Hotel owner IHG says business travel returning after busy summer season [Financial Post (Toronto, Ontario, Canada)]
Marriott International - Class A (MAR)
Last marriott international - class a earnings: 2/26 04:30 pm
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Source: Financial Post
bookings in the United States as the Holiday Inn owner's room revenue inches closer to pre-pandemic levels. The owner of the Crowne Plaza, Regent and Hualuxe hotel chains said hotel room revenue (RevPAR), a key performance indicator, rose 66% in the third quarter, with the United States down just 7% from 2019 levels after a busy summer season. Elon Musk is on track to become the world's first trillionaire Advertisement “Domestic leisure demand was particularly strong in a number of markets over the summer, where occupancy and rate climbed back to 2019 levels,” Chief Executive Officer Keith Barr said. Advertisement Article content IHG said it was encouraged by signs of an uplift in business travel, group bookings and international trips during September. Companies in the travel and hospitality industry around the world are recovering from the pandemic, as higher vaccination rates and an easing in restrictions spur an uptick in business and leisure travel. However, ren
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MAR
Earnings
- 2/13/24 - Beat
MAR
Sec Filings
- 4/1/24 - Form 4
- 4/1/24 - Form 4
- 3/29/24 - Form 4
- MAR's page on the SEC website