Marriott raises 2024 profit forecast on international travel demand-March 2024-www.financetom.com

Marriott raises 2024 profit forecast on international travel demand

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Marriott raises 2024 profit forecast on international travel demand

May 1, 2024 4:58 AM

May 1 (Reuters) - Hotel operator Marriott International ( MAR )

raised its forecast for annual adjusted profit on

Wednesday, banking on international travel demand to offset

normalizing domestic travel in the U.S.

The Maryland-based company raised its 2024 adjusted profit

forecast to a range of $9.31 to $9.65 per share, compared to its

previous outlook range of $9.18 to $9.52 per share.

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