Liebs

Marriott International: Where Is Your Balance Sheet?

MAR is not a typical hotel company. They don't actually own most of their properties so their balance sheet is not AS relevant as other hotel chains. Of course the balance sheet is very important regardless the type of company. But that is why they will tend to concentrate on metrics in their releases more than the other chains. Most analysts accept this, knowing they can find the 10K/Q whenever they need to.