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Honeywell (HON), Marriott Unite to Boost Guest Experience

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Honeywell International Inc. (HON - Free Report) recently entered into a partnership with Marriott International to enhance in-room control and comfort for guests staying at Marriott hotels.

Honeywell and the Marriott Design Lab will analyze various opportunities to test and deploy personalized guestroom control offerings, building on the Honeywell INNCOM product suite, which includes features like guestroom automation, energy management and operational efficiency offerings.

Honeywell and Marriott Design Lab will inspect how a guest’s interactions with technology can affect mood and energy and will predict a guest’s desire to offer them a solution that will be dedicated only to them. The two companies will also work together to create a guestroom experience that is more accessible, customized and inclusive.

“Technology can help create a more intuitive in-room experience for guests. Imagine arriving to your hotel room after a long day of travel and it’s already adjusted to your preferred settings – from temperature, lighting and even the drapes,” said Steve Kenny, vice president and general manager of building management systems, Honeywell Building Technologies. “Together with Marriott, we have an opportunity to create a next-generation guest experience that is intuitive, engaging and authentic. We want travelers to feel like they are not just staying somewhere but have a personalized experience.”

Zacks Rank and Stocks to Consider

HON currently carries a Zacks Rank #3 (Hold). Some better-ranked companies are discussed below:

Deere & Company (DE - Free Report) presently sports a Zacks Rank #1 (Strong Buy). DE’s earnings surprise in the last four quarters was 4.7%, on average. You can see the complete list of today’s Zacks #1 Rank stocks.

In the past 60 days, estimates for Deere & Company’s 2023 earnings have increased 8%. The stock has rallied 12.6% in the past six months.

Ingersoll Rand Inc. (IR - Free Report) presently carries a Zacks Rank #2 (Buy). IR’s earnings surprise in the last four quarters was 8.5%, on average.

In the past 60 days, estimates for Ingersoll Rand’s 2023 earnings have increased 3%. The stock has gained 12.8% in the past six months.

AGCO Corporation (AGCO - Free Report) presently has a Zacks Rank of 2. AGCO’s earnings surprise in the last four quarters was 13.4%, on average.

In the past 60 days, estimates for AGCO’s 2023 earnings have increased 2.2%. The stock has rallied 19.8% in the past six months.

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