H vs MAR: Correlation
Measured on weekly returns over the past three years, Hyatt Hotels Corporation (H) and Marriott International (MAR) carry a correlation of 0.81, a very strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are H and MAR?
Across a 3-year window, the weekly returns of H and MAR correlate at 0.81, very strong, meaning they move nearly in lockstep. Little has changed lately, as the 1-year reading of 0.77 lands near the 3-year figure. Stretching to 5 years gives 0.84, with an annualized covariance of 591.8 %².
MAR is one of the assets that tracks H most closely: it ranks #1 out of the 10 assets we track against H. The trailing year gives MAR the advantage: +20.0% versus +32.3%, a 12.3-point spread.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
H vs MAR: side by side
| H (Hyatt Hotels Corporation) | MAR (Marriott International) | |
|---|---|---|
| 1-year return | +20.0% | +32.3% |
| 5-year return | +139.1% | +173.2% |
| Volatility (ann.) | 29.7% | 24.6% |
| Beta vs S&P 500 | 1.09 | 0.97 |
| Max drawdown (3Y) | -37.3% | -30.5% |
| Market cap | $16.3B | $92.3B |
| P/E (trailing) | 216.6 | 36.7 |
| Dividend yield | 0.34% | 0.76% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | H | MAR |
|---|---|---|
| 2022 | -5.7% | -9.3% |
| 2023 | +44.8% | +53.1% |
| 2024 | +20.9% | +24.9% |
| 2025 | +2.6% | +12.3% |
| 2026 | +8.3% | +14.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are H and MAR good diversifiers for each other?
No: a correlation of 0.81 means H and MAR tend to fall together, which is precisely when diversification is supposed to help.
FAQ
What is the correlation between H and MAR?
The H/MAR correlation stands at 0.81 on a 3-year window (1 year: 0.77, 5 years: 0.84), computed from weekly returns as of 2026-08-27.
Is MAR a good diversifier for H?
No: a correlation of 0.81 means H and MAR tend to fall together, which is precisely when diversification is supposed to help.
What does a correlation of 0.81 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/h-vs-mar.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/h-vs-mar/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: H correlations · MAR correlations
