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Service Properties Trust Terminates Agreements With Marriott For 122 Hotels
Marriott International To Delist From NYSE Chicago Stock Exchange
Marriott Sees Slower Cash Burn As Domestic Travel Recovers - Conf Call
Marriott International, Inc. (Marriott International) is a lodging company. Marriott International operates in three business segments: North American Full-Service, North American Limited-Service and International. Its North American Full-Service segment includes its Luxury and Premium brands (JW Marriott, Marriott Hotels, Westin, Renaissance Hotels, Le Meridien, Autograph Collection Hotels, Delta Hotels, Gaylord Hotels, and Tribute Portfolio) located in the United States and Canada. Its North American Limited-Service segment includes Select brands (Courtyard, Residence Inn, Fairfield Inn & Suites, SpringHill Suites, Element Hotels and Moxy Hotels) located in the United States and Canada. Its International segment includes JW Marriott, St. Regis, EDITION, Bulgari Hotels & Resorts, Marriott Hotels, Westin, Four Points, Aloft Hotels, AC Hotels by Marriott, Protea Hotels, Element Hotels, and Moxy Hotels located outside the United States and Canada.
Hotels & Motels
10400 Fernwood Rd
John Willard Marriott
Executive Chairman of the Board
Arne M. Sorenson
President, Chief Executive Officer, Director
Kathleen K. Oberg
Chief Financial Officer, Executive Vice President
Group President - Europe, Middle East & Africa
Anthony G. Capuano
Group President - Global Development, Design and Operations Services
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Marriott International, a leading hotel operator, is facing a London class action brought by millions of former guests demanding compensation after their personal records were hacked in one of the largest data breaches in history.
Marriott International Inc , the world's largest hotel operator, is facing a London class action brought by millions of former hotel guests demanding compensation after their personal data was hacked in one of the largest data breaches in history.
Marriott International <MAR.O> said on Monday it expects cash burn for the year to be slower than previous estimated as bookings slowly recover from the coronavirus lows that pushed the hotel chain to post its first quarterly loss in nearly nine years.
Hotel operator Marriott International on Monday reported its first quarterly loss in nearly nine years, as extended travel disruption due to the COVID-19 pandemic hammered bookings.
Hotel operator Marriott International said it expected room occupancy rates in Greater China to rise to 60% next month and forecast it could recover to pre-coronavirus levels by the start of 2021, as domestic travel in the country ticks up.
* DECIDED TO DELAY MARRIOTT HOTEL IN PARIS RE-OPENING TO JULY 2020 Source text for Eikon: Further company coverage:
The Trump administration has ordered Marriott International <MAR.O> to wind down hotel operations in Communist-run Cuba, a company spokeswoman told Reuters, extinguishing what had been a symbol of the U.S.-Cuban detente.
The Trump administration has ordered Marriott International to wind down hotel operations in Communist-run Cuba, a company spokeswoman told Reuters, extinguishing what had been a symbol of the U.S.-Cuban detente.
Marriott International <MAR.O> has reopened all its hotels in China and is seeing a steady recovery in the United States, its biggest market, Chief Executive Officer Arne Sorenson said on Monday.
U.S. hotel operator Marriott <MAR.O> missed already lowered estimates for first-quarter profit by a huge margin on Monday, as bookings plunged due to the coronavirus-led lockdowns that kept a quarter of its hotels closed.
Marriott International Inc on Monday reported a 92% slump in profit for the first quarter, as bookings plunged due to coronavirus-led travel restrictions.
Marriott International said on Tuesday bookings in Greater China were improving steadily in April as authorities lifted some coronavirus-led travel curbs, even as it forecast a 60% decline in its March total revenue per available room.
* MARRIOTT FILES FOR POTENTIAL SERIES EE NOTES OFFERING; SIZE NOT DISCLOSED - SEC FILING Source text: (https://bit.ly/3cto5cn) Further company coverage:
* MARRIOTT INTERNATIONAL ANNOUNCES NEW $1.5 BILLION 364-DAY REVOLVING CREDIT FACILITY COMMITMENT AND LEVERAGE COVENANT WAIVER FOR EXISTING REVOLVING CREDIT FACILITY
Marriott International Inc on Tuesday estimated a 60% decline in revenue per available room, a key measure of hotel health, in March as the coronavirus crisis brought global travel to a virtual standstill.
* MARRIOTT SAYS CEO ARNE SORENSON'S FY 2019 TOTAL COMPENSATION WAS $13.4 MILLION VERSUS $12.9 MILLION IN FY 2018 - SEC FILING
Marriott International Inc said on Tuesday information of about 5.2 million hotel guests was breached, the second such incident for the hotel operator in less than two years.
* MARRIOTT WAS FURLOUGHING ABOUT TWO-THIRDS OF ITS 4,000 CORPORATE EMPLOYEES AT CO’S BETHESDA, MD., HEADQUARTERS - WSJ Source: https://on.wsj.com/2QQXYUn Further company coverage:
* MARRIOTT INTERNATIONAL PROVIDES BUSINESS UPDATE AMIDST THE RAPIDLY EVOLVING CORONAVIRUS SITUATION
U.S. hotel operator Marriott International Inc said on Wednesday it was withdrawing its 2020 financial outlook as cancellations mount due to the coronavirus outbreak.
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