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MARRIOTT INTERNATIONAL REPORTS MIXED RESULTS FOR 2019, HOPES FOR BETTER RESULTS THIS YEAR

Published On 28 Feb 2020 07:45 AM


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Highlights:

  • Marriott International reported a growth of 1.1 percent year over year in constant dollars to US $112 as its fourth-quarter 2019 system-wide comparable global revenue per available room.
  • Occupancy was reportedly up by 0.8 points to 70.6 percent with the average daily rate down 0.1 percent to value almost US $159.

 

Last year, Marriott added more than 78,....


Tags : business, travel, luxury, tourism, marriot, market, industry, trend, news,
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