Marriott’s (MAR) second quarter 2010 earnings were ahead of the Zacks Consensus Estimate, reflecting a higher-than-expected RevPAR growth, particularly in North America. The company has also raised its fiscal year 2010 outlook.

In recent months, the entire industry has started showing signs of RevPAR improvement. Going forward, the company’s strong pipeline, significant international exposure, solid balance sheet, lower operating cost structure, favorable pricing, a larger platform with more rooms and increased market share augur well for its earnings.

Additionally, considering the reviving lodging industry and increasing occupancy rate, we expect the top-line improvement to gain momentum going forward. Hence, we are upgrading the stock from Neutral to Outperform.

Zacks Investment Research

1. (MAR) Marriott International Earnings PreviewMarriott International Inc. (MAR), a leading worldwide hospitality company primarily focusing on property management and...
2. (MAR) Marriott International Moves to Double Chinese PropertiesMarriott International Inc. (MAR), a leading worldwide hospitality company with a primary focus on property...
3. (MAR) Marriott International Has Been on FireA stock that has really been on fire is Marriott International, Inc. (MAR) which operates...
4. (MAR) Marriott International to Double European PropertiesAccording to the Wall Street Journal, Marriott International Inc. (MAR) is planning to more than...
5. (MAR) Marriott International Lifts Revenue per Room OutlookMarriott International Inc. (MAR) has provided a better outlook for its North American hotels for...
6. (MAR) Marriott International Provides Better GuidanceMarriott International Inc. (MAR) has provided a better guidance for the fourth quarter of 2009....

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