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
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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