MAR
Marriott International (NASDAQ: MAR) announced plans to launch branded apartment rentals at its W Cleveland...
Article Summary
HOLD- Marriott International (NASDAQ: MAR) announced plans to launch branded apartment rentals at its W Cleveland project, expected to open in 2027, offering 227 rental apartments alongside 200 hotel rooms in the $218 million Erieview Tower redevelopment in downtown Cleveland.
- Residents will access hotel-style amenities including 24-hour concierge, doorman, bellman, spa, fitness center, rooftop bar, ballroom, and exclusive W Hotels events, while guests will share a spa and fitness center.
- The move highlights Marriott's willingness to experiment as it scales its branded residences portfolio beyond traditional hotel-to-condo hybrid models.
- Marriott International, continues expanding its branded residential strategy across Las Vegas, Hollywood, New York City, and Hoboken, while Hilton recently launched its Apartment Collection by Hilton, signaling a broader shift toward luxury rental living for renters.
Free users see 3 BUY signals per day. Premium unlocks all of them, plus instant email alerts.
See Plans
Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 4.7% | 25% | 20.0 ptsMinimal (4.7%) - Very weak |
| EPS Growth Next 5Y ? | 13.0% | 25% | 35.0 ptsBelow Screener (13.0%) - Modest outlook |
| Target Price Upside ? | 5.9% | 20% | 35.0 ptsBelow Screener (5.9%) - Target: $388.74 vs Current: $366.93 |
| Gross Margin % ? | 19.6% | 15% | 20.0 ptsThin (19.6%) - Low-margin business |
| Drawdown from 52-Wk High ? | -10.7% | 15% | 40.0 ptsMild Pullback (-10.7%) - Light entry opportunity |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About MAR
- Marriott International, Inc. engages in the operation, franchising, and licensing of hotel, residential, timeshare, and other lodging properties in the United States, Canada, Europe, the Middle East, Africa, Greater China, the Asia-Pacific, and internationally.
- The company operates properties under the JW Marriott, The Ritz-Carlton, The Luxury Collection, W Hotels, St.
- Regis, EDITION, Bvlgari, Marriott Hotels, Sheraton, Westin, Autograph Collection, Renaissance Hotels, Le Méridien, Delta Hotels by Marriott, MGM Collection with Marriott Bonvoy, Tribute Portfolio, Gaylord Hotels, Design Hotels, Marriott Executive Apartments, Apartments by Marriott Bonvoy, Courtyard by Marriott, Fairfield by Marriott, Residence Inn by Marriott, SpringHill Suites by Marriott, Four Points by Sheraton, TownePlace Suites by Marriott, Aloft Hotels, AC Hotels by Marriott, Moxy Hotels, Element Hotels, Protea Hotels by Marriott, citizenM, City Express by Marriott, and Four Points Flex by Sheraton brands.
- It also operates residences, timeshares, and yachts.
- The company was formerly known as New Marriott MI, Inc. and changed its name to Marriott International, Inc. in May 1998.
- Marriott International, Inc. was founded in 1927 and is headquartered in Bethesda, Maryland.