Tag: $Marriott

Marriott’s quarterly profit forecast falls short of estimates as Middle East revenue drops

Marriott International forecast third-quarter profit below Wall Street expectations on Monday, ‌as lower hotel room revenue from the Middle East eclipsed gains elsewhere from the soccer World Cup and summer travel demand.

Marriott lifts profit forecast on international travel demand

 Hotel operator Marriott International  raised its forecast for annual adjusted profit on Wednesday, banking on international travel demand to offset normalizing domestic travel in the U.S.

Marriott sees 2023 EPS growth of up to 29%

Marriott International Inc. reiterated on Wednesday its 2023 outlook for adjusted earnings-per-share growth, as part of the hotel operator’s three-year growth plan it outlined at its security analyst meeting.