Marriott shares rise after Goldman Sachs upgrade
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 23 2024
0mins
Should l Buy MAR?
Source: SeekingAlpha
Marriott International Inc's stock increased by 3.59%, reaching a 52-week high. This rise follows a buy upgrade from Goldman Sachs, which cited strong consumer demand in the high-end market as a key factor.
The positive movement aligns with broader market strength, as the Nasdaq-100 is down 0.27% and the S&P 500 is down 0.06%. Despite the overall market decline, Marriott's stock benefited from sector rotation, indicating a shift in investor focus towards hospitality stocks.
This upgrade reflects confidence in Marriott's ability to capitalize on robust consumer spending trends, particularly in luxury accommodations. Investors may view this as a positive signal for future performance, especially as the company continues to expand its market presence.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy MAR?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on MAR
Wall Street analysts forecast MAR stock price to fall
14 Analyst Rating
8 Buy
6 Hold
0 Sell
Moderate Buy
Current: 328.860
Low
269.70
Averages
314.26
High
370.00
Current: 328.860
Low
269.70
Averages
314.26
High
370.00
About MAR
Marriott International, Inc. is an operator, franchisor, and licensor of hotel, residential, timeshare, and other lodging properties under various brand names. Its segments include U.S. and Canada, Europe, Middle East, and Africa (EMEA), Greater China, Asia Pacific, excluding China. Its brand portfolio offers a range of brands and lodging offerings in hospitality. Its brands are categorized by style of offering: Classic and Distinctive. The classic brands offer time-honored hospitality for the modern traveler. The distinctive brands offer memorable experiences with a perspective, each of which it groups into four tiers: Luxury, Premium, Select, and Midscale. Its hotel brands include JW Marriott, The Ritz-Carlton, The Luxury Collection, W Hotels, Marriott Hotels, Sheraton, Delta Hotels by Marriott, Marriott Executive Apartments, Courtyard, SpringHill Suites, TownePlace, City Express, Four Points Flex by Sheraton, citizenM, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
91% of Travelers Rely on AI for Trip Planning
- Widespread AI Adoption: According to Klook's survey, 91% of global travelers rely on AI travel planning tools, indicating a growing demand for self-planned trips and a desire for personalized services in the travel industry.
- Trust Issues Persist: Despite the widespread use of AI travel tools, a report by Booking.com reveals that 91% of users have concerns about AI, with only 35% fully trusting its outputs, highlighting a significant challenge in building trust during technological adoption.
- Accuracy Challenges: AI tools often exhibit 'hallucinations', leading to the generation of false information; while some users, like tourism consultant Shyn Yee Ho, report positive experiences, many travelers remain concerned about AI's reliability, which hampers broader adoption.
- Optimistic Industry Outlook: As AI models improve and the industry gradually integrates new tools, experts predict that AI travel planning tools will become increasingly prevalent, with initial issues expected but ultimately leading to a profound impact on the industry.
See More
2026 FIFA World Cup to Boost Multiple Sectors
- Travel Sector Boost: The 2026 FIFA World Cup, hosted across 16 cities in the U.S., Canada, and Mexico, is expected to significantly increase consumer spending in the travel sector, with Marriott International and Hyatt Hotels poised to benefit the most due to their extensive presence in host cities, enhancing their market share.
- Sportswear Sales Surge: Nike and Adidas are projected to see a 3% to 4% increase in global sales during the World Cup, driven by heightened demand for jerseys, footwear, and fan merchandise, as these brands collectively dominate approximately 80% of the global football market, solidifying their leadership.
- Beverage Industry Advantage: Anheuser Busch Inbev, as a global tournament partner, will have exclusive beer rights in stadiums, positioning it as the biggest winner during the World Cup, while other beverage companies like Constellation Brands and Diageo are also expected to benefit from increased consumption.
- Increased Traffic in Dining and Entertainment: Restaurant chains such as Cava, Wingstop, and Starbucks are likely to see higher customer visits during the tournament, particularly during fan gatherings and tourism periods, while TKO Group's On Location business will benefit from the high demand for official VIP hospitality packages.
See More
Canadians Boycott U.S. Goods Amid Tariff Tensions
- Escalating Boycott: Since early 2025, Canadians have expressed anger towards U.S. President Trump's tariff policies and sovereignty claims, leading to a growing number of consumers opting not to purchase American goods, indicating a new social and economic order is forming.
- Changing Consumer Behavior: According to a Leger survey, over 60% of Canadians reported avoiding U.S.-made alcohol and produce, with more than half trying not to buy from U.S. retailers or websites, a trend expected to persist over the next six months.
