Marriott (MAR) vs Hilton (HLT): Which is a Better Stock to Buy

Marriott International, Inc. (NASDAQ:MAR) and Hilton Worldwide Holdings Inc. (NYSE:HLT) barely own any hotels. Both mostly rent out their names, collect a royalty on someone else’s building, and let a franchisee carry the cost of the carpets. That makes them closer to licensing businesses than to property companies. Two numbers decide which is worth more. […]