Leisure and international travel continue to be two of the biggest drivers for Marriott International (MAR), as the hotel operator expects 3 to 5% in...
), as the hotel operator expects 3 to 5% in worldwide revenue growth and 5.5 to 6% in net growth in its full-year guidance., outlining the hotel chain's expansion and conversion plans as well as how the company sees pricing and inflation fit into its 2024 forecasts.
My, you know, if I play amateur sociologist, I think people during the pandemic recognised I haven't bought another watch or pair of shoes or handbags, and that's OK, but I sure miss travel, and I'm gonna prioritise my disposable income on experiences. I mean, we had a couple really exciting announcements at the luxury end of the market just this week.Uh, Blackstone put did a massive renovation of that hotel before they sold it to host host will convert that to a Ritz Carlton and then in, uh, Southern California in Newport Beach.We reached a deal with the Irvine company and Donald Bren to convert the Pelican Hill resort to a Saint Regis.
There's been some chatter, um, in the various lodging publications of how rent interest rates at still at these levels, um, are impacting development.Now, you have decades of experience in in development.Um, you and I have talked about this in the past.Uh, to be sure, that squeezes the the returns, but their bigger challenge is just accessing debt.
They all wanted to talk about, uh, you know, my perspective on the election, um, as we've discussed in the in the past, one of the really great things about our China business, which is our second biggest market.Um, I think it insulates us a little bit from some of the friction that exists between the two governments.GameStop Stock Soars as ‘Roaring Kitty’ Appears to Show Big Stake. AMC Also Up.
Cathie Wood's ARK Invest missed out on more than $1 billion in returns by selling Nvidia stock too early
International Travel Brian Sozzi
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Australia to unveil decline in projected gross debt, sees lower peak in debt ratioExplore stories from Atlantic Canada.
Read more »
Inspired by the Met, 'sleeping baddies' tackle medical debt at the Debt Gala's pajama partyNEW YORK (AP) — A plush octopus by Jellycat. A neck pillow by XpresSpa. Graphic sleeping masks by Geyoga. The accessories weren't designer. But these cozy...
Read more »
CI Financial CEO says he is comfortable with current debt levelsThe independent asset manager is facing pressure to pay down debt accumulated as it purchased more than 30 wealth management firms in three years
Read more »
Buy now, pay later isn't creating 'phantom debt': Affirm CEOAffirm (AFRM) topped fiscal revenue estimates and narrowed expected losses per share in its third quarter earnings report. Affirm Founder and CEO Max Levchin...
Read more »
Gildan CEO, board resign ahead of shareholder vote, paving way for ex-CEO's returnThe CEO and board of directors at Gildan Activewear Inc. have resigned ahead of the company's annual meeting on Tuesday, paving the way for the company's co-founder to return as chief executive.
Read more »
Gildan CEO, board resign ahead of shareholder vote, paving way for ex-CEO's returnThe CEO and board of directors at Gildan Activewear Inc. have resigned ahead of the company's annual meeting on Tuesday, paving the way for the company's co-...
Read more »