Marriott loses group business due to Trump's travel ban
But CEO does not think restrictions will have significant impact on hotel stays by individual business travellers
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Seattle
MARRIOTT International Inc, the world's biggest hotel operator, lost a small amount of group business due to travel restrictions under US President Donald Trump's executive order last month, a move that has led to protests and drawn criticism from major US companies.
"We are aware of a handful of groups who have said, 'You know what? I'm going to go elsewhere,'" chief financial officer Leeny Oberg said in a telephone interview after Marriott announced its fourth-quarter earnings on Wednesday. "Whether there's a marked impact, I think it's too soon to tell," given that group business tends to have a longer lead time, she said.
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