Marriott Focused On Helping Owners With Costs, New Development

Increased Interest in Conversions Drives Development in US, Canada

As the hotel industry continues on its way to recovering from the COVID-19 pandemic, Marriott International is working closely with owners to control costs and guide new construction.

As the hotel industry continues on its way to recovering from the COVID-19 pandemic, Marriott International is working closely with owners to control costs and guide new construction.

Liam Brown, group president for the U.S. and Canada at Marriott, said in a video interview with Hotel News Now that no one had a playbook on how to handle a "100-year pandemic," so the company had to create one on its own. Marriott’s teams have been vital to the company’s recovery and are focused on helping owners to get a handle on expenses and maximize profitability.

Read the full article
Finance Finance

CoStar Group, Inc. (NASDAQ: CSGP) is the leading provider of commercial real estate information, analytics and online marketplaces. Founded in 1987, CoStar conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information. Our suite of online services enables clients to analyze, interpret and gain unmatched insight on commercial property values, market conditions and...