Has Marriott Turned the Corner? It Has 100 Million Reasons to Think So

Handsome1111111  / Wikimedia

Marriott reported a $100 million third quarter profit, thanks to major cost cuts and an ongoing recovery in occupancy. Handsome1111111 / Wikimedia

Skift Take: Marriott’s level of profitability is unheard of in the hotel industry at the moment, but some of the cost cutting that made it possible isn’t permanent.

— Cameron Sperance

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