Marriott narrows 2024 revenue growth forecast on weakening domestic tourism in the US-February 2024-www.financetom.com

Marriott narrows 2024 revenue growth forecast on weakening domestic tourism in the US

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Marriott narrows 2024 revenue growth forecast on weakening domestic tourism in the US

Jul 31, 2024 4:37 AM

July 31 (Reuters) - Hotel operator Marriott

International ( MAR ) narrowed down its forecast for 2024

revenue per room growth on Wednesday, as the domestic travel

industry in the U.S. continues to perform poorly.

It expects revenue per available room (RevPAR) to grow

between 3% and 4%, compared to the 3% to 5% growth it had

previously forecast.

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