Marriott International, Inc. is based in Bethesda, Maryland, USA, and encompasses a portfolio of nearly 8,300 properties under 30 leading brands spanning 138 countries and territories. Marriott operates and franchises hotels and licenses vacation ownership resorts all around the world.
Marriott has been gaining from pent-up leisure demand, reopening international borders, and lenient travel restrictions. Throughout the fourth quarter of 2022, the company witnessed a steady increase in demand in the United States, Canada, the Middle East, and Africa regions. The company benefited from robust leisure demand and business and cross-border travel improvements.
The long-term uptrend is more likely to continue, with a next price target of $ 180- $ 195 resistance level
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
Marriott has been gaining from pent-up leisure demand, reopening international borders, and lenient travel restrictions. Throughout the fourth quarter of 2022, the company witnessed a steady increase in demand in the United States, Canada, the Middle East, and Africa regions. The company benefited from robust leisure demand and business and cross-border travel improvements.
The long-term uptrend is more likely to continue, with a next price target of $ 180- $ 195 resistance level
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.