Sector Snap: Hotel Companies Advance

Marriott shares rose 54 cents, or 2.4 percent, to $22.97. During the past 52 weeks, the stock has traded between $11.88 and $34.66.

His only "Sell" rating in the sector is on Gaylord Entertainment Co., which owns a network of meetings-focused resorts and country music's Grand Ole Opry. Kent noted that Gaylord's contracts are typically booked one to three years in advance so discounts offered now may weigh on results over a longer-term period.

Gaylord's stock also rose, gaining 21 cents to $13.79.