Quantcast

China business travel returns for Marriott, revenue tumbles

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 opening bell. In China, where business travel and even some ...

To purchase a reprint of this article, contact reprints@thedailyrecord.com.

Leave a Reply

Your email address will not be published. Required fields are marked *

*