4u Created
Image default
Business

Marriott lifts profit forecast on strong travel demand By Reuters



© Reuters. FILE PHOTO: Signage for the New York Marriott Marquis is seen in Manhattan, New York, November 16, 2015. REUTERS/Andrew Kelly

(Reuters) – Marriott International (NASDAQ:) Inc raised its annual profit forecast on Thursday, aided by higher pricing and a strong rebound in leisure and business travel as pandemic restrictions ease.

Marriott, which owns hotels like Sheraton, Westin and St. Regis (NYSE:), expects adjusted profit per share of $6.51 to $6.58 this year, compared with its previous forecast of $6.33 to $6.59 per share.



Source link

Related posts

You can’t stop the Tether FUD By Cointelegraph

Eurowings says majority of passengers to reach destinations despite strike By Reuters

Popular stocks increasing volume: INTC BABA GME NIO F RIVN BAC