Reported about 1 year ago
Marriott International anticipates a 3 to 5% rise in worldwide revenue growth and 5.5 to 6% in net growth this year, with a focus on corporate group bookings, especially during the 2024 election season and in China. The CEO mentioned a 6% year-over-year increase in the first quarter, aiming for double-digit growth in the coming months and highlighted the growing demand for group bookings, particularly evident in China where the majority of their portfolio is Chinese-owned.
Source: YAHOO