
Marriott (MAR) Stock Forecast & Price Target
Marriott (MAR) Analyst Ratings
Bulls say
Marriott International demonstrates a positive financial outlook, characterized by a 2% year-over-year increase in domestic RevPAR, indicating robust performance in luxury hotels compared to select service properties, driven by group and business travel demand. For fiscal year 2024, the company forecasts a system-wide RevPAR growth of 3%-4% alongside a net rooms growth of approximately 6.5%, supported by its asset-light business model and a strong pipeline for embedded growth. Additionally, anticipated cost savings of $80-$90 million in annual pretax G&A starting in 2025 further enhance the company's financial resilience and operational efficiency, solidifying Marriott's position as a compelling investment amid a favorable economic environment.
Bears say
The analysis indicates a negative outlook for Marriott International's stock due to factors related to economic performance and profitability. A prolonged economic downturn may adversely impact the company's sector performance, which is reflected in the 3Q Global RevPar figures that show modest growth across customer segments, particularly a zero percent increase in leisure transient revenue. Additionally, despite leaving its 2024 RevPar guidance unchanged, Marriott lowered its EBITDA outlook by 1% at the midpoint, highlighting concerns around the company's efficiency in converting investments into earnings, as evidenced by weak profitability ratios like ROE and ROA.
This aggregate rating is based on analysts' research of Marriott and is not a guaranteed prediction by Public.com or investment advice.
Marriott (MAR) Analyst Forecast & Price Prediction
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