2 Replies Latest reply: Oct 13, 2011 9:25 AM by anadyr RSS

Marriott Financial Report - 3rd Qtr 2011

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BETHESDA, MD–Marriott International reported that third-quarter 2011 Revenue Per Available Room increased 8.7%, compared to the same period in 2010, while Average Daily Rate rose 5.3%. At the end of the quarter, the company's worldwide pipeline of hotels under construction, awaiting conversion, or approved for development increased to more than 105,000 rooms, including more than 47,000 rooms outside North America. Nearly 6,000 rooms were added to the worldwide lodging portfolio during the third quarter, including approximately 3,000 rooms in international markets and nearly 1,100 rooms converted from other hotel companies' brands.

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