Marriott (MAR) Q1 Earnings Miss Estimates, Revenues Surpass
MARMarriott International(MAR) Zacks Investment Research·2024-05-02 00:16

Marriott International, Inc. (MAR) reported mixed first-quarter 2024 results, with earnings missing the Zacks Consensus Estimate and revenues beating the same. The top and the bottom line increased on a year-over-year basis. During the quarter, the company reported benefits from strong revenue per available room (RevPAR) gains, net rooms growth and an asset-light business model. Also, strong contributions from the group business added to the positives. The company reported strength in The Marriott Bonvoy lo ...