With the pandemic behind us and fears of a recession starting to subside, Wall Street expects a big year as the consumer remains resilient, particularly in the travel industry. As the travel sector saw a boom in 2023, many investors look for ways to add great travel plays into their portfolios. As part of Yahoo Finance's Travel Guide 2024: Industry Insights special this week, Yahoo Finance Anchor Bradley Smith breaks down the travel stocks investors need to watch: Delta Air Lines (DAL), Marriott Hotels & Resorts (MAR), and Royal Caribbean Cruises (RCL). Catch more of Yahoo Finance's Travel Guide 2024: Industry Insights special coverage this week, or watch this full episode of Yahoo Finance Live here. Editor's note: This article was written by Nicholas Jacobino
Following its recent announcement of strong global net rooms growth and a record year of global rooms signings, Marriott International today announced a year of robust room signings and additions across the Caribbean and Latin America (CALA) in 2023. The company nearly doubled its number of organic deal signings in the region versus prior year, signing 57 transactions and nearly 7,300 rooms in 2023 to reach a solid pipeline of 24,000 rooms across the region at the end of last year.
Drew Pinto, EVP, Chf. Rev & Technology of Marriott International Inc (NASDAQ:MAR), sold 1,404 shares of the company on February 21, 2024, according to a SEC Filing.