Marriott International (NASDAQ:MAR) traded at a new 52-week high today of $146.75. So far today approximately 495,000 shares have been exchanged, as compared to an average 30-day volume of 2.5 million shares.
Marriott operates over 1.4 million rooms across roughly 30 brands. Luxury represents nearly 10% of total rooms, while full service, limited service, and time-shares are 45%, 44%, and 2% of all units, respectively. Marriott, Courtyard, and Sheraton are the largest brands, while Autograph, Tribute, Moxy, Aloft, and Element are newer lifestyle brands. Managed and franchised represent 96% of total rooms. North America makes up 67% of total rooms. Managed, franchise, and incentive fees represent the vast majority of revenue and profitability for the company.
Marriott International has overhead space with shares priced $146.75, or 84.4% below the average consensus analyst price target of $943.71.
In the past 52 weeks, Marriott International share prices are bracketed by a low of $46.56 and a high of $146.75 and is now at $146.75, 215% above that low price.
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