Marriott Q4 Earnings Reveal: Guests Booking Close To Travel, Midweek Business Stays Way Down & Major Tech Overhaul Coming
They're seeing surging leisure rates, a move to last-minute bookings, and are managing a major tech overhaul for the business. Swelling Bonvoy membership is driving revenue - from both hotel owners and banks. How that will pair with growth from lower-end chains, and in light of still-sluggish business travel, remains unclear. Continue reading Marriott Q4 Earnings Reveal: Guests Booking Close To Travel, Midweek Business Stays Way Down & Major Tech Overhaul Coming...
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They're seeing surging leisure rates, a move to last-minute bookings, and are managing a major tech overhaul for the business. Swelling Bonvoy membership is driving revenue - from both hotel owners and banks. How that will pair with growth from lower-end chains, and in light of still-sluggish business travel, remains unclear.
Continue reading Marriott Q4 Earnings Reveal: Guests Booking Close To Travel, Midweek Business Stays Way Down & Major Tech Overhaul Coming...