Marriott posts higher quarterly profit, helped by upscale portfolio

Marriott International

04/11/2025 12:03

Nov 4 (Reuters) - Hotel operator Marriott International MAR.O posted a rise in third-quarter profit on Tuesday as resilient demand for upscale lodgings countered soft sales in its budget and select-service hotels.

The Bethesda, Maryland-based company posted adjusted profit of $2.47 per share during the period, compared with $2.26 per share a year earlier.

 (Reporting by Aishwarya Jain in Bengaluru; Editing by Pooja Desai)

 ((Aishwarya.Jain@thomsonreuters.com))