Marriott CFO says hotel revenue down 17 percent | reuters.com
Room revenue at Marriott International Inc (MAR.N) is running 17 percent below year-ago levels, at the lower end of the hotel operator's recent forecast, according to Chief Financial Officer Arne Sorenson. "I would not expect pronounced improvement in demand until we see improvement in the economy," he said at the Reuters Travel and Leisure Summit in New York.
