Brief: Marriott CEO Says Luxury And Resort Hotels Again Led The Region In The Quarter -Conf. Call

Marriott International

Mon 13:52

Nov 2 (Reuters) - Marriott International, Inc. MAR.O:
MARRIOTT CEO: LUXURY AND RESORT HOTELS AGAIN LED THE REGION IN THE QUARTER -CONF. CALL
MARRIOTT CEO: THIRD QUARTER INTERNATIONAL REVPAR ROSE OVER 4%, LED BY THE APEC REGION
MARRIOTT CEO: REVPAR IN GREATER CHINA WAS AROUND FLAT IN Q3, REFLECTING AN UNEVEN CONSUMER SPENDING ENVIRONMENT AND IMPACT OF MAJOR TYPHOONS ACROSS THE REGION
MARRIOTT CEO: REVPAR IN THE CARIBBEAN AND LATIN AMERICAN REGION DRIVEN BY STRONG LUXURY AND LEISURE DEMAND ACROSS THE CARIBBEAN, OFFSETTING CONTINUED SOFTNESS IN MEXICO
MARRIOTT CEO: Q3 LEISURE REVPAR ROSE GLOBALLY AS PEOPLE AROUND THE WORLD CONTINUE TO PRIORITIZE IN-PERSON EXPERIENCES LIKE TRAVEL
MARRIOTT CFO: EXPECT THE STRONG DEMAND TRENDS THAT WE SAW IN Q3 ACROSS CHAIN SCALES AND CUSTOMER SEGMENTS TO CONTINUE IN Q4
MARRIOTT CFO: IN EMEA, CONTINUED STRENGTH IN EUROPE IS ANTICIPATED TO BE MORE THAN OFFSET BY DECLINES IN THE MIDDLE EAST
MARRIOTT CFO: SAUDI ARABIA HAS ALSO RECENTLY SEEN THE CANCELLATION OF SOME LARGE EVENTS, FOLLOWED BY HEIGHTENED TENSIONS THERE
MARRIOTT EXEC: CONTINUE TO SEE STRENGTH ACROSS GROUP BUSINESS AND LEISURE SEGMENTS
Further company coverage: MAR.O

 ((Reuters.Briefs@thomsonreuters.com;))