Marriott International Inc Class A

MAR: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$142.00	Lvnd	Ytrsyvxcq

Marriott Earnings: Demand Still Traveling Higher as MGM Deal Supports Brand Advantage

Dan Wasiolek

Aug 1, 2023

We plan to increase our Marriott fair value estimate to around $190 per share from $184 due to slightly higher 2023 demand and time value. We see shares as slightly overvalued.

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