Hotels. Its Midscale brands include City Express by Marriott and Four Points Express by Sheraton. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Marriott International Inc revenues increased 14% to $23.71B. Net income increased 31% to $3.08B. Revenues reflect U.S. & Canada segment increase of 12% to $17.7B, Occupancy - %, International increase of 19% to 67.9%, Average Daily Room Rate-International increase of 7% to $172. Net income benefited from Total Amort of Intangibles-excl Goodwill decrease of 9% to $104M (expense). |
| Employees: | 148,000 as of Dec 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $80,273M as of Dec 31, 2023 |
| Annual revenue (TTM): | $23,713M as of Dec 31, 2023 |
| EBITDA (TTM): | $4,113M as of Dec 31, 2023 |
| Net annual income (TTM): | $3,083M as of Dec 31, 2023 |
| Free cash flow (TTM): | $2,131M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $11,535M as of Dec 31, 2023 |
| Shares outstanding: | 288,259,108 as of Mar 13, 2024 |
| Index Membership: | S&P 500 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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