Marriott International and Alibaba Are Beginning a New Relationship
In this Market Foolery segment, host Chris Hill, Million Dollar Portfolio's Jason Moser, and Stock Advisor Canada's Taylor Muckerman consider the win-win value of the new deal between Marriott (NASDAQ: MAR) and Alibaba (NYSE: BABA) Group. For the internet behemoth, the more services it can offer, the greater its allure to customers, and the bigger its network effect. For the world's biggest hotelier, the agreement gives it a new point of entry from a massive and growing market.
A full transcript follows the podcast.
Source: Fool.com
Marriott International Inc. Stock
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With a target price of 220 € there is a slightly positive potential of 3.6% for Marriott International Inc. compared to the current price of 212.35 €.