10 Best Leisure and Recreation Services Stocks to Buy Now

5. Marriott International Inc. (NASDAQ:MAR)

Number of Hedge Fund Holders: 60        

One of the largest hotel chains in the world and the Best Leisure Stocks, Marriott International Inc. (NASDAQ:MAR) boasts a portfolio of over 8,000 hotels in 140 countries. The company oversees 1.7 million rooms under nearly 30 brands. By the end of 2023, 10% of all rooms were classified as luxury, 42% as premium, 46% as select service, 1% as midscale, and 1% as other. The more recent lifestyle brands are Autograph, Tribute, Moxy, Aloft, and Element; the most well-known are Sheraton, Marriott, and Courtyard.

The cost and hassle of owning the majority of its properties are not borne by Marriott International Inc. (NASDAQ:MAR). Rather, it runs an asset-light company that generates revenue through managing properties and brand licensing. More than 200 million members make up the firm’s enormous loyalty program, which keeps guests returning.

Marriott International Inc. (NASDAQ:MAR) has benefited from strong travel demand, as seen by increases in occupancy and revenue in 2023 and 2024. It is a great option for long-term value because of its scope and size.

In the third quarter of 2024, Marriott International Inc. (NASDAQ:MAR) recorded approximately a 6% year-over-year net room increase due to ongoing development. Group RevPAR increased 10%, with 2025 group revenues tracking 7% higher, while Global RevPAR rose 3%, backed by 2.5% ADR growth. The EMEA and APAC areas, excluding China, saw a noteworthy 9% growth in international RevPAR, which rose 5% overall. Marriott Bonvoy achieved a record quarter for enrollments, reaching over 219 million members. A record 585,000 rooms were added to the development pipeline, a 5% increase driven by substantial conversion activity.

Terry Smith’s Fundsmith LLP was the largest stakeholder in the company among the funds in Insider Monkey’s database. It owns 4.27 million shares worth $1.06 billion as of Q3.