Marriott International Reports First Quarter 2021 Results
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TR Number
Date
2021-05-11
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Hospitality Net
Abstract
The first quarter of 2021 RevPAR declined 46.3 percent worldwide, 46.3 percent in the U.S. and Canada, and 46.1 percent in international markets compared to 2020 first quarter. While recovery varies from region to region the resiliency of demand has been demonstrated in main land China where occupancies are near pre-pandemic levels.
Description
Keywords
Marriott International, First Quarter Results 2021, Main land China recovery, RevPAR, Post Covid-19 recovery