- Tourism Impact: Canadian air travel to the U.S. has dropped nearly 18%, while car crossings fell 27% year-over-year, significantly impacting U.S. retailers that rely on Canadian tourists, particularly in Maine and North Dakota.
- Tense Economic Relations: The trade relationship between Canada and the U.S. is under strain, with economists warning that the percentage of Canadian imports from the U.S. has hit record lows, potentially affecting Canada's inflation and GDP in the long term.
See More
Old Dominion Freight Line Drops 5.1% Amid Nasdaq 100 Performance
- Stock Performance: Old Dominion Freight Line's stock is down 5.1% today, making it the worst performer in the Nasdaq 100, indicating market concerns about its short-term outlook, which could impact investor confidence.
- Year-to-Date Gains: Despite today's decline, Old Dominion Freight Line has gained 27.5% year-to-date, suggesting that the company has maintained strong growth momentum over the past period, potentially attracting long-term investor interest.
- Market Dynamics: Among other Nasdaq 100 components today, Marriott International is down 4.7%, while Axon Enterprise is up 1.2%, reflecting varied market reactions to different companies, which may indicate distinct challenges and opportunities within the industry.
- Investor Sentiment: The decline in Old Dominion Freight Line's stock may prompt investors to reassess the overall transportation sector, especially in the context of economic fluctuations, potentially leading to broader market adjustments.
See More
Trump Shifts Focus to Cuba After Iran Operations
- Cuba Policy Outlook: Trump indicated during a White House event that he plans to shift focus to Cuba after military operations in Iran, suggesting a potential change in U.S. foreign policy that could impact future U.S.-Cuba relations.
- Military Conflict Context: His comments on Cuba come amid escalating military conflict in the Middle East, highlighting his prioritization of international affairs, which may influence U.S. strategic positioning in Latin America.
- Economic Sanction Effectiveness: Trump claimed that cutting off economic support to Cuba has forced the nation to negotiate, a strategy that could exacerbate Cuba's economic struggles and impact its political stability.
- Political Reactions: Trump's remarks on Cuba received enthusiastic applause from attendees, indicating strong local support in Miami, which may bolster his political backing for future policy implementations.
See More
Iran War Disrupts Global Tourism Industry
- Flight Cancellation Crisis: The U.S. and Israel's attacks on Iran have led to over 20,000 flight cancellations globally, stranding more than 1 million travelers, which poses significant operational challenges for airlines and disrupts the recovery of the global tourism industry.
- Surge in Travel Insurance Demand: Following the outbreak of conflict, inquiries for 'cancel for any reason' travel insurance policies surged 18-fold, indicating heightened consumer concern for travel safety and reflecting market sensitivity to uncertainty.
- Hotel Industry Impact: The Fairmont The Palm hotel in Dubai suffered damage due to the conflict, although no guests were harmed, such incidents could tarnish the hotel's reputation and affect future booking rates, especially with the upcoming World Cup.
- Airlines Adjust Routes: For instance, Australia's Qantas has been forced to alter its flight paths to include refueling stops, which, while allowing for an increase in passenger numbers, also raises operational costs, potentially leading to higher ticket prices and further impacting consumer travel choices.
See More
91% of Travelers Rely on AI for Trip Planning
- Widespread AI Adoption: According to Klook's survey, 91% of global travelers rely on AI travel planning tools, indicating a growing demand for self-planned trips and a desire for personalized services in the travel industry.
- Trust Issues Persist: Despite the widespread use of AI travel tools, a report by Booking.com reveals that 91% of users have concerns about AI, with only 35% fully trusting its outputs, highlighting a significant challenge in building trust during technological adoption.
- Accuracy Challenges: AI tools often exhibit 'hallucinations', leading to the generation of false information; while some users, like tourism consultant Shyn Yee Ho, report positive experiences, many travelers remain concerned about AI's reliability, which hampers broader adoption.
- Optimistic Industry Outlook: As AI models improve and the industry gradually integrates new tools, experts predict that AI travel planning tools will become increasingly prevalent, with initial issues expected but ultimately leading to a profound impact on the industry.
See More
2026 FIFA World Cup to Boost Multiple Sectors
- Travel Sector Boost: The 2026 FIFA World Cup, hosted across 16 cities in the U.S., Canada, and Mexico, is expected to significantly increase consumer spending in the travel sector, with Marriott International and Hyatt Hotels poised to benefit the most due to their extensive presence in host cities, enhancing their market share.
