Marriott
Marriott trims 2024 profit forecast on sluggish China domestic travel demand
MARRIOTT International cut its annual profit forecast on Monday (Nov 4) as weak domestic travel in China overshadows strong group and international demand, sending its shares down 3.4 per cent in earl...
KKR buys 14 hotels in Japan, converts them to midscale Sheraton properties
The properties are expected to open under the Four Points Express by Sheraton brand in H2 2024
Marriott boosts full-year profit view after mixed Q1 results
HOTEL operator Marriott International raised its forecast for annual adjusted profit on Wednesday (May 1) after mixed first-quarter results, banking on international travel demand to offset weakening ...
Marriott offers Taylor Swift concert trips for 500,000 points
IF YOU have 500,000 points sitting around in a Marriott Bonvoy account, that’ll get you four or five nights at a luxury hotel-say, the Ritz-Carlton Nomad in New York City or the St Regis Maldives Vomm...
Marriott’s 2024 profit forecast lags estimates as US demand moderates
HOTEL operator Marriott International forecast 2024 profit below Wall Street expectations on Tuesday (Feb 13), as room revenue in the United States normalises from its post-pandemic highs.
Marriott’s third-quarter profit rises on strong travel demand
MARRIOTT International reported a rise in quarterly profit on Thursday (Nov 2), as the US hotel operator benefited from higher room prices and resilient travel demand.
IOI Properties said to have appointed Marriott for its hotel in Marina View
However, the brand for the new hotel has yet to be finalised
Marriott raises profit forecast on strong travel demand
MARRIOTT International raised its full-year profit forecast on Tuesday (Aug 1), as the US hotel operator bets on higher room rates and resilient travel demand to boost its earnings.
Marriott beats Wall Street estimates on China recovery
MARRIOTT International reported better-than-expected first-quarter results on Tuesday (May 2) as the US hotel operator benefited from a global rise in occupancy and room revenue led by domestic travel...
Marriott joins Hilton in lifting profit forecast on unabated travel demand
MARRIOTT International joined its rival Hilton in raising its annual profit forecast on Thursday (Nov 3), aided by higher pricing and a strong rebound in leisure and business travel even as recession ...