The hotel industry can be closely tied to factors in the market such as job security, overall market trends, and companies that are vacation destinations. For this article, we will focus on the company of Marriott, which is one of the well known brands in the hotel industry. Hotels are not only used for staying they night, many business will hold conferences at these hotels, bringing in hundreds of people from out of town. Certainly this company is affected when the economy slows because people no longer wish to travel and would rather save their money for the needs in life. [more
Marriott International Inc (MAR) is traded on NASDAQ in USA. It is located in MARYLAND, U.S.A and employs 177,000 people. Marriott International is listed under Restaurants Hotels Motels category by Fama And French industry classification.The company currently falls under 'Large-Cap' category with total capitalization of 50.49 B. Marriott International Inc runs under Services
sector within Hotels Travel And Leisure
industry. This company has 364.58 M outstanding shares of which 1.5 K shares are now shorted by investors with about 0.14 days to cover shorted positions.
MARRIOT INT CL A has about 383 M in cash with 2.48 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.07.
Check Marriott International Probability Of Bankruptcy