Key Takeaways
- Marriott International CFO Leeny Oberg said on the hotel chain’s first-quarter earnings call Tuesday that the company expects a “continuation of declines” in U.S. government bookings.
- Marriott lowered its full-year worldwide revenue per available room, or RevPAR, growth forecast to a range of 1.5% to 3.5% from the prior 2% to 4%.
- Rivals Hyatt Hotels and Hilton Worldwide Holdings also lowered their full-year RevPAR growth forecasts in recent days.
Marriott International (MAR)…
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