Marriott Expands Portfolio With Debut Launch of StudioRes Fort Myers

Marriott International, Inc. MAR has marked the debut of its midscale extended stay segment with the exemplary opening of the very first StudioRes hotel, StudioRes Fort Myers, in Florida.Through this debut, Marriott opens the gateway for the launch of more than 40 StudioRes properties across the US and Canada, which are anticipated to open by the end of 2027.MAR stock inched down 1% during yesterday’s trading hours but inched up 0.2% in the after-hours.Marriott’s Debut LaunchPenned two years ago, StudioRes is a thoughtfully curated stay concept, catering to a diversified bunch of travelers, including those on long-term work trips, construction projects, relocations and more.With nightly rates ranging about $100 per night, this all-studios 124-key property offers a smart extended stay experience to its travelers. The amenities include studio-style rooms favorable for a single or double bed, a lounging area and a kitchen with a full-sized refrigerator. Furthermore, communal spaces, outdoor patios and fitness centers add to the essence of the property.Located near the Southwest Florida International Airport, StudioRes Fort Myers offers travelers eye-catching touristy areas, including Sanibel and Captiva Island, nature and wildlife at Manatee Park, Lakes Park and The Caloosahatchee River, alongside other tourist activities.Moreover, StudioRes properties will eventually be included in Marriott’s top-tier travel program, Marriott Bonvoy, ensuring members get the opportunity to earn and redeem points for their stay across the properties.Marriott Leveling Up Its PortfolioMarriott is a leading company in the luxury and lifestyle space, which includes more than 30 brands that own nearly 9,500 properties in 144 countries and territories as of March 2025. The company’s extensive portfolio and strong brand position allow it to charge a premium room rate in the highly competitive lodging industry. With brand portfolios grouped into luxury, premium, select, midscale and residencies, Marriott can cater to the diversified needs of its customers globally. Some renowned brand names include JW Marriott, The Ritz-Carlton, Marriott Hotels, Sheraton, Delta Hotels, Residence Inn, Fairfield by Marriott, SpringHill Suites and many more.MAR’s efforts to strengthen its presence outside the United States, especially in Asia, Latin America, the Middle East and Africa, are encouraging. Notably, European pipelines have grown consistently in the recent past and are expected to continue going forward. At the end of the first quarter of 2025, Marriott's development pipeline totaled 3,808 hotels with approximately 587,000 rooms. More than 244,000 rooms were under construction.Image Source: Zacks Investment ResearchShares of this worldwide hospitality company focused on lodging management and franchising have gained 5.6% in the past month, outperforming the Zacks Hotels and Motels industry’s 3.7% growth. Its focus on the expansion of its diversified portfolio globally is expected to foster growth in the upcoming period against the favorable travel demand backdrop.MAR’s Zacks Rank & Key PicksMarriott currently carries a Zacks Rank #3 (Hold).Here are some better-ranked stocks from the Consumer Discretionary sector.Fox Corporation FOX currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks Rank #1 stocks here.The company has a trailing four-quarter earnings surprise of 26.8%, on average. The stock has gained 10.6% in the year-to-date period. The Zacks Consensus Estimate for Fox Corp.’s fiscal 2025 sales and earnings per share (EPS) implies growth of 15.3% and 32.4%, respectively, from the year-ago levels.JAKKS Pacific, Inc. JAKK currently sports a Zacks Rank of 1. The company has a trailing four-quarter negative earnings surprise of 283.4%, on average. The stock has tumbled 30.4% year to date.The Zacks Consensus Estimate for JAKKS Pacific’s 2025 sales and EPS indicates growth of 2.1% and 9.5%, respectively, from the year-ago levels.Stride, Inc. LRN currently sports a Zacks Rank of 1. The company has a trailing four-quarter earnings surprise of 94.7%, on average. The stock has hiked 52.4% in the year-to-date period.The Zacks Consensus Estimate for Stride’s fiscal 2025 sales and EPS indicates an increase of 16.7% and 51.2%, respectively, from the year-ago levels.Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is among the most innovative financial firms. With a fast-growing customer base (already 50+ million) and a diverse set of cutting edge solutions, this stock is poised for big gains. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Marriott International, Inc. (MAR): Free Stock Analysis Report JAKKS Pacific, Inc. (JAKK): Free Stock Analysis Report Stride, Inc. (LRN): Free Stock Analysis Report Fox Corporation (FOX): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks