Hilton Worldwide Holdings Inc. shares slip 1% in premarket trading after the hotel chain reported earnings for the fourth quarter and gave an outlook. Analysts note that the bar was high coming into the print due to Hilton’s valuation — it closed Tuesday at an all-time high — and Marriott’s strong results. Bloomberg's Brian Egger joins to discuss. (Source: Bloomberg)
Hilton Worldwide Holdings Inc. shares slip 1% in premarket trading after the hotel chain reported earnings for the fourth quarter and gave an outlook. Analysts note that the bar was high coming into the print due to Hilton’s valuation — it closed Tuesday at an all-time high — and Marriott’s strong results. Bloomberg's Brian Egger joins to discuss. (Source: Bloomberg)
Marriott International Inc. shares surged after the company said it expects credit card fees to grow thanks to an increase in the royalty rate it charges branding partners.
Marriott International Inc. shares surged after the company said it expects credit card fees to grow thanks to an increase in the royalty rate it charges branding partners.
A Marriott hotel in Austin, Texas, US, on Sunday, Feb. 12, 2023. Marriott International Inc. is expected to release earnings figures on February 14.
Marriott International Inc. reported fourth-quarter earnings that missed expectations, after airport delays during last year’s US government shutdown put a damper on business travel.
Marriott International Inc. reported fourth-quarter earnings that missed expectations, after airport delays during last year’s US government shutdown put a damper on business travel.
A plane takes off past the Marriott Hotel at George Bush Intercontinental Airport in Houston, Texas.
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