Marriott sees consumers delaying hotel bookings, CEO says
From Investing.com: 2025-06-03 09:08:00
Marriott CEO reveals that consumers are postponing hotel bookings due to uncertainty surrounding the pandemic. This has resulted in a decline in revenue for the hospitality industry. The company is focusing on cost-cutting measures to navigate through the challenging market conditions. The CEO remains cautious about the recovery timeline for the industry.
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