1 Reply Latest reply: Apr 21, 2010 9:50 PM by countryjim RSS

Marriott Earnings Report-end of April 2010

Alumni Steward Platinum 8 Reviews
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According to one insider the news for the first quarter will be good.

 

Business Week says:

 

"Analysts expect Marriott to get a boost from its high-end properties as well as its overseas business. Those segments are expected to have better revenue generated from each available room, which may help overall results for the quarter that ended in March. Revenue per room ratio is considered a key hotel performance measure.

"WHY IT MATTERS: Goldman Sachs analyst Steven Kent said Marriott is one of the few hotel companies that can benefit from the "broad improvement" in the hotel industry. The company, which has more than 3,400 properties around the globe, has a range of hotels catering to travelers with various budgets. It's that diversity, along with the company's timeshare business, that should help the Bethesda, Md.-based company do better than some of its competitors."

(For each location tag, you will be guided through a 3-step process to add (1) a city and a state or a city and a country, (2) a Marriott brand, and (3) a Marriott hotel.)

Location Brand Hotel
London, United Kingdom
  • Re: Marriott Earnings Report-end of April 2010
    countryjim Platinum 1 Reviews
    Currently Being Moderated

    BW's take is encouraging.

     

    And while some of us Insiders are bummed by the chaos on parts of the Insider website, we should be recognizing the creativity of the MR folks (yes, that includes Ed french) for their part in driving business while encouraging frequent stayers.

    (For each location tag, you will be guided through a 3-step process to add (1) a city and a state or a city and a country, (2) a Marriott brand, and (3) a Marriott hotel.)

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