From Yahoo Finance: 2025-05-06 14:47:00

Marriott International CFO Leeny Oberg expects a “continuation of declines” in U.S. government bookings, leading to a lower full-year worldwide revenue per available room growth forecast of 1.5% to 3.5%. The company reported first-quarter earnings of $2.32 per share on revenue of $6.26 billion, exceeding analyst expectations. Competitors Hyatt Hotels and Hilton also revised their RevPAR forecasts downward recently. Marriott’s shares are up 1.6% in recent trading but down 10% for the year.



Read more at Yahoo Finance: Marriott’s Declining US Government Demand Leading to ‘Softer’ Growth