Marriott Debuts in Philadelphia Navy Lawn

Leading hotelier Marriott International, Inc. (NASD: MAR) is consistently endeavoring to expand its global presence. Since 2009, the company’s hotel system size has increased 12%. Marriott includes a substantial development pipeline and is ready to benefit from the increase in demand with regard to hotels, going forward.

At the end of third-quarter 2013, Marriott International maintained or franchised 3, 883 accommodations properties worldwide, with 670, 507 rooms. Additionally , 144, 000 areas were in the development pipeline.

Courtyard by Marriott, among the world class luxury brands of Marriott, recently announced the opening of a property or home — Courtyard Philadelphia South in the Navy Yard — in Philadelphia, PA. The opening not only enhances the extensive luxury hotels portfolio but additionally marks Marriott’s entry into Philadelphia.

Strategically positioned in Philadelphia Navy Yard at 1001 Intrepid Avenue, the 172-rooms hotel is a 5-storey luxurious property. Courtyard Philadelphia South is in proximity to Philadelphia Sports Complex, Philadelphia International Airport, Philadelphia Art Museum, Philadelphia Zoo plus City Hall. The hotel functions world-class amenities like spa, fitness center, restaurants and pool bar, especially for business travelers. We believe the hotel’s strategic location will improve both leisure and business vacation in the area.

Courtyard simply by Marriott consists of distinctive properties plus resort locations across the world. Currently, the hotelier operates 977 hotels beneath the brand, which mainly caters to business travelers, in more than 20 countries.

Marriott carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the hotels sector include Hyatt Hotels Corp. (NYSE: H), Starwood Hotels & Resorts Worldwide Inc. (NYSE: HOT) and Wyndham Worldwide Corp. (NYSE: WYN). All these companies carry a Zacks Rank #2 (Buy).

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Leading hotelier Marriott International, Inc. (NASD: MAR) is consistently trying to broaden its global presence. Since this year, the company’s hotel system dimension has increased 12%. Marriott has a substantial development pipeline and is poised to benefit from the increase in demand for resorts, going forward.

At the end of third-quarter 2013, Marriott International managed or franchised 3, 883 lodging properties worldwide, with 670, 507 areas. Additionally , 144, 000 rooms were in the development pipeline.

Courtyard by Marriott, one of the world class luxury brands of Marriott, recently introduced the opening of a property — Courtyard Philadelphia South at The Navy Yard — in Philadelphia, PA. The opening not only enhances the extensive luxury hotels portfolio but also signifies Marriott’s entry into Philadelphia.

Strategically positioned in Philadelphia Navy Yard at 1001 Intrepid Method, the 172-rooms hotel is a 5-storey luxurious property. Courtyard Philadelphia South is in proximity to Philadelphia Sports activities Complex, Philadelphia International Airport, Philadelphia Artwork Museum, Philadelphia Zoo and City Hall. The hotel features world class amenities like spa, fitness center, restaurants and pool bar, especially for business travelers. We believe the hotel’s strategic location will boost both leisure and business travel in the area.

Courtyard by Marriott consists of distinctive properties and holiday resort locations across the world. Currently, the hotelier operates 977 hotels under the brand name, which mainly caters to business tourists, in more than 20 countries.

Marriott carries a Zacks Rank #3 (Hold). Some better-ranked shares in the hotels sector include Hyatt Hotels Corp. (NYSE: H), Starwood Hotels & Resorts Globally Inc. (NYSE: HOT) and Wyndham Globally Corp. (NYSE: WYN). All these companies carry a Zacks Rank #2 (Buy).

See the Full Research Report on MAR
Read the Full Research Report on HOT
Read the Complete Research Report on WYN
Read the Full Research Report upon H

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