Marriott Will Get Past the Coronavirus

Marriott International (NASDAQ: MAR) has taken it on the chin over the last month, with shares down some 40% in that time. That's not surprising, with the novel coronavirus pandemic leading to warnings about large group gatherings and many individuals and companies halting travel. The Centers for Disease Control recommended that sponsors cancel events with 250 or more people and issued a list of things for people to consider before embarking on a trip.

Obviously, more people staying home translates into fewer bookings at Marriott's properties for the foreseeable future. I know the uncertainty makes it difficult for investors, but Marriott's business should be able to withstand the economic pressure better than its peers.

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Source Fool.com