MAR' ersus Flagship Brand within Bangalore

Marriott Worldwide Incorporated. (MAR), unveiled a property under its Marriott Accommodations & Resorts brand name in Bangalore, Indian, on Feb 4, 2013. Called as Bengaluru Marriott Resort Whitefield, the hotel marks the debut of Marriott Accommodations & Resorts brand name in the city.

Located strategically, in proximity to Bengaluru International Airport and city centre, Bengaluru Marriott Resort Whitefield is situated in Whitefield, a major IT as well as economic hub within India. Hence, the hotel taking pleasure in a prime location, is ready to serve company as well as leisure travelers.

Bengaluru Marriott Resort Whitefield featuring as much as 324 guestrooms and 17 suites including 1 presidential suite, also has a meeting place covering an area of 10, 000 sq . ft. The actual hotel also comprises restaurant, café, health spa and fitness center services.

Marriott’s expansion plan in Bangalore is mainly driven by the city’s strong company growth, especially in the IT industry and an increasing food business.

This hotel launch is in line with the company’s strategy to extend its impact in Indian. Marriott Accommodations & Resorts brand name currently owns and works 500 hotels across fifty four countries with five attributes in Indian.

Previously, in The month of january, the company released Shanghai Marriott Resort Pudong East, a Marriott Accommodations & Resorts top quality property in Shanghai in china, China, in colaboration with Shanghai in china Hengchang Industry Company., Limited. With this inclusion, the brand is currently operating 14 resorts in China.

Marriott presently carries a Zacks Rank #3 (Hold). The business is scheduled to report its fourth-quarter and full year 2012 results on February 19, 2013.

Yet another hotel company Wyndham Globally Corporation (WYN) lately declared its fourth quarter 2012 adjusted earnings of 63 cents per share, in front of the Zacks Consensus Estimate of 60 pennies per share and up 34% year more than year. Wyndham presently carries a Zacks Rank #2 (Buy).

There are many other hoteliers who are also trying to expand their businesses further such as The actual Marcus Corporation (MCS) and Option Hotels International Incorporated. (CHH) that carry a Zacks Rank #1 (Strong Buy) and a Zacks Rank #2 (Buy), correspondingly.

Browse the Full Research Report on WYN

Browse the Full Research Report on MAR

Browse the Full Research Report on CHH

Browse the Full Research Report on MCS

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Marriott Worldwide Incorporated. (MAR), unveiled a property under its Marriott Accommodations & Resorts brand name in Bangalore, Indian, on Feb 4, 2013. Called as Bengaluru Marriott Resort Whitefield, the hotel marks the debut of Marriott Accommodations & Resorts brand name in the city.

Located strategically, in proximity to Bengaluru International Airport and city centre, Bengaluru Marriott Resort Whitefield is situated in Whitefield, a major IT as well as economic hub within India. Hence, the hotel taking pleasure in a prime location, is ready to serve company as well as leisure travelers.

Bengaluru Marriott Resort Whitefield featuring as much as 324 guestrooms and 17 suites including 1 presidential suite, also has a meeting place covering an area of 10, 000 sq . ft. The actual hotel also comprises restaurant, café, health spa and fitness center services.

Marriott’s expansion plan in Bangalore is mainly driven by the city’s strong company growth, especially in the IT industry and an increasing food business.

This hotel launch is in line with the company’s strategy to extend its impact in Indian. Marriott Accommodations & Resorts brand name currently owns and works 500 hotels across fifty four countries with five attributes in Indian.

Previously, in The month of january, the company released Shanghai Marriott Resort Pudong East, a Marriott Accommodations & Resorts top quality property in Shanghai in china, China, in colaboration with Shanghai in china Hengchang Industry Company., Limited. With this inclusion, the brand is currently operating 14 resorts in China.

Marriott presently carries a Zacks Rank #3 (Hold). The business is scheduled to report its fourth-quarter and full year 2012 results on February 19, 2013.

Yet another hotel company Wyndham Globally Corporation (WYN) lately declared its fourth quarter 2012 adjusted earnings of 63 cents per share, in front of the Zacks Consensus Estimate of 60 pennies per share and up 34% year more than year. Wyndham presently carries a Zacks Rank #2 (Buy).

There are many other hoteliers who are also trying to expand their businesses further such as The actual Marcus Corporation (MCS) and Option Hotels International Incorporated. (CHH) that carry a Zacks Rank #1 (Strong Buy) and a Zacks Rank #2 (Buy), correspondingly.

Browse the Full Research Report on WYN

Browse the Full Research Report on MAR

Browse the Full Research Report on CHH

Browse the Full Research Report on MCS

Zacks Investment Research

More From Zacks. com

  • Browse the analyst report on WYN, MAR, CHH, MCS

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