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Market Closed -
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5-day change | 1st Jan Change | ||
| 241.9 USD | -0.87% |
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+2.39% | +7.29% |
(Reuters) - Marriott International Inc reported a 7.7 percent rise in fourth-quarter revenue as more people booked its rooms at higher prices, helping the company reaffirm its 2018 forecast for a key performance metric.
The world's largest hotel chain said its revenue rose to $5.88 billion in the quarter ended Dec. 31 from $5.46 billion a year earlier.
Net income fell to $201 million, or 54 cents per share, from $244 million, or 62 cents per share, a year earlier.
Excluding a charge related to changes in the U.S. tax law and other adjustments, Marriott earned $1.12 per share.
(Reporting by Ankit Ajmera in Bengaluru; Editing by Arun Koyyur)
| 1st Jan change | Capi. | |
|---|---|---|
| +7.29% | 69.74B | |
| +11.99% | 50.99B | |
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| +20.20% | 11.05B | |
| +29.50% | 9.86B | |
| +12.71% | 5.09B | |
| +10.53% | 4.65B | |
| +22.47% | 3.77B | |
| +19.01% | 3.55B |
MARRIOTT INTERNATIONAL, INC. 
