Marriott International Stock News

A solid earnings report indicates just the start of the hotel industry''s recovery.

Marriott International Inc. disclosed Tuesday that it had 120,000 employees at the end of 2021, including 97,000 employees in the U.S., according to the hotel operators 10-K filing with the Securities and Exchange Commission. That''s down 0.8% from 121,000 employees at the end of 2020, which included 98,000 U.S. employees. The hotel operator''s workforce has now declined 31.0% in two years, from 174,000 in pre-pandemic 2019. The company also reported earlier Tuesday 2021 revenue of $13.86 billion, up 31.1% from 2020 but down 33.9% from 2019. The stock surged 5.0% in afternoon trading toward a record close. It has run up 15.6% over the past three months, while the S&P 500 has lost 4.7%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

US stocks remained higher toward the end of trading session on Tuesday after Russia announced it would pull back some troops positioned on the Ukrainian border. The Dow traded up 1.16% to 34,967.84 while the NASDAQ rose 2.10% to 14,082.29. The S&P also rose, gaining, 1.41% to 4,463.58. Check out this: Executives Buy Around $93M Of 3 Stocks Leading and Lagging Sectors Information technology shares climbed 1.9% on Tuesday. Meanwhile, top gainers in the sector included Information Technology (NASDAQ: TSEM ), up 42% and Sabre Corporation (NASDAQ: SABR ) up 21%. In trading on Tuesday, energy shares tumbled by 1.7%. Top Headline Marriott International, Inc. (NASDAQ: MAR ) reported better-than-expected results for its fourth quarter. Marriott International reported quarterly earnings of $1.30 per share, exceeding market estimates of $0.99 per share. The company’s quarterly sales came in at $4.45 billion, versus estimates of $3.98 billion. Equities Trading UP Tower Semiconductor Ltd. (NASDAQ: TSEM ) shares shot up 42% to $47.03.

Marriott Intl (NASDAQ: MAR ) has outperformed the market over the past 5 years by 1.77% on an annualized basis. Buying $1,000 In MAR: 5 years ago, an investor could have purchased 11.19 shares of Marriott Intl at the time with $1,000. This investment in MAR would have produced an average … Full story available on Benzinga.com

A whale with a lot of money to spend has taken a noticeably bullish stance on Marriott Intl . Looking at options history for Marriott Intl (NASDAQ: MAR ) we detected 17 strange trades. If we consider the specifics of each trade, it is accurate to state that 52% of the investors opened trades with bullish expectations and 47% with bearish. From the overall spotted trades, 4 are puts, for a total amount of $224,600 and 13, calls, for a total amount of $2,191,442. What''s The Price Target? Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $100.0 to $185.0 for Marriott Intl over … Full story available on Benzinga.com

A solid earnings report indicates just the start of the hotel industry's recovery.

NEW YORK: Wall Street stocks bounced early Tuesday after Russia signaled a more conciliatory posture in the Ukraine crisis while investors shrugged off evidence of intensifying US inflation. Russia said it was pulling back some of its forces near the Ukrainian border to their bases, in what could be the first major step towards de-escalation after weeks of tensions with the West. Meanwhile, the Labor Department reported its producer price index rose one percent, seasonally adjusted, in January, twice what analysts had forecast. The report comes amid broad investor anxiety over a shift in Federal Reserve monetary policy, with multiple interest rate hikes expected in 2022. Asian markets drop on Fed rate fears as US inflation rages About 15 minutes into trading, the Dow Jones Industrial Average was up 1.4 percent to 35,039.14. The broad-based S&P also gained 1.4 percent to 4,465.24, while the tech-rich Nasdaq Composite Index jumped 1.8 percent to 14,036.59. Marriott International jumped 4.7 percent as the hotel chain reported $468 million in quarterly profits, up from a loss in the year-ago period as revenues more than doubled on the shifting Covid-19 pandemic.

Marriott International Inc (NASDAQ: MAR ) reported fourth-quarter FY21 sales growth of 105% year-on-year, to $4.45 billion, beating the analyst consensus of $3.98 billion. Comparable systemwide constant dollar RevPAR declined 19.0% worldwide, 15.3% in the U.S. & Canada, and 28.2% in international … Full story available on Benzinga.com

Marriott International Inc. MAR, +5.13% disclosed Tuesday that it had 120,000 employees at the end of 2021, including 97,000 employees in the U.S., according to the hotel operators 10-K filing with th

Find out what's helping the stock market on Tuesday.

Marriott International’s fourth-quarter results surpassed market expectations, as expected.

Marriott International Inc''s fourth-quarter results topped Wall Street estimates, as increasing vaccination rates and holiday-season traffic boosted occupancy rates across its hotels, sending the company''s shares up over 3% in premarket trade.

Marriott International (MAR) pushed higher in early trading on Tuesday after the hotel operator sailed past consensus expectations with its Q4 earnings report

Consumer stocks to consider ahead of January's retail sales data.