Marriott International Reports First Quarter 2021 Results

TR Number

Date

2021-05-11

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

Citation