- Sportswear Sales Surge: Nike and Adidas are projected to see a 3% to 4% increase in global sales during the World Cup, driven by heightened demand for jerseys, footwear, and fan merchandise, as these brands collectively dominate approximately 80% of the global football market, solidifying their leadership.
- Beverage Industry Advantage: Anheuser Busch Inbev, as a global tournament partner, will have exclusive beer rights in stadiums, positioning it as the biggest winner during the World Cup, while other beverage companies like Constellation Brands and Diageo are also expected to benefit from increased consumption.
- Increased Traffic in Dining and Entertainment: Restaurant chains such as Cava, Wingstop, and Starbucks are likely to see higher customer visits during the tournament, particularly during fan gatherings and tourism periods, while TKO Group's On Location business will benefit from the high demand for official VIP hospitality packages.
See More
Canadians Boycott U.S. Goods Amid Tariff Tensions
- Escalating Boycott: Since early 2025, Canadians have expressed anger towards U.S. President Trump's tariff policies and sovereignty claims, leading to a growing number of consumers opting not to purchase American goods, indicating a new social and economic order is forming.
- Changing Consumer Behavior: According to a Leger survey, over 60% of Canadians reported avoiding U.S.-made alcohol and produce, with more than half trying not to buy from U.S. retailers or websites, a trend expected to persist over the next six months.
- Tourism Impact: Canadian air travel to the U.S. has dropped nearly 18%, while car crossings fell 27% year-over-year, significantly impacting U.S. retailers that rely on Canadian tourists, particularly in Maine and North Dakota.
- Tense Economic Relations: The trade relationship between Canada and the U.S. is under strain, with economists warning that the percentage of Canadian imports from the U.S. has hit record lows, potentially affecting Canada's inflation and GDP in the long term.
See More
Old Dominion Freight Line Drops 5.1% Amid Nasdaq 100 Performance
- Stock Performance: Old Dominion Freight Line's stock is down 5.1% today, making it the worst performer in the Nasdaq 100, indicating market concerns about its short-term outlook, which could impact investor confidence.
- Year-to-Date Gains: Despite today's decline, Old Dominion Freight Line has gained 27.5% year-to-date, suggesting that the company has maintained strong growth momentum over the past period, potentially attracting long-term investor interest.
- Market Dynamics: Among other Nasdaq 100 components today, Marriott International is down 4.7%, while Axon Enterprise is up 1.2%, reflecting varied market reactions to different companies, which may indicate distinct challenges and opportunities within the industry.
- Investor Sentiment: The decline in Old Dominion Freight Line's stock may prompt investors to reassess the overall transportation sector, especially in the context of economic fluctuations, potentially leading to broader market adjustments.
See More
Trump Shifts Focus to Cuba After Iran Operations
- Cuba Policy Outlook: Trump indicated during a White House event that he plans to shift focus to Cuba after military operations in Iran, suggesting a potential change in U.S. foreign policy that could impact future U.S.-Cuba relations.
- Military Conflict Context: His comments on Cuba come amid escalating military conflict in the Middle East, highlighting his prioritization of international affairs, which may influence U.S. strategic positioning in Latin America.
- Economic Sanction Effectiveness: Trump claimed that cutting off economic support to Cuba has forced the nation to negotiate, a strategy that could exacerbate Cuba's economic struggles and impact its political stability.
- Political Reactions: Trump's remarks on Cuba received enthusiastic applause from attendees, indicating strong local support in Miami, which may bolster his political backing for future policy implementations.
See More
Iran War Disrupts Global Tourism Industry
- Flight Cancellation Crisis: The U.S. and Israel's attacks on Iran have led to over 20,000 flight cancellations globally, stranding more than 1 million travelers, which poses significant operational challenges for airlines and disrupts the recovery of the global tourism industry.
- Surge in Travel Insurance Demand: Following the outbreak of conflict, inquiries for 'cancel for any reason' travel insurance policies surged 18-fold, indicating heightened consumer concern for travel safety and reflecting market sensitivity to uncertainty.
- Hotel Industry Impact: The Fairmont The Palm hotel in Dubai suffered damage due to the conflict, although no guests were harmed, such incidents could tarnish the hotel's reputation and affect future booking rates, especially with the upcoming World Cup.
- Airlines Adjust Routes: For instance, Australia's Qantas has been forced to alter its flight paths to include refueling stops, which, while allowing for an increase in passenger numbers, also raises operational costs, potentially leading to higher ticket prices and further impacting consumer travel choices.
See More
