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UPDATE 2-Marriott sees China bookings improving even as March room revenue plunges [Reuters]

Marriott International - Class A (MAR)  More Company Research Source: Reuters
Last marriott international - class a earnings: 2/26 04:30 pm Check Earnings Report
US:NYSE Investor Relations: investor.shareholder.com/mar
Marriott sees China bookings improving even as March room revenue plunges (Reuters) - Marriott International ( MAR.O ) 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. Shares of the company, which owns the Ritz-Carlton and St. Regis luxury hotel brands, rose as much as 6.7% to $83.30 in morning trading. Marriott said occupancy in Greater China rose to roughly 20% in the first week of April, underpinned by a recovery in leisure demand, as restrictions on movement and quarantine measures ease. The hotel industry has been hurt by a jump in booking cancellations due to coronavirus-driven lockdowns, forcing Marriott and smaller rivals Hilton Worldwide ( HLT.N ) and Hyatt Hotels ( H.N ) to abandon their outlooks. But with the world’s second-largest economy slowly reopening for business, the number of closed Marriott hotels [Read more]
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Stockreport

UPDATE 2-Marriott sees China bookings improving even as March room revenue plunges [Reuters]

Marriott International - Class A  (MAR) 
More Company Research Source: Reuters
Last marriott international - class a earnings: 2/26 04:30 pm Check Earnings Report
US:NYSE Investor Relations: investor.shareholder.com/mar
Marriott sees China bookings improving even as March room revenue plunges (Reuters) - Marriott International ( MAR.O ) 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. Shares of the company, which owns the Ritz-Carlton and St. Regis luxury hotel brands, rose as much as 6.7% to $83.30 in morning trading. Marriott said occupancy in Greater China rose to roughly 20% in the first week of April, underpinned by a recovery in leisure demand, as restrictions on movement and quarantine measures ease. The hotel industry has been hurt by a jump in booking cancellations due to coronavirus-driven lockdowns, forcing Marriott and smaller rivals Hilton Worldwide ( HLT.N ) and Hyatt Hotels ( H.N ) to abandon their outlooks. But with the world’s second-largest economy slowly reopening for business, the number of closed Marriott hotels [Read more]
IMPACT SNAPSHOT
EVENT TIME:
MAR
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS