Expansion OpportunitiesMarriott will target independent conversions in EMEA/APAC and branded conversions in USA, representing opportunities of thousands of hotels.
Growth StrategyMarriott is beginning to push into the Midscale segment, launching four new Midscale brands, which is expected to accelerate growth.
Market PerformanceMAR reported 2Q24 EBITDA of $1,324m, which was slightly above the consensus and guidance.