Home Travel China business travel returns for Marriott, revenue tumbles

China business travel returns for Marriott, revenue tumbles

115
0

Marriott has reopened 91% of its hotels globally as business travel reemerges in China and worldwide occupancy, which tumbled to 11% in April, reached 34%.

The company reported quarterly profits on Monday that fell far short of expectations, however, and revenue plunged.

Shares dipped about 3% before the …

Previous articleWilliam Barr: Many on the left want to tear down the system; ‘it’s a substitute for religion’
Next articleHillary Clinton: We Have To Do Everything Possible To Defeat “Wannabe Authoritarian” Trump