Marriott: The Future Is China

8/11/17

Investment Thesis

While Marriott (MAR) is still valued at the high end of its 52-week range, it still has room to grow. Marriott's joint venture with Alibaba (BABA) will allow it increased access to the Chinese market and improve on their digital structure, something that I don't believe has been factored into their stock price yet.

Overview

Marriott International is a Maryland based multinational hospitality company that manages and franchises hotel and lodging facilities. They currently have the largest market share in the global hotel and resorts industry at 6.7%. They own and operate over one million rooms around the world across 124 countries. Marriott also has multiple subsidiaries, including Starwood, Sheraton, Ritz-Carlton, and Westin Hotels and Resorts.

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