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Marriott Releases Q2 Earnings

Marriott International’s Q2 earnings rose 2.9 percent. CEO Arne Sorenson said in the company’s earnings call that while hotel performance in the latest quarter reflects slower economic growth, leisure travel and group business performed well. Overall profits were $247 million ...

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Marriott Aims to Fill White Space in Hospitality

Marriott Aims to Fill White Space in Hospitality

In April, Marriott took its 2015 acquisition of Delta Hotels & Resorts to the next level, opening the first Delta property outside of Canada in Orlando, Fla. Putting the full weight of the Marriott name behind Delta, the company already ...

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Marriott Shaping Up As An Attractive Takeover Target

Even before the Starwood Hotels & Resorts acquisition is completed, Marriott International continues to dominate the market, as evidenced by its positive first quarter 2016 results. Over the longer term, Marriott is shaping up as an attractive takeover target for a ...

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Marriott CEO Talks Starwood’s Future

With the Starwood merger set to close this summer, Marriott International has a weighty task ahead. During a video interview at the Arabian Hotel Investment Conference, Marriott CEO Arne Sorenson said the mega-company already has specific targets in place for ...

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Marriott Brings Canadian Brand Stateside

Marriott Brings Canadian Brand Stateside

On April 21, Marriott International officially opened its first U.S. Delta property in Orlando, Fla. The new 241-room Delta Orlando Lake Buena Vista is the closest non-Disney branded hotel to the Walt Disney World Resort. Opened in partnership with management ...

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