Marriott International (LTS:0JYW) Management Fees (USD Mil) : 0.00 (As of . 20)

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What is Marriott International Management Fees (USD Mil)?

Management Fees (USD Mil) of hospitality usually include the salary of managers. A lower management fee is better.

The historical rank and industry rank for Marriott International's Management Fees (USD Mil) or its related term are showing as below:

LTS:0JYW's Management Fees (USD Mil) is not ranked ^*
in the Travel & Leisure industry.
Industry Median:
* Ranked among companies with meaningful Management Fees (USD Mil) only.

Marriott International Management Fees (USD Mil) Historical Data

The historical data trend for Marriott International's Management Fees (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Marriott International Management Fees (USD Mil) Chart

Marriott International (LTS:0JYW) Management Fees (USD Mil) Explanation

Management Fees (USD Mil) are one of the major costs for hospitality businesses.

Base management fees should be set so that they compensate managers for their cost of doing business, including overhead and base salaries. This is compensation for showing up to work and thus, should not be a source of profit for management companies as it generally is now. Usually, base management fees are approximately 1.0% to 2.0% of total revenue for most hotels, depending on size, or a duly considered flat fee.

Since it is a cost, a lower management fee is better. However, we also need to measure its effectiveness. Management’s effectiveness is evidenced by two primary results: the ability to generate an appropriate share of top line revenue within the relevant competitive market (in other words, to produce the highest possible level of Revenue per Available Room (USD)); and to convert that revenue into as much sustainable cash flow available to the owner (net operating income, or NOI) as possible.

Marriott International Management Fees (USD Mil) Related Terms

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Marriott International (LTS:0JYW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Marriott International Inc (LTS:0JYW) » Definitions » Management Fees (USD Mil)

Comparable Companies

Traded in Other Exchanges

MAR:USA MAR:Mexico 1MAR:Italy MAQ:Germany M1TT34:Brazil MAR:Austria

Address

7750 Wisconsin Avenue, Bethesda, MD, USA, 20814

Website

https://www.marriott.com

Marriott operates 1.6 million rooms across roughly 30 brands. At the end of 2022, luxury represented roughly 10% of total rooms, while full service and limited service were about 40% and 50%, respectively. Marriott, Courtyard, and Sheraton are the largest brands, while Autograph, Tribute, Moxy, Aloft, and Element are newer lifestyle brands. Managed and franchised represent 99% of total rooms as of Sept. 30, 2023. North America makes up two thirds of total rooms. Managed, franchise, and incentive fees represent the vast majority of revenue and profitability for the company.

Marriott International (LTS:0JYW) Headlines

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