$MAR

Marriott International (MAR) reported a 12% year-over-year decline in Middle East RevPAR in July, improving from a 43% drop in Q2. Global room revenue rose 7%, with U.S. and Canada up 8%. The Middle East, 3% of global fees and 6% of development pipeline, remains a risk due to conflict. Marriott's asset-light model and strong demand trends support its outlook.

Marriott filed a trademark for a 'Marriott Bonvoy Brilliant Business' credit card, suggesting a premium business card is in development. The card, a collaboration with American Express, is expected to have a high annual fee and features similar to the Bonvoy Brilliant personal card. No release date has been announced.

Marriott International and InterContinental Hotels Group (IHG) are expanding in Xinjiang, China, with new Ritz-Carlton, Westin, and InterContinental properties. The region is experiencing a tourism boom, with 323 million visits in 2025, up 8% year-on-year. Despite Western accusations, foreign investment is increasing, with a 21.97% rise in new foreign-funded enterprises in 2025.

Marriott International (MAR) signed an agreement with CP Group to open three new hotels in New Zealand by 2029, including its first Marriott Hotels property in Rotorua and Autograph Collection hotels in Auckland and Wellington. The deal expands Marriott's presence in the region, with plans to renovate existing buildings. Marriott currently operates two hotels in New Zealand and has two more planned for 2027.

Spotnana and Marriott International have launched a direct integration, allowing corporate travelers to access real-time pricing, inventory, and property details across 10,000 Marriott properties. The integration also enables verified loyalty linking with Marriott Bonvoy, providing personalized shopping experiences and streamlined booking management.

Marriott CEO Anthony Capuano reported that Middle East hotel revenue declines narrowed to 12% YoY in July, improving from a 43% drop in Q2, despite ongoing regional conflicts. Global room revenue rose 7%, with U.S. and Canada up 8%. Capuano noted strong travel demand but warned of project delays due to supply chain issues. Marriott adjusted its full-year net unit growth targets downward.

Marriott International and CG Hospitality Global plan to develop 100 Series by Marriott hotels in Greater China over the next decade. The first four properties are expected to open by the end of 2026. The partnership aims to meet growing demand for quality accommodation and provide additional choices for Marriott Bonvoy members.

Marriott (MAR) has underperformed Hilton (HLT) with a 14.3% gain over the past year. Analysts rate MAR stock as 'Moderate Buy' with a $384.33 average price target, implying 14.4% upside.

Marriott International and The Coca-Cola Company have formed a global partnership to enhance guest experiences by offering Coca-Cola beverages across Marriott's hotels. The agreement includes a wide range of drinks and will be rolled out worldwide. According to the companies, this collaboration aims to improve beverage options and create memorable moments for travelers.

Target Hospitality (TH) reported Q2 revenue of $85.46M, up 38.7% YoY, beating estimates. Hilton Grand Vacations (HGV) reported $1.36B revenue, up 7.3% YoY, missing estimates. Marriott (MAR) reported $7.07B revenue, up 4.8% YoY, lagging expectations. Carnival (CCL) reported $6.66B revenue, up 5.3% YoY, meeting expectations. TH stock is up 11.3%, while HGV, MAR, and CCL stocks are down 18%, 10.6%, and 15.3% respectively since reporting.