the company marriott has a lot of hotels where people can sleep and have fun. a lot of people like to stay at marriott hotels because they have a special club called bonvoy that lets them get cool things like free drinks and snacks. marriott is growing and building more hotels and clubs to make more people happy. but they are worried because in china, where there are a lot of people and big cities with marriott hotels, not many people want to stay in the hotels. if people don't want to stay in the hotels, marriott won't make much money and that would make everyone sad. Read from source...

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bullish

Source:

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the good and the bad about Marriott International, Inc. (MAR) stock
#### MAR's prospects appear to be mainly positive, but challenges in China demand attention.
Marriott International, Inc. (MAR) is an appealing stock, benefiting from strong leisure demand, an ever-growing loyalty program and expansion efforts. In addition, Marriott's focus on hotel conversions is showing significant promise. However, soft domestic demand in China is a cause for concern, which could potentially affect the company's overall performance.

Marriott has been achieving remarkable growth, as evidenced by its impressive global RevPAR growth of 5% in second-quarter 2024. This was due to a 3% increase in the average daily rate and a 150-basis point rise in occupancy, reaching 73%. Furthermore, Marriott's net rooms grew by 6% YoY. This growth, however, was mainly driven by group business, which accounted for 24% of worldwide room nights and saw RevPAR rise by 10% YoY.

The company has also been expanding its Bonvoy loyalty program, which now boasts over 210 million members. The program's global room night penetration reached 71% in the United States and Canada and 65% worldwide. In addition, partnerships with Rakuten in Japan, Alibaba in China and Rappi in CALA have continued to drive strong international Bonvoy enrollments.

Another positive factor for Marriott is the company's continuing efforts to convert hotels, representing 37% of openings and 32% of signings in Q2 2024. Construction starts in the United States and Canada rose by 40% YoY in Q2 2024, reflecting growing development momentum.

Despite these positive aspects, Marriott's shares have declined by 4.8% in the past three months, while the industry has only seen a 0.8% fall. The primary reason for this downside is the soft domestic demand in China, which primarily impacted Marriott's Greater China RevPAR, which dropped approximately 4% due to macroeconomic pressures and weaker local demand.

Overall, Marriott International, Inc. (MAR) is a stock that is worth retaining, thanks to its impressive growth prospects and strategic initiatives. However, investors should remain cautious about the company's exposure to weaker demand in China and keep a close eye on developments in the region.

### KATIE:
Marriott International, Inc. (MAR) stock: An investment with growth prospects and challenges
#### Marriott's robust growth is appealing, but China's soft demand is a cause for concern.
Marriott International, Inc. (MAR) is an attractive investment, driven by robust leisure demand, an ever-growing loyalty program, and strategic expansion efforts. Moreover, the company's focus on hotel conversions bodes well for its future performance. However, soft domestic demand in China is a concern that could potentially affect its overall performance.

Marriott has been achieving remarkable growth, as evidenced by its impressive global RevPAR growth of 5