Friday, July 26, 2024 | Baltimore, MD
Baltimore, MD
73°
Cloudy
FOLLOW US:

Marriott raises revenue 2023 revenue outlook on strength of international travel

August 2, 2023

Marriott International Inc. (NASDAQ: MAR) reported strong earnings growth in the second quarter and has raised its revenue outlook for the full year as strong travel demand in China and other international markets has more than made up for less-robust growth in the U.S. The Bethesda hospitality giant posted revenue per room of $132.17 for the second quarter, up 10.7% from the same period last year and 6.45% from second quarter of 2019.

Article Source: Baltimore Business Journal

The Morning Rundown

We’re staying up to the minute on the issues shaping the future. Join us on the newsletter of choice for Maryland politicos and business leaders. It’s always free to join and never a hassle to leave. See you on the inside.