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4-Traders Homepage  >  Equities  >  Nasdaq  >  Marriott International Inc    MAR

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Marriott International : Le Méridien Hotels & Resorts debuts in Shenyang

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12/08/2017 | 09:49am CET

Le Méridien Shenyang, Heping Photo: Courtesy of Le Méridien Shenyang, Heping

Le Méridien Hotels & Resorts, subordinate to Marriott International, announced the opening of Le Méridien Shenyang, Heping, on November 28, marking the first Le Méridien property in Northeast China. Through the Le Méridien brand's "Destination Unlocked" mission and its distinct filters of discovery - destination, culture and cuisine, Le Méridien Shenyang, Heping is set to present unexpected and engaging experiences to creative-minded travelers. "As the brand's 15th property in China and the first branded property in the northeast, this hotel is illustrative of the brand's robust growth over the past several years, hitting its stride with guests and locals as well as owners and developers in the region," said Stephen Ho, chief executive officer in China, Marriott International. "Shenyang has historically been a titan of heavy industries, and in recent years, with the development of the tertiary industry in the city, the level of the high-end consumption has ranked top nationwide. The uncompromising economic growth of the city, as well as a strategic location in the city center, is ideal for the debut of Le Méridien Shenyang, Heping, offering an opportunity for global travelers to unlock this dynamic destination." Le Méridien Shenyang, Heping offers 296 elegant rooms and suites promising a chic abode for discovery. All guestrooms feature high-speed Wi-Fi access, 55-inch flat-screen TV and a separate and inviting deep-soaking tub and rain shower. After waking up in the hotel's signature Le Méridien bed, customers will be able to meet the day ahead full of energy. Le Méridien Shenyang, Heping also features the brand's signature Le Méridien Hub™ , a reinterpretation of the traditional hotel lobby that acts as a gathering place for creative minds to debate and exchange with a sip of illy coffee, an Italian coffee that is expertly prepared by the hotel's creative master barista. By night, guests and locals can converse at the hub with Le Méridien sparkling cocktails.Le Méridien Hub™ will further forge an art sensation experience by displaying exclusive artwork co-forged by Le Méridien Hotel and rare art from "Ai Mei Midsummer." The artwork is inspired by local dancing handkerchiefs of the Chinese folk art - Northeast Song and Dance Duet. The dance symbolizes the bold spirit and culture of the locals.As the most vital gateway city in the northeast, Shenyang not only occupies an important transportation junction position but also has deep cultural and historical marks. Le Méridien Shenyang, Heping is located in the prosperous city center Taiyuan Street business circle, providing relaxing and convenient exploring conditions for guests. "Le Méridien Shenyang, Heping provides an inspirational platform for travelers in a cosmopolitan and cultural setting, helping guests embark on a journey of multifaceted discoveries," said Brian Povinelli, global brand leader for Le Méridien Hotels & Resorts. "Through the brand signature programs and experiences that the hotel uniquely offers, we are thrilled to connect travelers to the city of Shenyang."Global Times

(c) 2017 Global Times. All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ($)
Sales 2017 22 695 M
EBIT 2017 2 501 M
Net income 2017 1 556 M
Debt 2017 8 114 M
Yield 2017 1,00%
P/E ratio 2017 31,70
P/E ratio 2018 26,36
EV / Sales 2017 2,43x
EV / Sales 2018 2,32x
Capitalization 47 148 M
Chart MARRIOTT INTERNATIONAL INC
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Marriott International Inc Technical Analysis Chart | MAR | US5719032022 | 4-Traders
Technical analysis trends MARRIOTT INTERNATIONAL INC
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Mean consensus OUTPERFORM
Number of Analysts 25
Average target price 127 $
Spread / Average Target -1,6%
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Managers
NameTitle
Arne M. Sorenson President, Chief Executive Officer & Director
John Willard Marriott Executive Chairman
Kathleen Kelly Oberg Chief Financial Officer & Executive Vice President
Bruce Hoffmeister Global Chief Information Officer
Lawrence W. Kellner Lead Independent Director
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