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Marriott reports 2% drop in quarterly revenue
Aug 5 (Reuters) - Marriott International Inc, the world's largest hotel company, reported a 2% drop in quarterly revenue on Monday due to slowing global economic growth that weighed on business travel.
Net income fell to $232 million, or 69 cents per share, in the second quarter ended June 30, from $667 million, or $1.87 per share, a year earlier.
Revenue fell to $5.31 billion from $5.41 billion a year earlier. (Reporting by Dominic Roshan K.L. in Bengaluru)
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https://finance.yahoo.com/news/marriott-...48450.html
![[Bild: MARc1dl1736.png]](https://finviz.com/publish/080519/MARc1dl1736.png)
Aug 5 (Reuters) - Marriott International Inc, the world's largest hotel company, reported a 2% drop in quarterly revenue on Monday due to slowing global economic growth that weighed on business travel.
Net income fell to $232 million, or 69 cents per share, in the second quarter ended June 30, from $667 million, or $1.87 per share, a year earlier.
Revenue fell to $5.31 billion from $5.41 billion a year earlier. (Reporting by Dominic Roshan K.L. in Bengaluru)
...
https://finance.yahoo.com/news/marriott-...48450.html
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