Latest news about Marriott International
Here are some of the most recent media mentions. Use them in your sales prospecting to qualify a prospect's buyer intent and personalize outreach with the latest company updates
Marriott International is undergoing a significant organizational overhaul to save $80-90 million annually starting in 2025, focusing on expanding its midscale segment with the City Express by Marriott brand and enhancing its loyalty program, Bonvoy, which now has 219 million members. The company added 16,000 net rooms, reaching a global room count of 1.67 million, and forecasted 6.5% room growth for 2024[1][3].
Marriott International has lowered its 2024 profit forecast due to weak domestic travel demand in the U.S. and China, adjusting the full-year adjusted profit to $9.19-$9.27 per share. Revenue per available room (RevPAR) declined by 8.4%, reflecting a challenging competitive landscape[2].
Marriott International reported a third-quarter 2024 increase in global RevPAR by 3.0%, with international RevPAR rising 5.4% driven by gains in APEC and EMEA. Group bookings were a highlight, with global group RevPAR up 10%, while leisure travel RevPAR remained flat year-over-year. The company's development pipeline reached a record 585,000 rooms, and net rooms grew nearly 6% over the last four quarters[5].
Open job positions at Marriott International
This company is actively hiring to fill these roles. Use this for sales prospecting if your solution assists, augments, or provides an alternative for the growing team and position.
Wine Director - Dorado Beach, a Ritz-Carlton Reserve (20028763)
Director Sales & Marketing
Coord-Marketing