The Business Times

Marriott

Consumer & Healthcare

Marriott trims 2024 profit forecast on sluggish China domestic travel demand

KKR plans to convert its newly acquired hotels in Japan into properties under Marriott International’s midscale brand, Four Points Express by Sheraton.
Property

KKR buys 14 hotels in Japan, converts them to midscale Sheraton properties

FILE PHOTO: Signage is seen at the Marriott Marquis hotel in Manhattan, New York City, U.S., March 23, 2022. REUTERS/Andrew Kelly/File Photo
Companies & Markets

Marriott boosts full-year profit view after mixed Q1 results

Marriott International’s loyalty programme, Marriott Bonvoy, announces it’s sponsoring Taylor Swift's the Eras Tour.
Lifestyle

Marriott offers Taylor Swift concert trips for 500,000 points

Marriott sees a full-year 2024 profit of between US$9.18 and US$9.52 per share, while analysts had expected US$9.69 per share.
Companies & Markets

Marriott’s 2024 profit forecast lags estimates as US demand moderates

Marriott has benefited in the last few months from a recovery in international travel as consumers took advantage of a strong US dollar and flexible work arrangements to holiday overseas.
Consumer & Healthcare

Marriott’s third-quarter profit rises on strong travel demand

IOI Properties was the sole bidder for the Marina View site at a URA tender that closed in September 2021.
Residential

IOI Properties said to have appointed Marriott for its hotel in Marina View

Marriott posts second-quarter revenue of US$6.08 billion, which beats analysts’ average estimate of US$5.99 billion.
Companies & Markets

Marriott raises profit forecast on strong travel demand

Marriott International who have been grappling over the past year with an uneven recovery in Chinese demand are now benefiting from pent-up-demand throughout Asia Pacific, particularly in Greater China.
Companies & Markets

Marriott beats Wall Street estimates on China recovery

Marriott, which owns hotels like Sheraton, Westin and St Regis, expects adjusted profit per share of between US$6.51 and US$6.58 this year.
Property

Marriott joins Hilton in lifting profit forecast on unabated travel demand

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